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atimes.com...
Didn’t we just say yesterday that Hong Kong shares were the most compelling buy in the world? Well, the western media outlets might not be listening to us, but investors are. (Or at least sharing our conclusions.)
After a public holiday Monday, Chinese mainland shares on Tuesday rebounded from last week’s 13% correction and Hong Kong stocks continued Monday’s rally.
The mainland’s CSI 300 index jumped 3.2%, while the Shanghai Stock Exchange Composite Index climbed 2.2%. In Hong Kong, the benchmark Hang Seng Index gained 0.9% and the Hong Kong China Enterprises Index rose 1.7%.
originally posted by: Agit8dChop
originally posted by: intrptr
Far from 'crashing', its down about 10 percent.
Isn't 10% considered a crash?
'http://useconomy.about.com/od/glossary/g/Market_Crash.htm
anyways, indexq.org doesn't look pretty for Asia Pacific.
originally posted by: onequestion
a reply to: pl3bscheese
Predictable dip?
originally posted by: onequestion
a reply to: Greathouse
Yeah right.
Everyone who plays roulette knows you bet on the back forth not on the run. Then you follow.
Financial literacy is limited in a society where the mainland's first communist-era stock exchange opened in Shanghai only in 1990. Brokerages offer classes in trading but a culture of commentators who preach the gospel of low-risk, long-term investing has yet to develop. Many small investors rely on rumors or tips from friends in a market rife with complaints of insider trading and fraud. Reports say the China Household Finance Survey, which is conducted by Southwestern University of Finance and Economics, found nearly 6 percent of new investors were illiterate, a quarter finished only elementary school and more than third left the education system at junior high school level.
originally posted by: Ultralight
a reply to: BELIEVERpriest
There is a very simple reason for China's economy spiraling downward. And it IS. A multitude of other nations will also, sadly, including the US. Nothing to do with JH15, either.
Research and, as you do, keep in mind the diversionary tactics the G8, (LOL) NOW G7 countries will adopt to keep the illusion of economic stability and control alive and for as long as possible.
I would share but I am rather fond of breathing.