Tag: chinese stocks 2011
Chinese Stocks Gearing Up For Strong Second Half?
This past Friday Chinese stocks posted their biggest one-day gain in over a month. The Shanghai Composite Index jumped nearly 27 points to close at 2,871 for a gain of 1%. The index also notched its first weekly advance in four weeks, rising 0.3%. Chinese stocks rallied on news showing recent interest rate hikes and […]
China Stocks: Big Bargains In Chinese Stocks
China bashing is the latest fad in financial journalism. Every day the news carries article after article criticizing the Chinese economy, Chinese government, Chinese companies, and most of all, Chinese stocks. This merciless campaign of negativity has been going on for months now. It seems like China’s economic challenges are bringing the critics out of […]