Last Updated on February 2, 2007 by stlplace
It seems the “irrational exuberrance” in Chinese domestic stock market finally got a reality check. Here is an excellent article from MarketWatch. Again quoted from the article:
“There was a story on the front page of The Wall Street Journal about a group of little old ladies in the Midwest who soured on their boring portfolio as they watched dot-com investors get rich. The good ladies had traded their utilities for the shares of technology firms.