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Archive for May 29th, 2007

China to Raise Stamp Tax »

That’s the stock trading 印花税 in Chinese. It was only a week ago somebody from department of finance denied the “rumor”, now they ate their own words. They raised rate from 0.1% to 0.3% for stock trade. I don’t know how the market will react to this. Will it blush off like it did on May 21 amid [...]

Shanghai Composite Index 8000 ? »

You know I am kidding, do you? We all know the bubble is there, but how much bubble do we got? Is bubble going to burst very soon? These are the questions the investors (more accurately speculators) in China should ask. In my mind, there are fundamental reasons for this rising of Chinese equity values: over liquidity [...]

Reminder: Crocs to Split 2 for 1 »

I put it in my Yahoo calendar a while ago. But I have not added my positions because it did not fall to the range I wanted to pull my trigger. Although there are heavy insider sellings lately. “Shareholders of record May 31 will get an additional share for each they hold on June 14″, see this [...]

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