Reading Time: < 1 minute Finanlly I bought some A Shares in Shanghai Stock Exchange this afternoon. This is more than 10 years after my last purchase 🙂 I realized Chinese domestic stock market is still not widely open to foreign investors. There is a thing called QFII, stands for qualified foreign instiutional investors. Here is a good explaination for… Continue reading Bought Some Shares in Shanghai
Reading Time: < 1 minute This is from what I feel after spending 36 hours Shanghai. I read quite a few newspaper, magazine, and watch the “finance” section on the TV (first Caijing etc.), as part of research for Xinhua Finance Media IPO, stock market is a very hot topic in all those places. The scary part is, in one program this analyst promoted how… Continue reading Shanghai Market is Still Hot
Reading Time: < 1 minute Today, Feb 27 Tuesday, the Chinese Stock Market got a huge sell off. You can see some rationale from this Seekingalpha article. This sell off also spread to the US market, not surprisingly some of the Chinese ADRs such as HMIN and MR also dropped 10%. Is it the beginning of a bear market? Or merely a correction? I don’t… Continue reading What Happened to Chinese Market?