Quote:
Originally Posted by wkllaw
wangrui961, its interesting to hear you work in a stock company. I've been reading about the situation with the chinese stock markets from the economist, businessweek and some chinese publications.
I would however if you can like to hear about your perspective of what's going on there? I generally like to hear from people who's experiencing things first hand.
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well , it's hard to give you discreption of the stock market in china now for my poor english.
Stock Index Futures is coming in 2008, more money and more new guys will enter the financial market,also some will out with bankruptcy.
the market is a big casino , one die here and more come in .
The foreign institutions want to make money here and investment a lot , but China is not japan,not india or the southeast Asia ,you come in with money and go out with more. The capital in china is very huge and strong , the only winner is the funds in mainland and hongkong (under the goverment's acquiescence ).
The Shanghai Stock Index once got to 6100,but now down to 5261, some experts said it will be 8000 or more before August 2008.
China has 155 Central enterprises ,but only 20 of them are Listed .the goverment is planning to let them all enter the stock market.
Now here are full with opportunities and risks, if you are self-confidence and rich enough ,you can come in and have a try.
In china ,nothing is important except money,no technical analysis ,no fundamental analysis, money makes money, more money ,more opportunities to make money.
China has 5 of "top ten market value companies". China Petroleum's market value was once above 1 trillion US dollars,twice of the word second ExxonMobil.
In China ,people do what they want to do , nothing is impossible.
Luckily, I have never investment in the market. I only provide services and suggestions to customers , i still made a lot of money. I had some clients who withdraw in two months after they enter, but there will be more people to come to me.