Beware: China's Stock Bubble
May 9th 2007 17:06
The recent budget delivered by Treasurer Peter Costello was rather sweet than sour but was not enticing enough to compete with the current takeover frenzy by private equities for attention. Even the accountancymagazine.com of the UK put up a front page of the boom of private equities.
So what is next? Possibly China again but this time it is not about its appetite for resources but its hunger for the stocks by the masses.
A stockmarket revolution is currently underway in China with nearly 1-in-14 are speculating on the market that defy rationality and it is just two words to describe the situation, simply madness.
And what is next? A possible correction that could tumble the illogical high values of the Chinese shares and then cause another global stock market meltdown that was seen in late February this year.
Mid-year is nearing and there could be some corrections to expect. Because the zodiac said so.
---
Stay tune for more.
So what is next? Possibly China again but this time it is not about its appetite for resources but its hunger for the stocks by the masses.
A stockmarket revolution is currently underway in China with nearly 1-in-14 are speculating on the market that defy rationality and it is just two words to describe the situation, simply madness.
And what is next? A possible correction that could tumble the illogical high values of the Chinese shares and then cause another global stock market meltdown that was seen in late February this year.
Mid-year is nearing and there could be some corrections to expect. Because the zodiac said so.
---
Stay tune for more.
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