anybody remember the crash.....

just a few point away from a new high

amnesia?! :-)



http://immobilienblasen.blogspot.com/2007/...-rate-hike.html

another move to dampen speculation

China Bars Firms Speculating With Stock-Sale Funds

China's securities regulator barred companies from using proceeds from share sales to invest in stocks, in an attempt to damp overheating financial markets.

Companies are also banned from buying derivatives and convertible bonds with share sale proceeds, the China Securities Regulatory Commission said in a statement today. The Beijing- based regulator said it will monitor companies more closely.

http://immobilienblasen.blogspot.com/2007/...with-stock.html

done! new high

Back on February 27th, China sneezed (Shanghai Composite Index down 8.8% on the day) and the reverberations were felt in financial markets around the globe (i.e. S&P 500 down 3.5%). With much of the financial world focused on China, today's chart presents the current trend of the Shanghai Composite Index. It is interesting to note that while the Chinese stock market plunged in dramatic fashion back in late February, the 19-month rally that preceded it was even more dramatic (up nearly 200% since mid-2005). Another point of interest is that less than one month after that 8.8% plunge, the Shanghai Composite is once again making new highs.



http://immobilienblasen.blogspot.com/

China Raises Banks' Reserves Sixth Time in 10 Months

http://immobilienblasen.blogspot.com/2007/...sixth-time.html

by the way the stock index has gained 18% since the small dip within one month.......

yes quite,this is very important.

they are demanding that banks have a larger amount in reserve.they are also diversifying out of the dollar and into gold/€.
Quite smart thinking really,considering the speculators are jumping aboard with little care for the risk....this little exercise leaves the foreingers holding proportionately more risk.

from mike panzer via barry ritholtz



http://bigpicture.typepad.com/comments/200...a_syndrome.html

scary!

http://immobilienblasen.blogspot.com/

CHHINAAAAGEEDDDDONN

Its a classic parabolic blowoff top, it resumed even after the 9% plunge in feb

1k mid 2005

3500 right now

When the blowoff is over it will collapse with everything else liquidity driven

http://finance.yahoo.com/charts#chart7:sym...ource=undefined

speechless



http://immobilienblasen.blogspot.com/

sobering story about the stock market frenzy in china

. New accounts at brokers are being opened at a rate of more than 200,000 a day, touching a high of more than 310,000 on April 24th. The total so far this year is more than 8m, which is around ten times as many as in the whole of 2005

http://immobilienblasen.blogspot.com/2007/...in-grip-of.html

Anyone feeling brave enough to short some .cn stocks?

the frenzy goes on...lots of greater fools in china.....

Some 4.787 million new A-share trading accounts were opened in April, more than the combined number of the previous two years, statistics from China Securities Depository and Clearing Corporation.

http://immobilienblasen.blogspot.com/2007/...ccounts-in.html

Bourses in China eclipse all of Asia

http://immobilienblasen.blogspot.com/2007/...ll-of-asia.html

http://globaleconomicanalysis.blogspot.com...ied-stocks.html

make sure you enlarge the chart!

Paulson, Wu Cool China Growth; Local Leaders Add Fuel

so much for central planning......

http://immobilienblasen.blogspot.com/2007/...owth-local.html

China’s Pace, America’s Angst / Roach

"I stand by my view that there is about 60% chance that a veto-proof majority of the US Congress will pass a WTO-compliant bill by the end of 2007 that will impose broad-based trade sanctions on Chinese products sold in America."

http://www.morganstanley.com/views/gef/index.html#anchor4947

and with elections looming and a recession under way it will be to tempting to blame china for most of the problems......