China's stock market value exceeds that of Japan!!!

China's stock market value exceeds that of Japan!!!
Aug 29, 2007 21:20
KATRINA Points: Join Date: Nov 29, 2004 Status: offline	According to the report from Financial Times in Britain, the total value of China stock exchanges has exceeded that of Japan if the listed companies in Hong Kong are included. Very exciting news!!! Compared with the total value of Japan's stock market of 4.7 trillion dollars at its closing trading of August 28th, the total value of China's market value has reached 4.72 trillion dollars. In last 18 months, China's stock market had experienced its rally and the shares kept on rising and rising. On some days, the capitalization of China's market has exceeded that of other Asian nations in total. The rapid growth in China's stock market is partially due to its bounce-back in August while other markets have been seriously affected by the sub-prime loan crisis happended in US. ICBC becomes the biggest bank in the world in term of its market capitalization. And China Life insurance is the largest insurer. Talking about the stock market in China, overseas analysts are afraid that this news suggests that China stock market is overvalued and the bubble has been made. While mainland analysts say that it reflects the potential of China's economy. What do you think? A bubble has been created or not?

Aug 29, 2007 21:20

KATRINA
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Join Date: Nov 29, 2004
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According to the report from Financial Times in Britain, the total value of China stock exchanges has exceeded that of Japan if the listed companies in Hong Kong are included. Very exciting news!!!

Compared with the total value of Japan's stock market of 4.7 trillion dollars at its closing trading of August 28th, the total value of China's market value has reached 4.72 trillion dollars. In last 18 months, China's stock market had experienced its rally and the shares kept on rising and rising.

On some days, the capitalization of China's market has exceeded that of other Asian nations in total. The rapid growth in China's stock market is partially due to its bounce-back in August while other markets have been seriously affected by the sub-prime loan crisis happended in US.

ICBC becomes the biggest bank in the world in term of its market capitalization. And China Life insurance is the largest insurer.

Talking about the stock market in China, overseas analysts are afraid that this news suggests that China stock market is overvalued and the bubble has been made. While mainland analysts say that it reflects the potential of China's economy. What do you think? A bubble has been created or not?

Aug 29, 2007 22:53	#1
JIMMYB Points: Join Date: Feb 7, 2007 Status: Offline	The roaring stock market partially reflects the robust economic growth of China. But, remember, stock market, in nature is a kind of speculation. Inevitably,bubble is mixed into the seemingly prosperous economic landscape.

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