Where is the summit of China's stock market?

Where is the summit of China's stock market?
Oct 16, 2007 21:57
KEVIN0518 Points: Join Date: Mar 13, 2007 Status: offline	The source said that the shares in Shanghai and Shenzhen Stock Exchanges had increased about 400 percent in last two years. On Oct.15th, it set another record. The benchmark Shanghai Composite Index jumped over 6000 points. Many people are worried about China stock market. Though it has developed very fast, the bubble in the stock market still exists. When will the bubble break? It seems that the doomed day when the bubble breaks will not come very soon. At present, the market is still prosperous. PetrolChina, China Life Insurance, Air China and some other Chinese corporations have created many records in the world. In 2005, China A-share market went into its downturn. The government carried on the Non-tradable Shares Reform to save the market. This was the turning point. Since then, A-share market has gradually revived. Now, the government has tried to raise the interest rates to cool down the stock market. However, the shares are keeping increasing. I wonder that if there is a summit of the stock market. What's more, those listed companies have earned huge profits from the market. Those investors and listed companies are enjoying a grand feast in the stock market right now. What if the bubble breaks? What is your view? Will it reach 10,000 points?

Oct 16, 2007 21:57

KEVIN0518
Points:
Join Date: Mar 13, 2007
Status: offline

The source said that the shares in Shanghai and Shenzhen Stock Exchanges had increased about 400 percent in last two years. On Oct.15th, it set another record. The benchmark Shanghai Composite Index jumped over 6000 points.

Many people are worried about China stock market. Though it has developed very fast, the bubble in the stock market still exists. When will the bubble break? It seems that the doomed day when the bubble breaks will not come very soon. At present, the market is still prosperous. PetrolChina, China Life Insurance, Air China and some other Chinese corporations have created many records in the world.

In 2005, China A-share market went into its downturn. The government carried on the Non-tradable Shares Reform to save the market. This was the turning point. Since then, A-share market has gradually revived.

Now, the government has tried to raise the interest rates to cool down the stock market. However, the shares are keeping increasing. I wonder that if there is a summit of the stock market. What's more, those listed companies have earned huge profits from the market. Those investors and listed companies are enjoying a grand feast in the stock market right now. What if the bubble breaks?

What is your view? Will it reach 10,000 points?

Oct 18, 2007 02:54	#1
ICEBERG Points: Join Date: Sep 10, 2007 Status: Offline	What if bubble breaks? If the bubble breaks, I guess that many people will jump off the building and thsoe companies will go bankrupt. Perhaps, the shares will really reach 10000 points.

Oct 18, 2007 04:23	#2
LEONARDO Points: Join Date: May 21, 2007 Status: Offline	Wow, it sounds that Chinese stock market is witnessing a bullish market. If the shares can reach 10,000 points, I will consider purchasing stocks. Buying China's stock is a shortcut to become rich. Haha, I think I am not a lucky man. Perhaps, if I buy stocks, the stock market would be in the doldrums.

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