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Will A-shares drop to 2008 points?
Aug 15, 2008 04:00
  • DREAMLIFE
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The Chinese stock market is not as flourishing as the Olympics, continuing to fall. On August 11, Shanghai Composite Index fell below 2500 points and there were about 600 shares that plunged to the limit. The Olympics didn't flourish the stock market. Last Friday, American stock market and other Asian markets all climbed up because the crude oil prices went to its lowest level in recent three months. Only Chinese A-share market slumped, falling below 2500 points. The investors said that they even didn't know which shares they should buy. About 85 percent investors think that A-shares will fall straightly to 2000 points. An investor post a thread, asking "will A-shares drop to 2008 points? Better not, that is shameful."

It seems that Chinese investors have totally lost confidence in the stock market. In earlier time, they hoped that the government chould make some policies again to save the market. However, they got no response from the goverment. Then they hoped the Olympics could light up the market but the falling has told them this is impossible too.

What do you think? Will A-shares fall below 2000 points?
Aug 28, 2008 20:28
#1  
  • JIMMYB
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Now it has dropped to 2300 points. I guess that it might reach 2008 points. You see, some shares even fall below 2 yuan. Just hope that 2008 will be the turning point.
Sep 17, 2008 04:47
#2  
  • KEVIN0518
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Yesterday, it fell below 2000 points, Dreamlife.
Sep 17, 2008 07:18
#3  
  • APAULT
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Great buying opportunity!

Sep 18, 2008 17:27
#4  
  • MARRIE
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when everybody goes in one direction, it's time for you to go in the other. However, if this saying seems to offset itself if everybody believes it.
Sep 18, 2008 22:46
#5  
  • JIMMYB
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Paul, have you invested in Chinese stock market? I am afraid that no one else will choose this time to invest in Chinese stock market.
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