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Thread: Will Chinese shares prices drop down?
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[quote=KEVIN0518,233917]Chinese shares Thursday regained ground lost two days earlier, stepping back over the 4,000-point barrier, with B-shares leading the way. The benchmark Shanghai Composite Index concluded Thursday trading at 4,048.29 points, up 62.25 points, or 1.56 percent, from the previous close on a daily transaction volume of 189.6 billion yuan (24.6 billion U.S. dollars). The Component Index on the Shenzhen Stock Exchange rose 328.73 points, or 2.81 percent, to end the trading day at a record 12,011.08 points on turnover of 98.5 billion yuan (12.8 billion U.S. dollars). On Thursday, the Hushen 300 Index, which tracks 300 companies on the Shanghai and Shenzhen stock exchanges, closed at 3,778.61 points, up 78.32 points, or 2.12 percent, from the previous close..... ----------from Xinhua News Agency It seems that Chinese shares market boosts greatly. At present, more and more Chinese people are taking a running jump at stock exchange and have gained a lot of money. Some peole even ask bank loans or sell houses to buy the shares. They claim" I wanna earn money at shares market." "taking a running jump at stock exchange " has become the most popular thing. People are crazy about the shares. Even some farmers are lured by the huge profit of the shares and wanna have a try. However, some analysts warn that all those investors should be cautious before they decide to take part in it and the shares market does exist risk. Is that normal? How do you think of this issue? Will Chinese shares prices fall?[/quote]
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