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Thread: Bull market to end after Beijing Olympic Games?
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[quote=DREAMLIFE,266441]Compared with 2007, Chinese stock market seems to enter the bear market. Chinese shares have been dropping a lot after the reserve requirement hikes. Today, the Shanghai Composite Index went down to 4900 points. A professional in security market forsees that the subprime crisis may land on Chinese stock market and the bull market will end after Beijing Olympic Games. Jim Rogers says that the bull market will last 20 or 30 years as long as you choose right shares to invest. Otherwise, the bull market ends for you. What's more, he won't buy shares of Chinese banks though they have increased a lot. Why? The shares are expensive and the banks don't operate very well. What do you think of their words? Who do you believe?[/quote]
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