The big Chinese companies that trade as ADRs, such as China Life Insurance Company Ltd. (NYSE:LFC), China Petroleum & Chemical Corp. (NYSE:SNP), and China Telecom Corporation Limited (NYSE:CHA) have declined at a far less precipitous clip than their home markets. Chinese solar stocks such as LDK Solar Co. (NYSE:LDK), China Sunergy Co. (NASDAQ:CSUN), and [...]
Tags: and ReneSola, China Life Insurance Company, China Petroleum & Chemical, China Sunergy, China Telecom Corporation Limited, ldk solar, NASDAQ:CSUN, NYSE:CHA, NYSE:LDK, NYSE:LFC, NYSE:SNP, NYSE:SOL, shanghai stock exchange
The Shanghai Stock Exchange has now erased all gains since 2006. Chances are that the 2007 records will not be matched for five or ten years.
by J. Christoph Amberger
Baltimore — (TFN): The Shanghai Stock Exchange ended the trading day with yet another dramatic loss of 121.858 points — a drop of 4.47%. The index closed [...]
The Shanghai stock exchange has entered a protracted bear market, losing more than half of its valuation. How long until the financial crisis spills into the overall economy?
by George Wehrfritz
Baltimore — (TFN): Since peaking last October, shares on the Shanghai Stock Exchange have lost half their value—an ignominious tumble capped when prices plummeted 7.7 percent [...]
Baltimore — (TFN): The earthquake in China not only destroyed homes and lives. It also disrupted infrastructure, industry and agriculture in the Chinese economic heartland. Combined with the rising yuan, the idling of industrial capacities, and China’s looming debt crisis, investors should review their Chinese stock holdings now. [...]
by J. Christoph Amberger
Baltimore — (TFN): A Chinese friend of mine spent most of last week on the phone, checking up on family. He’s from Sichuan, the Chinese province most affected by last Monday’s earthquake. The death toll is now expected to exceed 50,000. But millions of homes and businesses have not just been destroyed. [...]