Chinese stocks sank again on Thursday, June 18. The Shanghai Stock Exchange Composite Index plunged 3.7% while the Shenzhen Stock Exchange showed an equally large loss of 3.6%. In the two mainland stock exchanges, there were a total of 134 companies whose share price tanked the 10% limit.This has been a troubling week for the Chinese stock market. Weekly losses for the Shanghai Composite and the Shenzhen Composite were. Read More
Recently, widely followed investor Dennis Gartman told CNBC that China’s bull market is just getting started. However, looking at the fundamentals, I wonder how long this bull market will last. (Source: CNBC, May 24, 2015.)Stock Market Flying HighThe stock market in China has been going up at a dramatic pace since July of last year. The Shanghai Stock Exchange Composite Index jumped up more than 125% from 2,030. Read More
China’s growth economically has actually slowed from nearly 12% in 2012 to seven percent for the first quarter of 2015, but the Shanghai Stock Exchange Composite Index has gained 100% in one year. China bubble or not, investors should pay close attention.China Bubble: Shanghai Composite Returning 31% Since 2015’s StartShanghai-Hong Kong Stock Connect, announced in April of 2014, is a cross-boundary trading program that opened the door for. Read More
China is rapidly become one of the top travel markets in the world for both domestic and international travelers. To deal with the increased travel, China has been steadily building its road, rail, and air infrastructure that will make travelling in this country much easier.“China is the most attractive place in the world right now for hotels. That’s why investment capital is racing there and why the major international. Read More
The Chinese economy has accelerated at a high level for a number of years. While China’s growth might slow down in the short term, the long-term forecasts for the Chinese economy are extremely bullish. Many firms are hoping for an increase in corporate earnings by expanding sales and production within the Chinese economy. While most Americans still think of the Chinese economy as production only, meaning cheap labor, several corporations. Read More
China is set to announce its first-quarter gross domestic product (GDP) today and, trust me; there is global interest in the result. A weak result and speculation will swirl that the country will face a “hard landing,” which is not what the world wants to hear and could start a domino effect globally.A month ago, Chinese Premier Wen suggested that GDP will come in as low as 7.5% this. Read More
When it comes to the world economy, everyone is expecting China to come to the rescue. While the financial authorities there have reduced China’s growth expectations down to 7.5% this year, this pace is still envied by the rest of the world. The problem is that such a slowdown from over eight percent is starting to be felt by Chinese citizens…and soon the rest of the world.Chinese real estate. Read More
Apple Inc. (NASDAQ/AAPL; Market Cap: $435.98 billion) surpassed oil giant Exxon Mobil Corporation (NYSE/XOM; Market Cap: $406.84 billion) to become the world’s biggest company on February 7. The upward move in Apple shares has been impressive and makes the company the most desirable technology play for investors, especially those who bought at cheaper prices. The maker of hip electronic devices made an astonishing $13.87 per diluted share in its fourth. Read More
The Chinese economy saw its gross domestic product (GDP) slow to 9.1% in the third quarter, down from 9.5% in the second quarter and over 10% in 2010. GDP is at its lowest growth rate since the Chinese economy expanded at 8.9% back in the third quarter in 2009. The Chinese economy may be slowing, but the growth is still staggering given the muted growth in the United States and Europe.
The stock market is showing real strength at this time. A lot of stocks that were hit hard during the market’s recent correction are fighting back and making good progress in their share prices. Consider Caterpillar Inc. (NYSE/CAT), which is an important benchmark stock to follow. The company’s second quarter came in slightly below expectations, then the market began to correct. The stock was around $112.00 and dropped like a stone to $82.00 per share. After experiencing a recovery to just over $90.00 a share, it dropped again to the $80.00-per-share mark. Now the stock has broken past the $93.00-per-share level and its near-term price momentum looks to be intact.