Timing the market is always difficult nevertheless our last Newsletter, titled “Rock bottom China stocks offer bottom fishing” was a home run. We wrote that “… Chinese stocks are now trading at favorable valuations. Some even argue that a strong rally is ahead for the rest of the year.”
While some of the concerns responsible for pushing the Shanghai Composite Index (SHA:000001) 27 percent lower for the first six months of the year persist, investors have turned their attention to earnings prospects and government fiscal policies in July.
Other key indices mentioned in this report include the Dow Jones Index Average (INDEXDJX:.DJI) and the Hang Seng Index (INDEXHANGSENG:.HSI). Key stock of the report are not limited to Trina Solar (NYSE:TSL), Yingli Green Enrgy (NYSE:YGE), Solarfun Power Holdings (NASDAQ:SOLF) and JA Solar (NASDAQ:JASO) from the solar sector plus Sina Corp. (NASDAQ:SINA), Ctrip.com (NASDAQ:CTRP), and Home Inns & Hotels Management (NASDAQ:HMIN).
Losses have accelerated at the end of June sending the DJIA (INDEXDJX:.DJI) 2.5 percent lower for the month and over ten percent lower for the quarter. The Shanghai Composite Index (SHA:000001) fell...
If asked what was the most memorable event in May, many of us would think of the 1,000 swing of the DJIA (INDEXDJX:.DJI) on May 6 at 2:30. While it was an unfortunate event, most of the damage came ...
May 19, 2010 (Press Release - Chinavestor) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no...
April of 2010 proved to be more difficult for China stocks investors than originally thought. Investors took very seriously the austerity measures the Chinese government put in place, selling-off fin...
