Accumulating wealth is like building The Great Wall, one brick at a time
Category: ChinaBy Sun on May 12, 2008 in China | 0 Comments
2008 was supposed to be a good year for China while the Olympics coming to Beijing for the first time. Instead, the country was hit by disasters, natural and man-made, one after another:
In late January, early February, half of the country was frozen after the worst winter snowstorm in 50 years, stranding millions travelers;
In March, […]
By Sun on May 5, 2008 in China | 2 Comments
April has turned out to be a pretty good month for equity investors. After all three major indices dropped to 52-week low in early March, stocks rebounded last month after financial firms indicated that the worst part of the current crisis may be over. The Dow ended April with a gain of 4.54%, the S&P […]
By Sun on Apr 18, 2008 in China | 5 Comments
The other day, one of my friends who will travel to China next week sent me a link to a chart. The chart is the 5-year relationship between Chinese currenty and US dollar. I know that Chinese Yuan (RMB) has appreciated quite a bit since the pegging ended in July 2005. I also […]
By Sun on Apr 9, 2008 in China | 4 Comments
I LOVE my country, though I haven’t lived in China for more than ten years!
And I wish Beijing a successful Olympics this summer so people around the world who love sports can enjoy the games!
Good luck, Beijing!
By Sun on Apr 2, 2008 in China | 0 Comments
Another month has passed and there was still no sign of a bottom for Chinese stocks traded on US exchanges. In fact, March was a pretty bad month for Chinese ADRs, with 60 of the 87 stocks I tracked ending the month in the red. Among the losers, China Finance Online (JRJC), which is a […]
By Sun on Mar 4, 2008 in China | 1 Comment
Chinese stocks listed on US stock exchanges had another rough month in February. Of the 84 Chinese ADRs I track, winners and losers are virtually evenly split: 43 had a losing month while another 41 gained. Biggest losers again were alternative energy stocks, with Suntech Power (STP) leading the way with a drop of nealy […]
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