China
Chinese Stocks Surged as Government Came to Rescue
Think U.S. stock market is miserable? You will feel much better if you look at what happened in Shanghai and Hong Kong since last October. Since reaching the all-time high in October 2007, Shanghai Stock Exchange Composite Index has lost nearly 70% of its value in less one year.
But over night, the China government finally [...]
Chinese ADRs Monthly Update - August 2008
Looking at the following chart of the Dow Jones Industrial Average (^DJI) in August, you can pretty much have an idea of how the stock market was doing last month: Not much! Indeed, though the Dow gained some 165 points for the month, it was as volatile as it has been lately, up 100 points [...]
Google Beijing Olympic Logos: How Google Celebrated the Event
So the 2008 Beijing Olympic Games is over!
The past two weeks were pretty exciting, with all the sport events happening 6000 miles away. Right after the opening ceremony on 08/08/08, checking all the actions and scores and, of course, the medal count, became my daily routine. Too bad that most of the time I had [...]
Chinese ADRs Monthly Update - July 2008
July was a volatile month for U.S. stock markets. The Dow Jones Industrial Average started the month with some big losses, even closing below 11,000 for the first time in two year on July 15th. But since then, the index has reclaimed some of the losses after a pair of strong rallies, fueled by declining [...]
