Market Review and Trends
China stock plunge – From Horse Mouth of Mainland Chinese Residents
By Rolf Suey - Invest in Yourself  •  September 5, 2015
I was in China when the country experienced one of the greatest stock market crashes on 24 Aug 2015. I took the opportunity to gather some local feedback. Below are some of the comments. Government is more concern about property – Mr. M, Businessman. Mr. M is a businessman from Shanghai at age 50+/-, who also has been investing for decades. He said, “the Chinese government do not really care about stocks, they are more worry about property!” It's true. According to an article I read, just over 5% of Chinese household wealth is in stocks while 70-80 percent is in property. Having said that, the property market in China does not fare any better, with supply largely exceeding demand. Mr. M anticipates that Government will intervene when Shanghai index drop to 2500. Latest is 3160 points. I have confidence in our Government – Mr. D, Manager from ......
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By Rolf Suey - Invest in Yourself
I am a Singaporean, born in the late 1970s experiencing mid-life career crisis at time of writing this blog. One reason to start blogging at an older age, is to break my own comfort zone. While it can be considered late, it is "Better Late Than Never" ...
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