FT China Index broke its recent low and my advise to all is to 'siam' S-chips. S-Chips is likely to be cheaper in the coming days and this is led by the Shanghai Index which has already dropped 60% from its high. Not sure if it is China or US that is having this sub-prime woes?!
3 comments:
Are all the rumours on post Beijing Olympics plunge going to come true?
hongjun
Not sure about the rumours but i will avoid S-chips for now... :)
Just look at how China market plunges can be quite scary.
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