Monday, 11 August 2008

FT China Index



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:

Loh Hon Chun said...

Are all the rumours on post Beijing Olympics plunge going to come true?

hongjun

2Y Capital said...

Not sure about the rumours but i will avoid S-chips for now... :)

Loh Hon Chun said...

Just look at how China market plunges can be quite scary.

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