I have been saying that the China growth story still
has a long, long ways to go and that we are only in the 3rd or 4th inning of a very profitable ball game.
I expect the Chinese stock market to mirror the growth of its Hong Kong market cousin.
In 1973, the Hang Seng Index was sitting at 153.
Today, the Hang Sang Index is over 25,000.
We’ve only seen the tip of the iceberg.
- Hong Kong-listed Chinese companies surge The Hong Kong Stock Exchange has an index of mainland Chinese stocks that are listed on the HKSE called the...
- China stocks shrug off earthquake The Hang Sang Index jumped by 2% and the China Enterprises Index of Hong Kong-listed mainland China companies, or H...
- Bigger bounce in Asia The 413 point Dow Jones jump translates into a 4.6% gain. That’s pretty impressive. There was even more impressive gains...
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