In an article titled Shanghai Market Sees Red the Journal says: “It is rich in irony. But preparing to celebrate the 60th anniversary of the People’s Republic of China, the Communist Party won’t want a plunging stock market to mar the festivities. At least, this is the latest thinking among traders betting on an end …
China’s foreign-exchange reserves exceeded $2 Trillion for the first time as per the data released this week. Source: The Wall Street Journal From the WSJ: “The stockpile — the world’s largest currency reserves — grew by $177.87 billion in the quarter to $2.132 trillion, the largest quarterly rise on record. In May, China also increased …
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Many ADRs from China are traded in the USÂ markets. To download the list of ADRs click on the appropriate links below: 1) Full list of China ADRs listed in organized exchanges China ADRs listed in organized exchanges (Excel) 2) Full list of China ADRs traded in the OTC markets China ADRs traded in the …
The economy of China is stable and growing due to the government stimulus program focused towards infrastructure per World Bank’s Quarterly Update. Imports of raw materials have increased though exports have not due to lack of demand from overseas. China has tremendous potential to grow the domestic market. About 42 Chinese ADRs trade in the …
Continue reading ‘A Look at Top Five China ADRs by Market Cap’ »
The World Bank released the China Quarterly Update, June 2009 recently. This report offers an in-depth analysis of the current state of the Chinese economy. Some highlights from this report are presented below. China’s economy declined in the first part 0f 2009 but thanks to the infrastructure-focused “RMB 4 Trillion” stimulus plan announced by the …
Continue reading ‘China’s Economy Stable But Strong Growth Unlikely Soon’ »