The Shanghai stock market not only stayed today firmly in the red (that is positive here in China, where some things do go differently), but the index even passed the 5,000 point mark, another record.
Some observers, like Billsdue, expect that the investors will take now a break from their hard work and will a little psychological dip. One way or the other, if there is a dip, it will only be a short one, since the fundamentals have not changed.
Weblog with daily updates of the news on a frugal, fair and beautiful China, from the perspective of internet entrepreneur, new media advisor and president of the China Speakers Bureau Fons Tuinstra
Thursday, August 23, 2007
Stock market passed 5000 mark
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