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Hang Seng
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Author Hang Seng
rffrydr
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PostPosted: Thu Apr 26, 2007 8:17 am    Post subject: Hang Seng Reply with quote

Can't take out highs on 13000 party. Next up see if it can hold the gap.

http://www.futuresource.com/charts/charts.jsp?s=HHAJ07&o=&a=V%3A60&z=610x300&d=medium&b=bar&st=
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Post new topic   Reply to topic    MarketThoughts.com Forum Index -> The China Board
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rffrydr
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PostPosted: Tue May 15, 2007 10:38 pm    Post subject: Reply with quote

Shanghai down 44.44 pts from yesterday:

http://news.xinhuanet.com/english/2007-05/15/content_6102024.htm
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PostPosted: Thu May 10, 2007 10:35 am    Post subject: Reply with quote

They already "upped" this amount $25000 or so. But apparantly redtape has kept this locked up.
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HenryTo
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PostPosted: Thu May 10, 2007 10:08 am    Post subject: Reply with quote

The best way to alleviate the bubble in the Chinese market now is to lift capital controls, and allow investors to invest in the Hong Kong market, for example.

Right now, the Chinese financial market is little developed - meaning besides putting in a savings account, or investing in real estate, gold, etc. are the only alternatives. There are no established bond market and money markets, etc.
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dknoester
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PostPosted: Thu May 10, 2007 9:10 am    Post subject: Reply with quote

Thursday, May 10th. - Stock Trends, Charts, and Commentary
__________________________________________________________

Important China Warning Update: What is China's Zhou Xiaochuan going to do now?

Zhou Xiaochuan is the governor of the People’s Bank of China. Like us, he knows that the Chinese stock markets
are in a bubble and he is very worried about a precipitous decline. His power on making such comments, comes
from the fact, that in the past, Chinese investors always took the Government's work as "Gospel".

In the past, all he had to do was "issue a public warning" and investors would listen to him. Now, Chinese investors
are ignoring him. He even tried sending out a wake up call by having 3 major, State run newspapers run headline
stories decreeing his warning on Tuesday. Instead of the market pulling back, it jumped up 3% in one day.

That now leaves him only one option. If they won't listen to what he says, he will have to initiate some kind of
banking/government action that will force Chinese investors to slow down.

The Worse timing in the world?

If Zhou just waits until next week, the Shanghai will hit its Major 12 year resistance and should pull back on its own.

For full article and chart:

http://www.stocktiming.com/Thursday-DailyMarketUpdate.htm

DK
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