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Shanghai composite

‘A conscientious job’ in Chinese markets

1. Create a favorable public opinion climate for the two holidays [including Spring Festival] and “two meetings” (NPC and CPPCC). Do a conscientious job of channeling [public opinion] on such hot topics as income distribution, More…

Another shock from Shanghai

Another day and another miserable session for the Chinese stock market, which fell 1.3 per cent overnight to a seven week low.
 
According to brokers it was this chart which spooked everyone:

(H/T Knight Capital Europe.)

That’s a shot from the money market and shows the seven-day repo rate. More…

Western plotters err, might upgrade China

The western rating agencies are politicised and highly ideological and they do not adhere to objective standards
– Guan Jianzhong, chairman, Dagong Global Credit 
Politicised, highly ideological western rating agency Moody’s placed the People’s Republic of China’s A1 rating on review for upgrade on Friday. More…

The China property splurge, up close and personal

Shimao is the Chinese property developer controlled by the country’s enigmatic billionaire, Xu Rongmao.

Readers in the UK might be familiar with Rongmao, since he was linked back in September 2008 to the possible purchase of Mike Ashley’s stake in Newcastle United Football Club. More…

Shanghai turndown

The Asian sell-off is one of the dominating market stories on Monday. In particular, attention is focusing on the spill-over from China’s recent equity slide and into more open markets like Hong Kong.

The chart below, More…