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,
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.
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,
