According to this China daily article, about half of stocks on the Shanghai exchange are down 30% in the last month, although the index itself is up 85% this year alone:

Almost half of the yuan-denominated A-shares in the Shanghai and Shenzhen stock exchanges fell more than 30 percent in the past month, a news report said Thursday. Forty-five percent of the total, or 653 stocks dropped more than 30 percent; 901 stocks, or 62 percent, were down more than 20 percent; and 53 declined more than 50 percent.

Dow Jones Shanghai Index – 85% up

It’s interesting, because there are some stocks, like Shandong Gold Mining Co., Ltd, which are up 153% for the year. It’s incredible:

Shandong Gold Mining Co – 153% up

These incredible gains are balanced by companies like Actions Semiconductor Company, which is down 29% this year:

Actions Semiconductor Co. – down 29%

I don’t understand the China markets, or any markets for that matter, but the amount of enthusiasm and turmoil is fascinating to watch. China is this decade’s big market boom. It will also herald the next largest, global crash we’ve ever seen. Expect China to be the herald of global change!

One Response to “China Stocks & Volatility”

1. frederick oddi says:

   7/9/2007 at 1:02 am

   Before the great depression ,the stock market was very bullish rising fast, profits were very great. Investors were rushing to get in on the action, borrowing money to invest in the biggest bull market. Margin investment was over done . Does any of this sound familiar ?

   Reply