« The Shanghai Stock Exchange Seeks MNCs | Main | Is China's Economy 40% Smaller than Estimated? »

November 21, 2007

China - The First BRIC to Fall?

Forbes reports:

The likely bursting of the Chinese stock market bubble will probably depress consumer confidence and spending as well as business investment. And the fall could be great since Shanghai shares now sell at about 55 times earnings after tripling in price in the last year, compared with 18 times for the S&P 500.

Chinese households have around 22% of their financial assets in stocks compared with 8.6% in 2005 at the end of the last bear market. Some of the hottest stocks in China and here include CTrip (nasdaq: CTRP - news - people ), Baidu (nasdaq: BIDU - news - people ), China Mobile (nyse: CHL - news - people ) and CNOOC (nyse: CEO - news - people ). So the negative effects could be much greater this time.

To read more:

http://www.forbes.com/finance/2007/11/20/bric-baiidu-ctrip-pf-ii-in_gs_1120soapbox_inl.html?feed=rss_finance

Posted at 10:00 AM |

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c494953ef00e54f8a59e78833

Listed below are links to weblogs that reference China - The First BRIC to Fall? :

Comments

Verify your Comment

Previewing your Comment

Posted by:  | 

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Brian's Photo

  • IMG_050

Looking for a business writer or editor?

  • Recommendation from Long Circle
    “I have hired Brian to create our newsletter and have been doing so for years. Brian has always impressed me with his writting skills: concise. And he has never once failed to meet a deadline; always early, never late. From a writer, I cannot ask for more than this. I would be glad to recommend Brian to any person who needs a qualified writer, especially someone with insight into China.” February 4, 2009 Hayden Hong, CEO of Long Circle, an IT outsourcing firm in Shanghai.
  • Recommendation from the Shanghai Business Review
    “We have used Brian on a regular basis for a number of years at Shanghai Business Review as a freelance writer. In that time he has impressed us by his professionalism, reliablility and the quality of his work across a broad range of business topics. I am very happy to recommend him.” January 3, 2009 Geoff de Freitas, Owner of the Shanghai Business Review
  • Past Recommendations for Brian Schwarz
    "Brian was consistently one of the best business teachers in the entire China-wide school organization during the 2 years he worked for the Delter International Business Institute. His work ethic was second to none and he was always a teacher I could always count on to accept new or additional assignments. His classes were among the best in our organization and it was his thorough preparation and professional approach that ensured this reputation.” Peter Johnston, former Executive Director of Education at the Delter International Business Institute in Beijing who hired Brian in 2000 “Always a conscientious worker that worked hard to teach his students and make sure that they learned their material.” Jeff Cheap, MBA Lecturer, Delter International Business Institute worked with Brian
  • Learn More about Brian Schwarz
    Use Linkedin to get connected!
  • Contact Brian Schwarz in Shanghai
    I'm a native English speaker with over four years of business-related writing and editing experience. My work has been published in numerous publications such as the Shanghai Business Review, China International Business, AmCham's Insight, and Sinomedia's Eurobiz. I have also helped many companies in China redesign their English websites and promotional materials. Send email to brianschwarz@yahoo.com

Jiaotong MBA

  • Earn an MBA in English in Shanghai
    Are you looking to improve your business skills in 2009? Study at Shanghai's famous Jiao Tong Unversity and take MBA courses from qualified foreign experts. Contact: Marketing Department Shanghai Jiao Tong University ICEC Center Tel: 021-50813383, 64481768 Website: www.educationshanghai.com Address: 2088 Kai Xuan Rd (next to the Petrol station), Metro line 3 & 4, Hong Qiao station, exit #2 凯旋路2088号(在加油站旁)，地铁3号线，4号线，虹桥路站，2号出口

December 2009

Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    

TradeKey.com

IT Outsourcing in Shanghai

  • Long Circle
    Long Circle is a provider of outsourced engineering services to companies whose products and services rely on embedded software and hardware technologies.

Industry Intelligence

  • Shanghai Business Review
    Shanghai Business Review is a monthly English-language magazine that provides business information and market intelligence to senior executives at Foreign Invested Enterprises in Shanghai and for those looking to enter into the Shanghai market.

China Success Stories Articles

Seeking Alpha Articles

E-China Cities Articles

China International Business

China News Wrap

Training in China

Recent Posts


Recently on this blog

Recently on other blogs

Your email address:


Powered by FeedBlitz

American Thinker Articles

Asia Times Online Articles

Shanghai Insight Articles

Favorite News Sites

Recent Comments

Categories

About

Subscribe to this blog's feed
Add me to your TypePad People list

Archives

More...