Category Archives: Stock market
Despite severe doubts about the trustworthiness of China’s growth figures, they still have a major impacts on stock markets. Economist Heleen Mees dived into the dilemma and explains in Project Syndicate why we should take them serious anyway.
China’s rich are increasingly protecting themselves against the volatility of the stock and real estate markets by cashing out. A new Hurun China rich list documents the billionaires in cash, tells Hurun founder Rupert Hoogewerf to local media.
Poor accounting standards in China make Chinese investors very weary of stocks in any Chinese company, business analyst Shaun Rein discovered in his research. In CNBC he explains why they prefer real estate, even though the government tries to cool down the industry.
Prada is not doing as well as Gucci and Louis Vuitton in branding themselves, and Shaun Rein tells at CNBC why he would buy their suits, but not their shares. China might be skipping import taxes on luxury goods for stimulate sales, so having a decent retail operation in China is crucial.
Long term China bull Shaun Rein warns against buying into listed Chinese companies, since in many cases they offer a receipt for trouble, he argues in CNCN. Not all NASDAQ listed Chinese companies are bad, but investors have to be very cautious.