This week, China stocks helped lift Hong Kong to year-high closings before slipping a bit on Friday. The blue chip Hang Seng Index, heavily laden with big Chinese companies, flirted with 22,000, closing at the year-high 21,999 on Thursday. The index of Chinese companies also hit a year-high close Thursday, 12,860. To continue reading this post and to read other entires of Gene Linn’s blog, click here.
About Gene Linn:
After studying Chinese language in the Army, Gene Linn earned his Bachelor’s Degree in journalism and a Master’s in East Asian Studies, focusing on Chinese language and politics. He worked for 14 years as a freelance business reporter in Hong Kong. One of his jobs was to write daily Hong Kong stock market reports for UPI for four years. He started writing a column on China-related stocks for EQUITIES Magazine in 2004. He also writes a blog on China-related stocks designed to help the average investor understand this exciting but confounding market.
About EQUITIES Magazine:
Since 1951, EQUITIES has served both retail and institutional investors by examining industry trends, analyzing strategies and opportunities, and profiling financial leaders and emerging public companies. Its global audience increased dramatically after the launch of its European and digital versions, as well as its website, which provides free real-time market quotes and a free customizable, real-time portfolio-management interface. EQUITIES is also one of a select group of publications available on the Apple iPhone.
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