3 replies to this topic

[hedgehawk]

EQUITY INDEXES VALUE CHANGE % CHANGE Topix 1,707.70 -23.01 -1.33 Hang Seng 20,386.97 -390.12 -1.88 Singapore Straits Times 3,335.25 -65.16 -1.92 S&P/ASX 6,169.00 -67.90 -1.09

[hedgehawk]

China has postponed the announcement of its first-quarter gross domestic product until 3 p.m. in Beijing today from 10 a.m., according to the State Council. That may indicate it is preparing to report faster-than-expected growth, economists said.

http://www.bloomberg...6...&refer=home


Watch the SSEC index roll over again it is in the stratosphere...................

[securelstmile]

The divergence of the ssec from the U.S. traded chinese stocks I follow has been bothersome for some time. The ssec does not allow short or foreign interests. It is full of Chinese day traders. Sometimes I think they are just experiementing with this whole capitalism thing.

[redfoliage2]

EQUITY INDEXES
VALUE CHANGE % CHANGE
Topix 1,707.70 -23.01 -1.33
Hang Seng 20,386.97 -390.12 -1.88
Singapore Straits Times 3,335.25 -65.16 -1.92
S&P/ASX 6,169.00 -67.90 -1.09

At the end of the day, China ShangHai index dropped 4.52%, a mini crash. I think yen carry traders are taking their profits.