http://comment4.news...id=31-1-3502623
Edited by redfoliage2, 01 June 2007 - 09:59 PM.
Rumor on New Capital Gain Tax in China
Started by
redfoliage2
, Jun 01 2007 09:54 PM
6 replies to this topic
#1
redfoliage2
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Posted 01 June 2007 - 09:54 PM
Chinese government is said to impose capital gain tax on stock trading starting next year. I guess many holders will have to sell before the end of the year to avoid this tax. You could see a 50% correction in the following months.
http://comment4.news...id=31-1-3502623
http://comment4.news...id=31-1-3502623
#2
relax
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Posted 02 June 2007 - 07:35 AM
Sorry but i am tired of china
As long as chinese GDP growth is strong, I think we should let the chinese stock market do its thing
As long as chinese GDP growth is strong, I think we should let the chinese stock market do its thing
Chinese government is said to impose capital gain tax on stock trading starting next year. I guess many holders will have to sell before the end of the year to avoid this tax. You could see a 50% correction in the following months.
http://comment4.news...id=31-1-3502623
#3
arbman
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Posted 02 June 2007 - 08:58 AM
Chinese government is said to impose capital gain tax on stock trading starting next year. I guess many holders will have to sell before the end of the year to avoid this tax. You could see a 50% correction in the following months.
WOW! Chinese AMT...
#4
pdx5
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I want return OF my money more than return ON my money
Posted 02 June 2007 - 10:42 AM
Sorry but i am tired of china
As long as chinese GDP growth is strong, I think we should let the chinese stock market do its thing
Chinese stock market has QUADRUPLED in a couple of years or there abouts?
That translates to 300% gain for those living in Rio Linda.
I don't think the Chinese GDP has grown anywhere near that? I have seen figures
of 10-11% growth per year. That divergence can not go on very long is obvious.
Edited by pdx5, 02 June 2007 - 10:43 AM.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#6
Tor
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Posted 02 June 2007 - 01:02 PM
Sorry but i am tired of china
As long as chinese GDP growth is strong, I think we should let the chinese stock market do its thing
Chinese stock market has QUADRUPLED in a couple of years or there abouts?
That translates to 300% gain for those living in Rio Linda.
I don't think the Chinese GDP has grown anywhere near that? I have seen figures
of 10-11% growth per year. That divergence can not go on very long is obvious.
SAure but the Pe of China is 48. So many dumb comments come out comparing bubbles. As far as I recollect the peak in the NAS was almost 100!!
Arguably Chinas earnings are less cyclical (I accept the will be cyclical however to some extent).
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#7
bullishnot
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Posted 02 June 2007 - 05:14 PM
There will be a nice hit, way overvalued at this time.. fools and pigs buying that market now..
