China - Shanghai Stock Exchange SSE

[Pat]

The Russian Crisis was only a small one as I remember

A Nuclear power station Blew up and contaminated the the Northern Hemisphere

It did not effect us as much Down-under in the Southern Hemisphere as it did in the Northern hemisphere

Why should this effect us ?

We Down-Under revolve around our planet quite "Differently"

Salute and Gods' speed

Ok, I was way off.
I thought we revolved in a similar way, with an Aussie twist.

PS. Keep me guessing. I learn that way..

 

[Kauri]

Has the SSE just traced out a double top and is retreating from it.... maybe the Government over there is getting ready to pour some more cold water on the market??? Interesting to see how it develops and whether it flows westwards...

 

[Uncle Festivus]

Last call for market top, all boarding for Orient express.
Last one out turn the lights off

China's Shanghai Composite jumped 2.1% to a record finish of 5,421.39, even as the People's Bank of China late Friday announced a 0.27-percentage-point increase in interest rates on both deposits and loans, to try to control soaring inflation.
Some analysts, however, said Beijing wasn't tightening its monetary policy enough.

 

[bigdog]

http://www.sse.com.cn/sseportal/en_us/ps/home.shtml#

China's volatile Shanghai Composite Index rose 2.1 percent to a record

2007-09-17- 15:05
Indexes--Prevclos-Last------High ----Low -----Change%
SSE 180 12026.25 12257.47 12272.06 12026.83 1.92
SSE 50 4165.57 4237.92 4244.98 4170.33 1.74
SSE Composite 5312.18 5421.39 5427.17 5307.77 2.06
SSE New Composite 4509.87 4603.98 4608.71 4505.96 2.09
SSE Dividend 4956.27 5099.52 5104.76 4934.71 2.89
SSE A Share 5575.64 5690.23 5696.32 5570.61 2.06
SSE B Share 351.42 358.90 361.41 354.65 2.13
SSE Fund 4348.33 4421.56 4424.72 4346.19 1.68
SSE Government Bond 109.88 109.71 109.91 109.59 -0.15
SSE Corporate Bond 114.76 114.48 114.79 114.16 -0.24

 

[bigdog]

http://www.sse.com.cn/sseportal/en_us/ps/home.shtml#

Very unusual for the SSE to be down today where all other markets were UP!!!

2007-09-19- 15:05
Indexes--Prevclos-Last------High ----Low -----Change%
SSE 180 12222.06 12097.57 12276.53 12002.85 -1.02
SSE 50 4204.70 4161.59 4226.37 4121.72 -1.03
SSE Composite 5425.21 5395.27 5447.36 5336.07 -0.55
SSE New Composite 4607.54 4580.17 4626.26 4530.98 -0.59
SSE Dividend 5042.29 4977.45 5054.98 4878.38 -1.29
SSE A Share 5694.31 5662.53 5717.34 5600.11 -0.56
SSE B Share 358.51 359.63 364.12 358.16 0.31
SSE Fund 4458.63 4402.64 4477.11 4388.16 -1.26
SSE Government Bond 109.83 109.76 109.85 109.73 -0.06
SSE Corporate Bond 114.32 114.44 114.62 114.25 0.10

 

[Uncle Festivus]

It's good to be able to choose which system you want to be part of - this week we are communist

China freezes prices on key products amid inflation scare

Thursday September 20, 2007, 1:57 pm

BEIJING (AFP) - China, facing the spectre of inflation, has frozen the prices of key products subject to government price controls or regulation, the nation's top planner announced.
"In principle, there will be no new price-raising measures this year," said a statement posted on the website of the National Development and Reform Commission.

The vast majority of prices are outside government control in China, but the measure is nevertheless likely to affect important items for which the central government still sets the price, such as water, electricity and oil products.
The statement said that any unauthorized price hikes on such goods or services are strictly forbidden.
China's inflation has been rising to levels that are increasingly worrisome to government leaders.
The consumer price index rose 6.5 percent year-on-year in August, the highest monthly rate in a decade.

 

[rostov]

http://www.sse.com.cn/sseportal/en_us/ps/home.shtml#

Very unusual for the SSE to be down today where all other markets were UP!!!

As unusual as a Cat-3 hitting Shanghai during this time (yesterday)? Schools and some businesses were closed, and evacs, etc.

 

[bigdog]

http://www.sse.com.cn/sseportal/en_us/ps/home.shtml#

SSE continues to chargeahead with ever increasing %

Prevclos_ Sep28_ Apr19__ Feb26
SSE_180 12416.0 7057.64 5629.34
SSE_50_ 2452.55 2030.36 2452.55
SSE.Com 3449.02 2771.79 3449.02

2007-09-28- 15:05
Indexes--Prevclos-Last------High ----Low -----Change%
SSE 180 12081.21 12416.01 12437.98 12195.86 2.77%
SSE 50 4189.12 4307.42 4315.35 4229.60 2.82%
SSE Composite 5409.40 5552.30 5560.42 5461.58 2.64%
SSE New Composite 4592.40 4714.09 4721.08 4636.93 2.65%
SSE Dividend 4770.37 4879.81 4893.99 4802.88 2.29%
SSE A Share 5677.21 5827.66 5836.24 5732.36 2.65%
SSE B Share 362.12 367.35 367.46 362.09 1.44
SSE Fund 4267.07 4428.51 4428.82 4312.38 3.78%
SSE Government Bond 109.61 109.88 109.96 109.62 0.25%
SSE Corporate Bond 114.00 114.49 114.50 113.86 0.43%

 

[Uncle Festivus]

Mmmmm.....

 

[wavepicker]

Mmmmm.....

Hey UF,

Thanks for posting those charts, very interesting

 

[Uncle Festivus]

Hey UF,

Thanks for posting those charts, very interesting

NP WP,
Do you have an opinion from EW perspective - a casual observation says something building here, or the advance is loosing steam? Is it Chinas' turn for centre stage again?
UF

 

[Uncle Festivus]

Update - monthly chart - rolling over on exhausted volume? Down nearly 5% today.

 

[wavepicker]

NP WP,
Do you have an opinion from EW perspective - a casual observation says something building here, or the advance is loosing steam? Is it Chinas' turn for centre stage again?
UF

A bit difficult to determine from the data supplied aside from the fact that this is truly the blow of all blowoffs!!

What really stands out is the declining volume in the current advance since the last correction. Not saying this last advance is a 5th wave, but quite often fifth waves might occur on declining volume.

All the at one can conclude is that at some stage "Gravity Will Not Be Defied"

 

[Uncle Festivus]

Trouble in paradise?

To see why a crash may be coming, it is worth examining the behavior of the China Investment Corporation, the $200 billion sovereign wealth fund set up by the Chinese government in September. Now $200 billion is a fair chunk of cash; you could almost buy all but three US corporations with that (at today’s prices, ExxonMobil, General Electric, Microsoft – there are 4-5 others including Google that barely top the bar.) Six weeks ago, the power of sovereign wealth funds was celebrated and China Investment’s moves into the market were awaited with bated breath.

Well, so much for that. A third of China Investment’s portfolio is to be invested in Central Huijin Investment Company, a purchaser of bad loans from the Chinese banks, and another third will recapitalize China Agricultural Bank and China Development Bank, to shape them up for privatization. $3 billion of the fund was invested in the private equity manager Blackstone in May – that may have bought China useful political contacts, but it is now worth $2 billion. And the remainder is being invested very carefully, primarily in US Treasury securities – which are also losing money steadily in yuan terms.

The lackluster investment strategy of China Investment exposes a central flaw in the Chinese economy, its lack of a rational system of capital allocation...........

http://www.prudentbear.com/index.php?option=com_content&view=category&layout=blog&id=33&Itemid=61

 

[bigdog]

http://www.sse.com.cn/sseportal/en_us/ps/home.shtml#

Dow 12,329.92 +122.75 +1.01% looking OK with two hours to go Monday Jan 28 @2:16 PM
-- will help ASX today we all hope!!!!

Europe close Monday Jan 28
FTSE 100 5,788.90 -80.10 -1.36%
DAX 6,818.85 +2.11 +0.03%
CAC 40 4,848.30 -29.82 -0.61%

Large falls in China Monday Jan 28!

2008-01-28- 15:05
Indexes--Prevclos-Last------High ----Low -----Change%
SSE 180 11278.31 10497.91 11177.78 10459.75 -6.92
SSE 50 3875.58 3597.26 3830.97 3589.80 -7.18
SSE Composite 4761.69 4419.29 4720.56 4409.08 -7.19
SSE New Composite 4045.58 3752.91 4010.11 3744.45 -7.23
SSE Dividend 4343.14 3992.87 4300.32 3991.27 -8.06
180 Financial 5869.09 5440.36 5780.66 5428.84 -7.30
Governance index 1374.20 1281.54 1362.94 1275.56 -6.74
SSE A Share 4997.67 4637.81 4954.41 4627.19 -7.20
SSE B Share 321.11 304.85 319.70 301.94 -5.06
SSE Fund 4923.12 4664.17 4905.85 4663.09 -5.26
SSE Government Bond 111.53 111.60 111.60 111.53 0.06
SSE Corporate Bond 113.11 113.06 113.16 113.01 -0.04

 

[MrJohn]

Can someone please help me to know the easiest way to buy Chinese shares ?

I'm interested in some of the Chinese companies, but am unsure how to purchase shares in them.

thanks
John

 

[wildkactus]

mr john.
the easy way to buy chinese stocks is through some of the ETF's that are on offer.
the other way is to buy the shares that are dual listed on other stock exchanges in london, Hong Kong, US etc.

look at this website for more info: www.chinastockreports.com

 

[DarrelJones]

John, its is indeed tough to find information on companies, or even entire industries for that matter. The documents exist, but they are almost always in chinese. www.chinastockadvice.com also has some good english articles on the big names in the SSE.

 

[bigdog]

Note the large drop since January 2008

2008-09-09- 15:03 rdfresh
Indexes Prev. Closing Last High Low Change%
SSE 180 4863.54 4894.88 4920.82 4831.01 0.64
SSE 50 1770.37 1780.73 1790.18 1758.55 0.58
SSE Composite 2143.42 2145.78 2161.35 2114.50 0.11
SSE New Composite 1821.62 1823.49 1836.84 1796.95 0.10
SSE Dividend 1725.80 1747.99 1762.21 1714.55 1.29
180 Financial 2945.87 2959.38 2974.92 2921.15 0.46
Governance index 601.49 605.06 608.32 597.72 0.59
180 Governance 0.00 0.00 0.00 0.00 0
SSE Medium Composite 415.04 417.23 419.67 411.12 0.53
SSE A Share 2249.82 2252.20 2268.64 2219.35 0.11
SSE B Share 141.17 142.69 143.09 140.70 1.07
SSE Fund 2816.55 2829.59 2838.89 2799.50 0.46
SSE Government Bond 114.35 114.48 114.48 114.24 0.12
SSE Corporate Bond 120.07 120.33 120.60 120.02 0.21

2008-01-28- 15:05
Indexes--Prevclos-Last------High ----Low -----Change%
SSE 180 11278.31 10497.91 11177.78 10459.75 -6.92
SSE 50 3875.58 3597.26 3830.97 3589.80 -7.18
SSE Composite 4761.69 4419.29 4720.56 4409.08 -7.19
SSE New Composite 4045.58 3752.91 4010.11 3744.45 -7.23
SSE Dividend 4343.14 3992.87 4300.32 3991.27 -8.06
180 Financial 5869.09 5440.36 5780.66 5428.84 -7.30
Governance index 1374.20 1281.54 1362.94 1275.56 -6.74
SSE A Share 4997.67 4637.81 4954.41 4627.19 -7.20
SSE B Share 321.11 304.85 319.70 301.94 -5.06
SSE Fund 4923.12 4664.17 4905.85 4663.09 -5.26
SSE Government Bond 111.53 111.60 111.60 111.53 0.06
SSE Corporate Bond 113.11 113.06 113.16 113.01 -0.04

 

[motorway]

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