A lot more visitors today searching for information about the plummeting Shanghai Stock Market. Unfortunately for them they all ended up on my old post about the now long gone Xiang Yang Market.
Are there parallels between the two of them? The Xiang Yang full of fake products and the Stock market full of cheap profit.
I’m not an investor so I know less about that but I do have the feeling that the stock markets were overheating as everyone and their granny seems to be buying stock.
It’s a bit like the real estate market in Shanghai where the average buyer hopes to make a quick buck. As it is, many will get disappointed if there is no short term gain. Live and learn, there is no such thing as easy money. Long term there will likely be profit.
For better insightful comments about the Shanghai Stock market and it’s latest state read more here or do a Google news search
[…] The stock market in Shanghai is still on the up, despite government iniatives, more tax etc, to slow it down. When I read papers, blogs an other sources a couple of things stand out. […]
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