sharetrader
Results 1 to 5 of 5
  1. #1
    Senior Member
    Join Date
    Nov 2012
    Location
    Auckland
    Posts
    1,347

    Default Did China just pop?

    The chinese market has doubled in the last year, but has dipped the last couple of days. Did the bubble pop?

    https://nz.finance.yahoo.com/q/bc?s=...=on&z=l&q=l&c=
    No advice here. Just banter. DYOR

  2. #2
    Advanced Member robbo24's Avatar
    Join Date
    Nov 2012
    Location
    New Zealand
    Posts
    2,008

    Wink

    Quote Originally Posted by noodles View Post
    The chinese market has doubled in the last year, but has dipped the last couple of days. Did the bubble pop?

    https://nz.finance.yahoo.com/q/bc?s=...=on&z=l&q=l&c=
    With China easing some of its economic instruments and policies, it seems to have reached the point of being a little overbought for the time being.

    Not too sure about "popping" though.

    SMA 10 on the weekly Shanghai Composite Index chart seems to be the make or break for good or bad times, as per this chart

    Maybe time for a test of the old SMA 10?

    Edit: On this weekly chart you also see all the SMAs pointing up and in a bullish arrangement - 10, 30, 50, 100 and 200 all going up. Big golden cross of 100 above 200. Looks quite nice really.
    Last edited by robbo24; 07-05-2015 at 09:02 AM. Reason: Comment about SMAS.
    'I often quote myself. It adds spice to my conversation.' - G B Shaw

  3. #3
    Advanced Member Valuegrowth's Avatar
    Join Date
    Jun 2013
    Posts
    1,960

    Default

    Still there are opportunities in Asian markets provided we identify value markets and value stocks. Despite some economic issues still Chinese stocks could have some demand. Food and beverage stocks should generate some demand. It is time to avoid markets with high equity valuations and go behind markets with lower equity valuations.

  4. #4
    Member
    Join Date
    Jun 2012
    Posts
    245

    Default

    Quote Originally Posted by noodles View Post
    The chinese market has doubled in the last year, but has dipped the last couple of days. Did the bubble pop?

    https://nz.finance.yahoo.com/q/bc?s=...=on&z=l&q=l&c=
    Bubble in China ?
    Don't think so. There a few sector, for example Internet that are overvalued
    CTRP,VIPS, WUBA P/E over 50
    SINA,BAIDU

  5. #5
    Member
    Join Date
    Jun 2012
    Posts
    245

    Default Still undervalued

    Quote Originally Posted by noodles View Post
    The chinese market has doubled in the last year, but has dipped the last couple of days. Did the bubble pop?<br>
    <br>
    <a href="https://nz.finance.yahoo.com/q/bc?s=000300.SS&amp;t=1y&amp;l=on&amp;z=l&amp;q=l&a mp;c=" target="_blank">https://nz.finance.yahoo.com/q/bc?s=000300.SS&amp;t=1y&amp;l=on&amp;z=l&amp;q=l&a mp;c=</a>
    <br><br>Bubble in China ?&nbsp;<br>Don't think so. There a few sector, for example Internet that are overvalued<br>CTRP,VIPS, WUBA &nbsp; P/E over 50<br>SINA,BAIDU<br>
    <br>

    Here is a tool to check for overvalued or undervalued investments in China.
    ou still have companies with a P/E below 5 and they are paying dividends:
    http://finviz.com/screener.ashx?v=11...t=CGA&o=ticker

    A lot of them are victims of short seller attacks. Working hard for regaining reputation.
    On Monday you will see the earnngs of CGA and CXDC. Both have the potential to be fivebaggers.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •