Fri, Dec 26, 2014, 8:01 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Xinyuan Real Estate Co., Ltd. Message Board

  • rvga128 rvga128 Jul 31, 2014 10:59 AM Flag

    From Barron's:

    The Shanghai Composite Stock Market Index gained in 7 of the last 8 trading sessions, up about 7%. Why is the chronically anemic stock market suddenly on a tear?

    Of course the concern over China’s hard landing is easing. China reported its GDP grew at 7.5% in the second quarter and manufacturing in July is at 18-month high.

    But more importantly, starting October, mainland investors will be allowed to trade stocks in Hong Kong and vice versa, which means the discount gap between Shanghai and Hong Kong (Shanghai’s valuations are lower) will inevitably close, giving Shanghai shares a boost. Capital Economics provided the following chart showing Shanghai is trading at the largest discount to Hong Kong since 2006

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
XIN
2.46+0.1150(+4.90%)Dec 26 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.