Friday, November 2, 2007

Chinese stocks go a bit too 'shady'.


The recent bull run, which by the way is far from over, has made the Indian stock market the cynosure of nearly every investment firm with an eye to increasing its profits. As a result the FII's are dumping their money into the Indian markets in huge volumes. Although the Chinese stock markets have done well, and have even tripled their business, so as to speak, they are still a long way off from regulations and tighter rules.
India besides Hong Kong is the only second Asian Nation where the stock indices have crossed this 20 K mark. The Indian bourses are much more attractive because they show a steady growth and are more tightly regulated instead of the free for all kind of attitude in the Chinese markets. What is more, the sharp incline in the Chinese markets has already triggered a sort of an alarm that the market is overheating rapidly and is 'ripe' for some tampering. Who knows, we may even have a 'George soros' incident in the Chinese markets in the very near future!

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