Well needless to say, after the world bank's comment last night, it's all red across Asia today. Even with their upgrade on China's growth this year from 7.1% to 7.7%, it still doesn't meet that 8% target growth. Hence, A-shares are all in the red today as well.
Doesn't look that good today for H-shares, HSI futures are out in pre-trades, down over 500 points. Let's see how the day trades out.
GOME (0493.HK) that I briefly mentioned about yesterday finally opened up for trading again after seven months of suspension. From it's closing price of HK$1.12 its jumped up +90% to HK$2.13.
Tuesday, June 23, 2009
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