They are even talking about zero corporate tax to boost companies local investments and creates more jobs. Today reports that Chinese investors are heavily investing in US as well as other countries in the world. Looks like China itself has great population but lack of corporate friendly environment.

The Chinese govt actually has pretty good corporate business environment and their tax rate is reasonable - that's why they're able to attract a lot of business. They only issue is they tend to favor their own rather than be open and fair to multinationals when it comes to certain services, - pretty much monopolistic and protective (just like Malaysia) and IP protection is very lacking.

As for Chinese investors, most of them don't want to invest in their stock markets (like the Shanghai Stk Exchange) because they themselves don't trust it (irregular accounting scandals). A lot of the midsize to big Chinese companies choose to be listed in Nasdaq and NYSE instead. They got tons of USD and no where else to go but USA to spend it.

This post has been edited by danmooncake: May 23 2013, 10:06 AM

Well Said, 80% - 90% of company listed in SSE have really low quality accounting presentation and most of it cannot be trusted. The one that probably have a little bit standard are those can list in HKSE & NYSE.

Poor manufacturing conditions due to higher wages cost and interest rates, causing many businessman, retail investor fled their money to US.

China no need print money already got so much money.

Actually the amount of Chinese central bank have printed is more than USA fed.

This post has been edited by foofoosasa: May 23 2013, 11:54 AM

Nikkei big skyfall ( > 7% ), HK, Shanghai, Taiwan and the rest indices followed the red downward.

Dun think DJIA, Nasdaq + S&P500 will continue rally/ soar / surge coming SUMMER holiday.
Have a break.. Will see you again in Oct/Nov when VIX (Fear Gauge) spike > 30pts,
If investors = pessimistic, hopeless, ominous, gloomy, dejected and sorrowful in stocks, hence it is
time to enter to the market.

This post has been edited by netmask8: May 23 2013, 04:07 PM

wow abt 1% drop in most US indexes....

but why silver no rally as much as the gold leh...? perhaps silver is more on industrial use rather than fear shelter.

This post has been edited by countdown: May 23 2013, 06:16 PM

All right guys, here comes another prelude to the correction. Bernanke spooks everyone with the one 'taper', meaning
they "may" - start to reduce debt buying if the economy starts to improve. We saw Dow reached all time high (15542) .. then lost 300 pts from the highs, though it looks as it only lost 0.5%. Nikkei lost 7% by just looking at the mirror.

When market opens, time to make some money!!

go SLV..go SLV...u r lagging...

Bulls fighting back with the gap down.. come mon push to fill this gap, then I'll exit.

wow, bull really fights back....
just realize FB is 550x PE!

Woo hoo! Ka ching.. Dow filled that gap and went Green. My exit.. DIA 153.

Now, let's go back down..for another ride.

you think it will come back down?

I hope so .. DIA needs to come back down to 150 or 148 for more meaningful pull back.

Here's another opportunity: Japan Nikkei (or the EWJ)!
Big gap down in play. Last time it gaps down was in April, then it fills and go.

This post has been edited by danmooncake: May 24 2013, 06:16 AM

Premarket futures lowered, nice!

Need another small gap down here for the dive and rise and I can grab another batch for cashing out this long weekend (Monday holiday).

Tesla, the next Google.

See my post last week, TSLA is pretty volatile and actually feels like NFLX than GOOG.
Got lots of shorts, currently being squeezed out. For every dips, they're covering.

Good money printing machines for longs but do be careful with here at 97 level.

Scalped another 2 pts for DIA, out for the long weekend. Market still holding here.
No signs of correction yet. Bulls and bears will be out till next Tuesday.



This post has been edited by danmooncake: May 25 2013, 08:51 AM

*deleted*

This post has been edited by countdown: May 25 2013, 01:01 PM

Memorial Day = USA Market Closed.

Nikkei skyfall again. Market in USA expects volatile in 2nd half as Nation Debt ceiling may hit limit in Sept. and its credit rating may downgrade again from AA+ to AA- in Oct. Money Printing may reduce/end in 2nd Qtr 2014.
DJIA,S&P500,Nasdaq,Nikkei,Jakarta and Manila so far up 16,15,14,40,19 and 25% respectively. Get some cash ready NOW for big ang pow 2014. Be Optimism + Patience hope to see VIX > 30pts and above again.

This post has been edited by netmask8: May 27 2013, 03:20 PM

tsk tsk....the bull never stop....