Chinese stocks ripped higher again this week...
And True Wealth subscribers are making even larger profits. Editor Steve Sjuggerud has been bullish on China since September.
For a good summary of his bullish thesis, you can read this DailyWealth essay. In short, China was cheap and the government was easing to boost the stock market and encouraging individuals to participate.
The
Shanghai Stock Exchange hit a fresh seven-year high earlier this week
on speculation that the Chinese government would begin consolidating its
state-owned enterprises – like oil giants PetroChina and China
Petroleum & Chemical Corp ("Sinopec"), whose shares both rose 10%.
(The Shanghai Stock Exchange limits stocks from rising or falling more
than 10% in a single session.) (more)
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