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Cracks in China's stock market wall « Bankrate, Inc.

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The stock market in Shanghai has been on a tear in recent months, but it took a hard tumble on Thursday. The Shanghai Composite Index fell 6.5 percent in one day as over-leveraged investors fled the feverish market conditions, the Wall Street Journal reported. The index is up about 134 percent over one year ago.Does the Chinese stock market have […]

As stock market surges, are the good times back for big spenders …

Car trader Paul Law predicts sales at his company could be 10 per cent higher than normal for this time of year. Photo: Nora TamTo some, the fun ride has only just begun.”Sales have been better,” Paul Law Siu-hung, chairman of Olympic Motor Group and a used car dealer, admits cheerfully.He says the recent rally in stocks gave a welcome […]