Wish everyone
Merry Christmas and Happy new year.
According to Hong Kong news, Andy Xie said Asia market would still do well in 2008. It is possible for HK market to fall up to 20% in coming few weeks and Asia market might start to rebound from Mar onwards. The consensus from analyst is Asia stock would rise in the coming year.
During the holiday season, market activity should be minimum and expect low volatility. On the first trading day of the new year, I would expect general market to go up baring unforeseen bad news.
Today, I read The Edge article on the Jim Roger's new book "A Bull In China: Investing Profitably in the World's Greatest Market". Just as he is a commodity bull, he is also bullish on the future of China in 21st century. >>Source
Me too, since I started investing. I own China unit trust and stock listed on SGX. It is a long term play, but please be mindful of the risk involved. A good way to diversify is just simply buying a China unit trust!
Tuesday, 25 December 2007
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