China paradise for stock speculators

January 19th, 2007

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In our previous article, Speculative fervour in the Chinese stock market and Caution: new high in Shanghai Stock Exchange Composite Index, we cautioned about the risks we perceived in the Chinese stock market.

Today, this article in the mainstream financial media caught our eye. It ended up with:

Bold foreign investors, meanwhile, may stay on for the ride: they have done well enough out of it so far. But sooner or later, those who kid themselves that buying shares in Chinese companies is the same thing as buying into China’s growth story are likely to face a rude awakening.

We couldn?t agree more! See our article How to join in the growth of China?.