Anda belum login :: 18 Apr 2025 03:53 WIB
Home
|
Logon
Hidden
»
Administration
»
Collection Detail
Detail
Playing the China Boom
Oleh:
Powell, Bill
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Fortune vol. 160 no. 11 (Dec. 2009)
,
page 57.
Topik:
China
;
Stocks
;
Investments
;
Market
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
FF16.42
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
It happens every weekday: A group of ladies gathers at the cavernous, badly lit stock-brokerage office on Shanghai's Xiangyang Lu in what was once, when China was colonized by European powers last century, known as the French Concession. There are usually at least four, and sometimes as many as eight. Retirees all, they come with tea and nuts and candies to snack on. They plop down at a table in the main hall and watch the electronic stock ticker board above them track the day's activity. They trade gossip, peruse a few business papers, and discuss investment ideas. These stock-crazed seniors capture the mania -- the obsession, some would say -- that is the investment game in China. Even though the ladies are all over 60 and are playing with relatively small sums of money, they are really traders, not investors. They buy and sell frequently, often on the flimsiest of rumors. "Everyone knows," whispered Hong Feng, a former schoolteacher, conspiratorially to a friend in early November, "that the government wanted the stock market to go up this year. But now they think it might be getting too hot. It might be time to sell."
Opini Anda
Klik untuk menuliskan opini Anda tentang koleksi ini!
Kembali
Process time: 0 second(s)