Heilongjiang: The streets are paved with gold, June 13: According to Paul Atherley, managing director of gold mining company Leyshon Resources, Heilongjiang province in northeastern China has so far produced 20 million ounces of gold – and most of that has been picked up off the ground. Atherley was speaking at a conference in Hong […]
Category: This Week in China
What we’ve been reading recently: Shanghai Daily: Rogers says not to give up on Chinese shares – Jim Rogers sasy "There is "much money to be made" from investments in Chinese stocks, he said." | JimRogers china shares AP: Is everything spinning out of control? – Overwhelming pessimism from the AP | US history housing […]
What we’ve been reading recently: Shanghai Daily: Bank accounts hit record 2.2 billion – "[Per capita bank accounts] stood at 7.03 in Beijing, 6.02 in Shenzhen, 5.71 in Shanghai and 3.45 in Tianjin." | banking china shares Shanghai Daily: Shares fall from favor with investors: PBOC – "About 16.8 percent of 19,600 respondents surveyed said […]
Even Capitalist Roaders need a break – we’ve decided against any action this week. Although Anhui Conch (600585.SH) has fallen 29% since we bought it on June 3, we’re not planning to unload it just yet. Both it and ICBC (601398.SH), currently down 1.6% from since June 18, were meant as longer-term buys. And although […]
What we’ve been reading recently: AsianInvestor.net: Goldman Sachs goes alternative on research – "If these services are so great, why use Goldman?s own research? Conigliaro: These tools and research content available on Hudson Street Services are separate from but complementary to Goldman Sachs’ fundamental research product." | asia goldman macroeconomics Economic Observer: Vietnam’s Economic Malaise […]
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