Not from China myself, but of Asian origin, just a bit of an insight about China that I've got. Yes the China stock mkt is having a big drop, and those property prices in China are overvalued and many seems empty.
BUT, if you don't know the China mkt, only 10% of the population are playing the stock mkt, the other 90% of the population are holding cash savings, its in the culture to save and go for certainty. I'm sure as bargain appears itself, people will start spending in China and that's a major force to boost consumption level.
As for the property bubbles, its been always there for decades and it will always be expensive. They will just leave it empty and as long as they don't sell, transaction will not occur and property price doesn't show a fall on record.
Refocusing back to A2M business, end of the day in basic economics terms, Demand & Supply.
You've now got Local Demands > Local Supplies; & you've got International Demands > International Supplies. And all these noises about China is only because of its population, don't forget there are still a lot of other countries importing A2M products, it's a big market for all companies like A2M, so I don't really cared about the short-term noises. Wait till the profit announcement and I am super positive about that.
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Last
$6.68 |
Change
-0.020(0.30%) |
Mkt cap ! $4.829B |
Open | High | Low | Value | Volume |
$6.70 | $6.71 | $6.61 | $6.477M | 971.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 12782 | $6.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.69 | 15324 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3790 | 6.600 |
1 | 600 | 6.580 |
2 | 3200 | 6.550 |
1 | 310 | 6.540 |
1 | 5000 | 6.510 |
Price($) | Vol. | No. |
---|---|---|
6.690 | 10324 | 3 |
6.700 | 10000 | 1 |
6.710 | 41811 | 3 |
6.740 | 20000 | 1 |
6.750 | 13300 | 3 |
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