The Chinese stock market is no concern.
It was stuck in the 2000 to 2200 range forever.
The suddenly it increases to 5000 points in a little over a year.
Now it's back to where it was 3 months ago. Just 3 months of ridiculous growth gone.
It's not real with PE ratios around 40 or 50 for companies that statutory reporting would be torn apart in the west.
The average Chinese is not a professional investor.
The government said shares were good and they bought shares.
That's why the government had to step in.
There is only one thing that over rides all others in China and that is social stability.
They have more secret police watching the people than all the armed forces combined.
- Forums
- ASX - By Stock
- PLS
- calm before the storm
calm before the storm, page-40
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.88 |
Change
-0.040(1.37%) |
Mkt cap ! $8.673B |
Open | High | Low | Value | Volume |
$2.93 | $2.96 | $2.88 | $50.87M | 17.45M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 127610 | $2.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.90 | 103550 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 45872 | 2.880 |
10 | 105038 | 2.870 |
10 | 98093 | 2.860 |
40 | 230616 | 2.850 |
9 | 49778 | 2.840 |
Price($) | Vol. | No. |
---|---|---|
2.900 | 51000 | 5 |
2.910 | 8100 | 2 |
2.920 | 20622 | 4 |
2.930 | 165625 | 11 |
2.940 | 130765 | 9 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |