2. China
Over the past few months, shares of Chinese companies have held up remarkably well. This time around, the China boom is going to look a lot different. The last decade has been led by China building infrastructure and working aggressively to become the manufacturer to the world.
The next boom in China will come from the maturing of the economy as it slowly starts to move away from the highly cyclical manufacturing industries and into less-cyclical service industries.
If China is where the U.S. was at 100 years ago, then there are many great years ahead. If the U.S. were where the U.K. was at 100 years ago, I’d definitely continue to look outside the U.S. for long-term opportunities.
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Last
$16.67 |
Change
0.365(2.24%) |
Mkt cap ! $50.95B |
Open | High | Low | Value | Volume |
$16.50 | $16.68 | $16.31 | $109.9M | 6.668M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 17543 | $16.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.67 | 6084 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 16294 | 16.610 |
15 | 13546 | 16.600 |
12 | 16389 | 16.590 |
10 | 13502 | 16.580 |
15 | 27447 | 16.570 |
Price($) | Vol. | No. |
---|---|---|
16.620 | 31672 | 26 |
16.630 | 12602 | 21 |
16.640 | 23543 | 23 |
16.650 | 12222 | 14 |
16.660 | 17764 | 15 |
Last trade - 15.48pm 12/09/2024 (20 minute delay) ? |
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FMG (ASX) Chart |