China's markets surge on red-chip capital: money leaving Hong Kong bolsters class B shares in Shanghai, Shenzhen

Article Abstract:

China's class-B share prices increased on Aug 14, 1997 due to the influx of capital from Class-H and red-chip sectors. Hong Kong investors are pouring in money into the Class-B shares despite relatively high prices the following day. Aug 14, 1997 saw Class-B shares increase 7.23 points to 80.50 or 1%. Speculation was at its highest and was blamed for the rise in stock prices.

Securities & Commodities Exchanges, Government business enterprises, Public enterprises

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New exchange promises to lift China's high-tech firms

Article Abstract:

The new small stock exchange in Hong Kong, Growth Enterprise Market (GEM) is attracting foreign investors interested in China's high-technology business. The share prices of the companies listed on Growth Enterprise Market have risen, with more companies coming on board and capitalization at $825 million.

United States, Taiwan, Software Publishers, Market information - general, All Other Basic Organic Chemical Manufacturing, Hong Kong, Agricultural Chemicals, Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing, Securities prices, Educational Software Pkgs (Micro), Other Electronic Component Manufacturing, Electronic Components NEC, Pharmaceutical Auxiliaries, Computer software industry, Software industry, Pharmaceutical industry, Drugs, Educational software, Electronic components, Statistics, Electronic components industry, Agricultural chemicals industry, Instructional materials industry, Growth Enterprise Market, Timeless Software, Yuxing InfoTech Holdings, Pine Technology Ltd., Asian Information Resource, Qianlong Technology International, SIIC Medical Science and Technology Group

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China stocks: back to earth

Article Abstract:

China's stock markets have tumbled, but analysts believe that bursting the market bubble now could prevent worse collapse later and that investors may be more discerning in their future stock choices. Lack of immediate government regulation after the stock slide is also a good sign for China.

Securities Exchanges, Economic aspects, Stock-exchange, Stock exchanges, Securities industry

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