Comments on: Shanghai 6000 and the Roaring Twenties http://www.dinocrat.com/archives/2007/10/15/shanghai-6000/ Mon, 01 Dec 2008 22:25:17 +0000 http://wordpress.org/?v=2.6.3 By: gs http://www.dinocrat.com/archives/2007/10/15/shanghai-6000/#comment-302043 gs Mon, 22 Oct 2007 15:33:38 +0000 http://www.dinocrat.com/archives/2007/10/15/shanghai-6000/#comment-302043 The index closed at 5667 today, and <a href="http://www.businessweek.com/magazine/content/07_44/b4056059.htm" rel="nofollow">here's</a> a straw in the wind:<blockquote>With China's car market up 24% so far this year, you'd think these would be fat times for auto manufacturers. But many of the mainland's carmakers are hurting. Sales are falling far short of lofty targets they had set for the year, driving prices down by as much as 15% and squeezing margins...</blockquote> The index closed at 5667 today, and here’s a straw in the wind:
With China’s car market up 24% so far this year, you’d think these would be fat times for auto manufacturers. But many of the mainland’s carmakers are hurting. Sales are falling far short of lofty targets they had set for the year, driving prices down by as much as 15% and squeezing margins…

]]> By: Thomas Jackson http://www.dinocrat.com/archives/2007/10/15/shanghai-6000/#comment-302022 Thomas Jackson Tue, 16 Oct 2007 05:32:00 +0000 http://www.dinocrat.com/archives/2007/10/15/shanghai-6000/#comment-302022 I wonder how good are tyhe bona fides of the earnings and profits of these firms as well as the honesty of the balance sheets. I doubt that these firms are what they are supposed to be and people will pay dearly for their mistakes. I worry about the blowback from the billions that have been invested in this Potemkin Village. I wonder how good are tyhe bona fides of the earnings and profits of these firms as well as the honesty of the balance sheets. I doubt that these firms are what they are supposed to be and people will pay dearly for their mistakes. I worry about the blowback from the billions that have been invested in this Potemkin Village.

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