By Julian X. Chen
It is well known that hedge is one of the techs could help firms reduce operation uncertainty and increase profitability. When Chinese firms learn this tech, we should figure out which firms fit and which do not firstly. Hedge, is to exercise some derivatives which lock the firms’ cost or ...
This is the best time, this is the worst time. Everything seems so cheap that we are eager to buy, buy and still buy. However, when we take the future into consideration, we could find that this may not be the opportunity to access a huge position in market. When the ...
Everything seems so cheap that we are eager to buy, buy and still buy. However, when we take the future into consideration, we could find that this may not be the opportunity to access a huge position in market. When the tide fades, we know who is naked. But now, ...
Today Michael told us that the effect of corporation buyback and exchange tax cut has faded, while SSE reached a lower close point than the day before news above announced. I am thinking about the long term effect of these crazy political buyback of corporations supported by borrowing money from ...
Today, 7 countries jointly cut rates: PBOC cuts interest rate 27bps and RRR 50bps Fed cuts 50bp to 1.50% ECB cuts 50bp to 3.75% SNB cuts 50bp to 2.50% (mid point of target) BoE cuts 50bp to 4.50% BoC cuts 50 bp to 2.50% Riksbank cut 50bo to 4.25% It ...
I recently heard someone said that the valuation ratios of Chinese mainland financial market were lower than the lowest point of 2005. We have average PB ratio about 2, and PE ratio about 10X today, which is 20 percent lower than 2005 when the SSE index was at 998 point, the ...
