Wednesday, November 24, 2010

Andy Xie, Asian stock markets rise sharply next year will

 Xie Sohu blog
2007 as the Asian stock market roller coaster, it is prepared to stimulate a sense, however, the majority of stocks have shown substantial increase in momentum. At present, analysts have predicted that, despite the serious financial crisis the U.S. is still exists, however, Asian markets in 2008 will rise sharply.
former Morgan Stanley economist Andy Xie in Shanghai's stock market expert, said: However, several months early next year, the Asian stock market may face sharp decline in the situation. stock rose as high as 85% and 40%, and the two countries are also driving the stock market's upward trend in other Asian markets.
a substantial number of Chinese stock market go up the situation, at the same time, foreign investors also continue to invest in Indian stocks . However, the Japanese stock market in 2007 does not appear to increase the contrary, their downward trend. the U.S. economic slump caused by the global credit crisis, the Nikkei 225 index fell 12%. In this regard, Japan Hideo Shiozumi Capital Management Chief Executive Officer Shiozumi said: has also been hovering in the low tide. In addition, China has taken steps to try to control the excessive growth of the economy and the stock market, for example, repeatedly raised bank lending rates, a move to a certain extent affected the stock market.
this year, Hong Kong Hang Seng Index has risen as much as 35%, but Xie said that in the coming weeks, the Hang Seng Index may fall by 20% to around 22,000. but it also predicted that the three Asian stock markets started to recover from a rebound next year.
in other major markets in Asia, the Korean stock market has risen since early 2007 28%; Singapore stock market has risen 11% this year; Australia also rose 10%; but little change in China Taiwan stock market. In addition, the Asian region good progress in other small markets, since 2007, Indonesia's stock market has risen as much as 46%, Malaysia's stock market rose 26%, while the stock market in Thailand and the Philippines also rose 17%, only the New Zealand stock market fell 2%.
Sydney, according to Moody International Group analyst Matthew economic website. Robinson said: period, the Asian stock market was frustrated, but overall, continued to show a rising trend.
Some economists also believe that the huge foreign exchange reserves of the Asian region and based on spending plans, the region in dealing with affairs of the weak U.S. economy relatively good terms. However, the United States as the world's largest economic entity and an important export trade partner in Asia, which triggered the global credit crisis and the Asian economy will also have an impact on Asian markets. According to Morgan Stanley in Singapore Economic Analysis Tang homes division. Chetan that Asian stock markets in 2008 is one of the main risks facing the tremendous shock Wall Street may spread to Asian financial markets. (AFP)
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