Singaporean Entrepreneurs

It’s hard enough to explain the stock market to newbies, forget having to do it in Chinese. But do it in Chinese I must so here I learn the jargon in what was once my family’s (a couple of generations ago) mother tongue.

From the HERALD TRIBUNE – 26 January 2007 (What would they say now??!!)

China’s stock markets are almost going mad, actually, with the leading Shanghai market at nearly 3,000, as ordinary Chinese flock to buy equities in breathless, record numbers. The bull market is so dramatic — the Shanghai index hit a record high this week before falling back slightly — that one senior Chinese official has warned against “blind optimism.”

College students, yuppies, retirees and others are buying individual shares or investing in China’s swelling mutual funds. Day trading is common since most investors use home computers.

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