Part III in Dennis Sheehan’s fascinating series on the Chinese markets. Here’s a short excerpt:
The old adage what goes up must come down became a reality in 2008. The Shanghai Exchange, hit with world financial crisis dropped an amazing 65%. Volatility has always been a part of China. The recovery was quick and in 2010 the world’s largest IPO was offered at 22.1 Billion USD which was completed by the Agricultural Bank of China. By the end of 2010 the exchange had a market cap of 2.7 Trillion USD.

"The Gods of Greenwich is a pure delight, racing relentlessly from the bedrooms of Manhattan to the boardrooms of Connecticut to the banks of Iceland. Bravo!”





