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"L & L Energy Inc is currently engaged in the business of coal mining, coal consolidation, and wholesaling in the People's Republic of China and its operations are conducted in the coal-rich Yunnan Province in Southwest China."

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L&L Energy, Inc. > Shanghai vs. Hang Seng

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Post by brotherM1 on Nov 29, 2012 11:39pm

Shanghai vs. Hang Seng

Shanghai (mainland CHina) and Hong Kong Hang Seng indexes have moved in opposite directions since mid 2009. This was always baffling to me. I heard a commentator on the news today voice the same perplexity. He believes one will eventually rise to meet the other or the other will fall to meet it opposite. Perhaps what was and is thought about the new leadership in the mainland vs. Hong Kong is the reason why the great divergence of these indexes?

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Index&symb=shanghai&time=12&startdate=1%2F4%2F1999&enddate=11%2F29%2F2012&freq=2&compidx=aaaaa%3A0&comptemptext=hk%3Ahsi&comp=hk%3Ahsi&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=12&x=45&y=14

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Comment by brotherM1 on Nov 29, 2012 11:49pm

Perhaps the divergence is due to the way the Chinese government dealt with the 2008 global financial crises? Perhaps the mainland Chinese working class views the corresponding government policies aseing detrimental to their financial health? Don't really know. Just guessing. Where's Bar, the walking Chinese encyclopedia when you need him?

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