A landmark program that connects the stock markets of Shanghai in mainland China and the autonomous city of Hong Kong has officially been launched today, with investors showing both eagerness, excitement and caution on the first hours of trading.
The Shanghai-Hong Kong stock connect allows investors from Shanghai and Hong Kong to trade stocks from each others' stock market. That means Hong Kong investors now have access to the once closely-monitored and strictly territorial Shanghai Stock Exchange.
Investors in mainland China also now has access to Hong Kong, which is considered as a financial hub, and further opens the country's stock market to global investors.
In the first hour of trading, both exchanges immediately registered a one percent rise. The gain, however, was immediately erased as investors became cautious at the possibility that there were those who had already positioned well prior to the launch of the stock connect program.
Investors are now in a wait-and-see mood as the world closely watches how the landmark stock exchange connect program will do in the coming days.
Monday, November 17, 2014
Saturday, April 17, 2010
Make Money Trading in the Stock Market
Financial experts always say that the stock market is the most liquid and most profitable form of investment as compared to saving in banks or investing in properties.
Indeed, trading in the stock market can be profitable if one knows the ins and outs of the game. I once saw an episode on Discovery Channel that discussed day traders, a group of people who make money everyday by buying and sellings stocks in the stock market.
These are people who are expert in determining the bull from the bear. Bullish stocks usually end the trading day on high notes while bearish stocks usually go down at day’s end. But these are very technical matters of stock market trading and, in fact, there’s an institution in the US that trains stock traders.
What I’m talking about here is trading in the stock market as a layman, an ordinary citizen. I started trading in the stock market a year ago with a $1,000 initial investment. Then I read the business page of the newspaper everyday to see which companies have statements about gaining more investments or lossing profits. These are important factors because a news about COMPANY XYZ getting investments from a Canadian company, for instance, will surely boost the stocks of COMPANY XYZ.
I started with cheap stocks. Divided my capital into five and invested each unit to one stock, meaning I had bought $200 worth of investments from five companies. I waited until day 3 and was amazed that I made nearly $150 out of my $1,000 investment. Now, my initial investment has risen to more than 10 times and I didn’t even add additional cash to my capital since I started a year ago.
And of course, I trade stocks daily through the internet.
Indeed, trading in the stock market can be profitable if one knows the ins and outs of the game. I once saw an episode on Discovery Channel that discussed day traders, a group of people who make money everyday by buying and sellings stocks in the stock market.
These are people who are expert in determining the bull from the bear. Bullish stocks usually end the trading day on high notes while bearish stocks usually go down at day’s end. But these are very technical matters of stock market trading and, in fact, there’s an institution in the US that trains stock traders.
What I’m talking about here is trading in the stock market as a layman, an ordinary citizen. I started trading in the stock market a year ago with a $1,000 initial investment. Then I read the business page of the newspaper everyday to see which companies have statements about gaining more investments or lossing profits. These are important factors because a news about COMPANY XYZ getting investments from a Canadian company, for instance, will surely boost the stocks of COMPANY XYZ.
I started with cheap stocks. Divided my capital into five and invested each unit to one stock, meaning I had bought $200 worth of investments from five companies. I waited until day 3 and was amazed that I made nearly $150 out of my $1,000 investment. Now, my initial investment has risen to more than 10 times and I didn’t even add additional cash to my capital since I started a year ago.
And of course, I trade stocks daily through the internet.
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