ޥ:
쩫 3a4b5c6c 2007-8-1 18:02 o
If no further really really bad news from global market, I don't think it is that easy drop to 19000 level. There are more capital from QDII later this month or in Sept.
10% correction ...
Agree, in fact, strong JPY and sub-prime are short term drivers. Whenever the market is volatile, these drivers will appear on the headline news. The situation is very similar back in end of Feb.
Keep in mind that not only QDII is in play in the 1/2 of the year, there are few big companies going to issue A shares in China (eg 941, 857, 1088 or even 939).
What determines next will be mid year corp. earning results coming out soon.