Showing posts with label bidu. Show all posts
Showing posts with label bidu. Show all posts

Saturday, November 3, 2007

Chinese Stock Market Crash


China Mobile, China's biggest mobile operator, has a market cap of $380 billion. More than Vodafone, America Movil en NTT Domoco … COMBINED...

PetroChina, China's biggest oil company, has a market cap of $450 billion. More than Royal Dutch Shell, Total and BP. Exxon Mobile is the only one that has a larger market cap.

Bank of China, China's biggest bank, has a market cap of $360 billion. That is a HIGHER market cap than Citigroup and Bank of America, COMBINED...

Baidu.com, China's biggest search engine, has a book value below $10, however the latest quote is $410 ...

I am not sure which event will trigger a market crash in China, but I'm pretty sure it won't take too long...

Thursday, October 11, 2007

The Chinese stock market bubble is about to deflate

This is 6 month graph of baidu.com, the leading Chinese search engine. Those hyperbolic rises don't end with a splash but with a big bang.