Stormy weather

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March 2008

China’s stock market has begun 2008 in volatile fashion. Individual investors beware

A snow-covered mountain is not the ideal place from which to keep track of the stock markets, but this is where a team from Everbright Securities found themselves at the end of January. They had chosen the picturesque Huangshan in Anhui province as the location for their strategy meeting – only to be snowed-in by the stormy weather.

“For a while, we couldn’t get back to Shanghai so we just had to look out the window at the snow,” said Alex Guo, an analyst with ...

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