Asia Global Holdings Corp. (fka AAGH)

[proteinspike]

The Chinese stock market was crushed yesterday, down 5% after the Chinese govt. warned investors that only one third of the companies in that country currently meet US investment standards.

This chart looks a bit toppy...
http://stockcharts.com/c-sc/sc?chart=$SSEC,uu[c,a]dhcayyay[db][pd20,2!b50!b13!b100!lv8!f][vc20][[iup...

China stock market bubble seen developing - legislator
01/31/07
BEIJING (XFN-ASIA) - The Chinese stock market is developing into a "bubble" and investors may be behaving irrationally, a leading Chinese legislator told the Financial Times.

Cheng Siwei, vice-chairman of the National People's Congress, warned the mainland stock market, "There is a bubble going on. Investors should be concerned about the risks," Cheng said in an interview with the Financial Times.