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3xBuBu

Re: MistySteel post# 163

Friday, 05/22/2009 9:47:06 PM

Friday, May 22, 2009 9:47:06 PM

Post# of 183
Strait Talk for Taiwan, China

Taiwan's stock market is up 46% in 2009 on hopes for closer ties with China. But there's a danger investors are being too optimistic.

Taiwan's stock market, for some years Asia's ugly duckling, has been transformed by hopes for closer economic ties with mainland China. The Taiex is up 46% this year, including a recent surge since China Mobile's proposal to buy 12% of Far EasTone.

http://online.wsj.com/article/SB124289991457342863.html

"The Chinese use two brush strokes to write the word 'crisis.' One brush stroke stands for
danger; the other for opportunity. In a crisis, be aware of the danger - but recognize the opportunity." -J. Kennedy

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