Thursday, May 24, 2007

No more upstairs downstairs , the maid is out trading

TELEGRAPH UK: Chinese maids play the markets

This analyst - whose name I know but have agreed not to mention, largely because he is afraid of upsetting his wife - is among the more respected commentators on China's markets, but while the benchmark Shanghai Composite Index was soaring 130% last year, he saw a personal return from his share portfolio of just 5%.

Worse still, among the millions of Chinese who were playing the markets and winning, our analyst found himself outperformed by, of all people, his family's maid.

Posted by chris @ 04:27 AM (145 views) Add Comment

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