Herb Tang Kai Chinese Blogger Blog posts Believe in the masses China Petroleum My view on bulls

by hecao on 2008-03-14 00:26:43

The Shanghai Composite Index broke through the integer barrier of 4000 points today, which broke the hearts of investors in China. There was a scene of chaos in the stock bar, rumors arose one after another, and there were continuous cursing voices. I seemed to be in the biggest casino in the world. Here, there were surging crowds. The people who lost all their money were restless. This kind of situation was not strange at all. China's securities market had always been in this state, whether it was a bull or bear market, and whether it rose or fell, people were always in a crazy state. PetroChina (601857) is the king of this market. Its free float was 4 billion, and its total share capital was 18.3 billion. If you ask a Chinese person which is the most profitable enterprise in China, he will definitely tell you: PetroChina.