The Global View

Green stock frenzy sweeps over China

l1_clip_image013.jpgCHINA WATCH

China’s stock market is now more bullish than ever. Greenbang is hearing everyone talking about it.

In China if you want to make money, you have to invest in what the government is supporting.

So what’s hot after the Party’s 17th congress? The green industry and their shares in the stock market, because the government has openly encouraged and issued regulations to support this field.

One anonymous friend of mine who claimed to have some inside information secretly told me he has bought IPO of an energy-saving tech company, in which he has much confidence that it will soar.

Even my mum keeps talking about environmental-protection and energy-saving IPO all the time – I bet she doesn’t know what these companies are actually doing but she knows their stock can make money.