Message from Jeremy: To all Tech IT Easy readers, who could obviously not necessarily remember the initial announcement, I have invited blogger Lucien to write about Web 2.0, China, and many other things that happen to interest him at the moment. Lucien, they’re all yours!

I am among the minority who didn’t notice the recent bull market trends in Chinese stock market. I never really look at what is happening in the market, because I never bought any or sell any in my life. Maybe people outside Chinese also didn’t pay attention to the performance. Here is what happened.

4 Times Increase

The Shanghai Stock Exchange Index was 998.23 in June 2005. Yesterday, it reached 4151.42, which is the highest in the history of the stock market, and almost four times than two years ago, and keep increasing.

Buy stock in China is always like buy lottery

If you bought the right stock, you can get 50% gain in days, and if you are not lucky enough and get the bad stock, it will shrink at the same speed. Unlike NASDAQ, the stock price in China has a threshold. If it raise or drop too much, it will stop trading and hold until the next day.

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Funny: type in ’search’ in Google and the first result to come out is Microsoft’s Live Search.

At least, it shows Google keeps a fair approach when it comes to result relevancy: Live Search contains the keyword ’search’ so the result is pretty logical indeed.

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