China Stock Market had a good run

The China stock market had a good run so far this year. Since the start of the year, the Shanghai Composite Index rose 17.1%. In 2013, the index actually declined 6.7%. In 2012, the index managed a small increase of 3.1%. See table below.

Date Shanghai Composite Change (%)
1 Jan 2012 2,199.42 NA
1 Jan 2013 2,269.13 + 3.1
1 Jan 2014 2,115.98 – 6.7
14 Nov 2014 2,478.82 + 17.1

See the graph for the index in 2014. The spike in index happened in the second half of this year. For nearly two and half years, the Shanghai Composite index was declining and unexciting for investors.

Shanghai Composite Index 2014

 

 

 

 

Source: Yahoo!

First State Regional China Fund – S$

I bought units in the above fund between July 2012 to March 2013 at average cost of S$2.0567. Latest market value as at 13 November 2014 shows that the fund had increased 27.6% over the period. I kept faith with this China fund and did not sell out when the China stock market was declining.

Date NAV of Fund Change (%)
Jul 2012 to Mar 2013 2.0567 NA
31 Dec 2013 2.4639 + 19.8
13 Nov 2014 2.6260 + 6.5

Forex rate for Chinese Yuan

Furthermore Chinese Yuan (CNY) for this year has increased 1.29% against Singapore dollar. This spells good news for investors in CNY denominated investment.

Date CNY/SGD Change (%)
1 Jan 2014 0.2089 NA
14 Nov 2014 0.2116 + 1.29

Copyright © 2014, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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