Word: sinophoria
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Dates: during 1994-1994
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...publicly traded ones that are left to their own devices will come to a bad end. The six China stocks on the N.Y.S.E. have recently headed in the direction he predicts. Brilliance China Automotive has been much less than brilliant, dropping from 29 7/8 at the height of Sinophoria in 1993 to the current 11 78. The once celebrated Shanghai Petrochemical is down as well, along with Shandong Huaneng Power, and its not too distant relative Huaneng Power, brought to New York by Lehman Bros., has been a turkey...
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