Breaking:China Weighs Stock Market Rescue Package Backed by $278 Billion
23-01-2024, 10:17 AM
23-01-2024, 11:53 AM
If the China govt never says anything, China stocks can continue to go down.
Once the govt says that they will support the stock market,it means the market has bottomed.
Because the govt will come in to buy if the crash continues
Once the govt says that they will support the stock market,it means the market has bottomed.
Because the govt will come in to buy if the crash continues
23-01-2024, 11:57 AM
Throwing money into rubbish hole. Hopeless govt.
23-01-2024, 12:00 PM
(23-01-2024, 11:53 AM)forum456 Wrote: If the China govt never says anything, China stocks can continue to go down.
Once the govt says that they will support the stock market,it means the market had bottomed.
Because the govt will come in to buy if the crash continues
Not bad, you also know.
否极泰来,物极必反。
Very simple wisdom.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
23-01-2024, 12:01 PM
23-01-2024, 12:06 PM
Knnah, with nearly $300 billion supporting, how can the CCP market be crashed. It is not $20k CPF OA hor.
Thinking is difficult, that's why most people judge
Carl Jung
23-01-2024, 12:13 PM
23-01-2024, 12:30 PM
23-01-2024, 12:47 PM
23-01-2024, 12:50 PM
Why you don't like market to go up ? With gov support chances it will similar to 2015 maybe !
24-01-2024, 03:46 PM
HK market has been surging up yesterday and today.
look like China govt is buying into HK market ?
stock rally until lunar new year ?
look like China govt is buying into HK market ?
stock rally until lunar new year ?
24-01-2024, 03:55 PM
China to cut banks’ reserve ratio by 50 basis points from Feb. 5
https://www.cnbc.com/2024/01/24/china-to...feb-5.html
https://www.cnbc.com/2024/01/24/china-to...feb-5.html
24-01-2024, 04:38 PM
(23-01-2024, 12:30 PM)forum456 Wrote: it does not mean china stocks will go up.278b is just a drop for a 10t mkt cap.
it just implies that stock crash will not continue.
for stocks to go up, they need economy recovery and foreign funds to buy up the market.
Not enough. Later mkt will continue to go down.
We see later. Glta
24-01-2024, 04:48 PM
(23-01-2024, 12:30 PM)forum456 Wrote: it does not mean china stocks will go up.
it just implies that stock crash will not continue.
for stocks to go up, they need economy recovery and foreign funds to buy up the market.
Chinese stock market is a political stock market(政策市).
Dont bother too much on their economic data.
一定要一步一脚印,是急不来的。
现在的中国年轻一代是最聪明的一代。
不肯能闯不过这次的难关。有两亿人hor.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
24-01-2024, 05:17 PM
(23-01-2024, 12:01 PM)K88 shu shu Wrote: thats the different between making money and sit there and see other huat.
you are 1 of those who whole life see others huat.
Very well said - he's one of those sour grapes where all his friends huat big time - he instead just sit there and sulk - not happy with his friends' fortunes - starts cursing his friends!
A real sour grape - he misses opportunity to huat big!!!!
Past 2 days Hang Seng went up about 1000 points!
24-01-2024, 07:24 PM
24-01-2024, 07:38 PM
Heng I only buy HK stocks.
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