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“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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(16-03-2024, 06:01 AM)RiseofAsia Wrote: https://www.cnbc.com/2024/03/14/hsbc-is-...-says.html
most of hsbc profit in asia comes fr china n hk
if hsbc talks bad on china the shares will immediately drop 10% as punishment by coounist china
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(16-03-2024, 09:20 AM)talky Wrote: most of hsbc profit in asia comes fr china n hk
if hsbc talks bad on china the shares will immediately drop 10% as punishment by coounist china
If HSBC do business in China and HK they should know the situation better than the others right?
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While there are optimistic views of China one should really look at the data and understand what js going on.
With FDI hitting 30yr lows abs massive debt crisis unfolding and top 3 property developers in bankruptcy or entering bankruptcy....I would be wary.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(This post was last modified: 16-03-2024, 12:26 PM by
sgbuffett.)