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US market only trades for half a day, closes at 1pm.
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very nice, HSI also plunges to 24000, alibaba below HKD130, almost all china stock meltdown, not only tech stock, property, banks etc.
HSI use to be roughly 10000 pts above DJ, now is 10000 below, in total HSI down 20000 against DJ in last few yrs, imagine how much china company asset & capital evaporated.
Temasek & GIC hold lots of china stocks, alibaba, didi, educational stock which already bankrupt recently, read somewhere, they easily lost USD200B recently in china market.
Look at S share in SGX in last 30 yrs, all know all these china company, the con & bullshit eventually.
better still, many reports in internet china property price dive down like crazy across china now, dump but no buyer.
invest in china, will kena squeezed till dry dry.
(This post was last modified: 26-11-2021, 05:11 PM by
kokee.)
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Better drop more ! Unrealistic market movements.