HSI poise for big bounce up as shortsellers failed to get out yesterday.
#1

HSI is always a speculator's/trader's market.

The short-term volatility is higher than long term as traders pile in big positions to bet on direction.

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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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#2

In other exchanges you need to borrow to short so shorts do take a longer view of few weeks, months just pay interest rates only. Here we SBL account too. Heard from a friend last month a guy made at least 100m by such method still not yet cover positions.
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#3

Nicely buffed up

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But the really big short positions are in China Tech listed in HK. If you compare Shenzhen A shares where they are not allowed to short the tech stocks did not move down....but in HK they were sold down like no tomorrow.

Now they are surging up....

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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#4

JD up almost 10% today.

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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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