[sgbuffett]

There was lots of drama on the HK side with delisting to threat of some of the stocks, zero Covid, China property crash, China US tensions. US side we had those horrible rate hikes and inflation problem.

But if one held for one year as a long term investors ...nothing much happened. hSI had a 7% loss for one year minus dividends of 4% the loss is 3% ....S&P500 had loss of 8.8% minus dividends of 1.7% loss is 7.1% nothing to scream about.

Basically if you had bought and gone to sleep nothing much happened.

But if you dollar cost average faithfully, you loss is reduced and you may be even profitable for HSI because of the very low points where you have bought and spend much of the 12 months below the current level.

So you get alot of short term drama and fear throughout last 12months but it turned out to be nothing on the longer time frame.

[teaserteam]

HSI depends a lot on China’s SOE stock to perform. But the SOE’s earnings continue to disappoint. It will drag down HSI

https://www.bloomberg.com/news/articles/...markets-vp&leadSource=uverify%20wall

[teaserteam]

The Chinese SOE’s debts and public debts have doubled to 132 trillion yuan over the last 5 years

https://asia.nikkei.com/Spotlight/Market...%20product.