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Down 1000lpts.
Free fall. No support.
![[Image: lNv04ty.jpg]](https://i.imgur.com/lNv04ty.jpg)
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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(24-10-2022, 02:08 PM)Sharexchange Wrote: Eventually US market will be favourite again..
Money flow to countries that are pro business pro economic growth and not one that will get into geo political conflicts.
From the wisdom of Deng ....china reverse to folly of Xi.
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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HK market does not favor anti-capitalist top leadership in China
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(24-10-2022, 02:19 PM)TalkingRabbit Wrote: HK market does not favor anti-capitalist top leadership in China
The few leaders from Deng were very pro economy and technocratc.
Until Xi came along and takes China in a different direction.
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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It has more go to do with Quantitative tightening. HK market has international exposure. The Shanghai market doesn't drop much. The west is busy with Ukraine and stirring coffee. The latter did help to a certain extent in the flow of money to the safe haven. Another point is the interest rate to pull the flow of money like in South Korea and Japan.
Once there is less money, economic growth will slow down. These come with multiplier effects.
(This post was last modified: 24-10-2022, 02:38 PM by
theold.)
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(24-10-2022, 12:20 PM)sgbuffett Wrote: HK hit hard. Hong Kong is basically dragged down by what is happening in China and there is no end.
5% fall in just half a day.
Just the beginning ...SHORT!
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this means what u bgt at 17000 loss big money? cab share. I understand u saud u will buy at 17000
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The few leaders from Deng were very pro economy and technocratc.
Until Xi came along and takes China in a different direction.
Pl la, don’t know china history don’t talk too much, Deng did said open up the economy to let some goes rich first, follow with wealth redistribution, but many selfish fellows just don’t care and runs off. Go and read and view the speech video fr deng sioa Peng then come comment.
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(24-10-2022, 02:36 PM)victortan Wrote: this means what u bgt at 17000 loss big money? cab share. I understand u saud u will buy at 17000
Sgbuffett already lost very very much, let him breadth some air.
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buy low then short lower? what strategy is that?
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(24-10-2022, 02:28 PM)theold Wrote: It has more go to do with Quantitative tightening. HK market has international exposure. The Shanghai market doesn't drop much. The west is busy with Ukraine and stirring coffee. The latter did help to a certain extent in the flow of money to the safe haven. Another point is the interest rate to pull the flow of money like in South Korea and Japan.
Once there is less money, economic growth will slow down. These come with multiplier effects.
More to do with HK market having more international investors who are selling an d leaving.
The amount of international funds in Shanghai is very small...
QT and interest rate would affected US market also.
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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Mkt up down 1k points no so serious ! ..as long as Beijing don't do nationalised those foreigners companies lah....
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(24-10-2022, 12:35 PM)sgbuffett Wrote: I did not ask anyone to buy HK on Friday.
Dow continue to move up.
I said buy Dow before it rose about 1 week before it rose sharply.
Yes u are right,
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(24-10-2022, 03:20 PM)ysh02 Wrote: Mkt up down 1k points no so serious ! ..as long as Beijing don't do nationalised those foreigners companies lah....
too early to say
superman li ka sheng foresee this many yrs ago sold many properties in china as he dont trust xi
the stupid fund bot fr him recently 20b of his luxury property in hk
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(24-10-2022, 12:35 PM)sgbuffett Wrote: I did not ask anyone to buy HK on Friday.
Dow continue to move up.
I said buy Dow before it rose about 1 week before it rose sharply.
Have you cut loss and dumped all HK stocks?
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