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Full Version: SgButt, SSE up 8% today 2024.10.01
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Is China collapsing?   

What happened to your US propaganda?    


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China long holiday and Hk close today
  
USD sinking against RMB.    



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After spending several yrs monitoring and sneering china, he must be very confused by now
(01-10-2024, 03:19 PM)Cmpunk Wrote: [ -> ]China long holiday and Hk close today

Yes. You are right.  

The last trading day (yesterday) up 8%.  

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(01-10-2024, 03:19 PM)Cmpunk Wrote: [ -> ]China long holiday and Hk close today

SSE long holiday 1 week starting today
(01-10-2024, 04:05 PM)WhatDoYouThink! Wrote: [ -> ]After spending several yrs monitoring and sneering china, he must be very confused by now
I hv already told him and all detractors, when the Chinese govt gets involved, ít never like to faíl, it seldom fail as it has many uber briliant minds, this mkt problem is nothing to the CPC
Ah Butt busy repairing the soles of his 5 years old shoes so that he can wear the shoes another 3 x 5 years = 15 years    Big Grin
All along I I said China ec9nomy is weakening badly and they need to do strong stimulus or deteriorate.

Before stimulus was out I said have to buy before the China market surge up
The Government teams or the investors must be desperate to push up the index when the vital statistics are still red red..

[Image: Screenshot-2024-10-01-190955.jpg]

It will not be uncommon to see China indexes jump after having slumped for so long. It will happen again and again. Japan Nikkei had the same experience; sometimes Nikkei jumped more than 14% during the initial years after the bubble had busted.

[Image: Screenshot-2024-10-01-190748.jpg]
(01-10-2024, 07:15 PM)teaserteam Wrote: [ -> ]The Government teams or the investors must be desperate to push up the index when the vital statistics are still red red..

[Image: Screenshot-2024-10-01-190955.jpg]

It will not be uncommon to see China indexes jump after having slumped for so long.  It will happen again and again.  Japan Nikkei had the same experience;  sometimes Nikkei jumped more than 14% during the initial years after the bubble had busted.

[Image: Screenshot-2024-10-01-190748.jpg]

The China stock market was not a bubble.befoee it collapsed
It was cheap and became even cheaper.

That is why so many value investors became bsg holders....like Charlie Munger who bought Alibaab he thought it was cheap and it became cheaper.

After the rise of last week it is still cheap.
China stock bubble bursted in 2015 and never recovered as the economy was not good after tt. Then the asset bubble bursted in 2022. This sent the stock market plunging further. The Japanese asset bubble bursted in 1990 and caused stock to plunge at about the same time.
This long time Hedge Fund investor said “
China has to tackle the debt problem or face “malaise”


https://www.marketwatch.com/story/china-...topstories
(04-10-2024, 06:04 AM)revealer Wrote: [ -> ]The rally will turn into bust.

https://www.bloomberg.com/news/articles/...ckout=true

Will u short? Laughing
Well done Xi 👍.
so many bad information everywhere in the media space.... hmmm
guess crowd needed to be feed bad information... hmm
(04-10-2024, 06:04 AM)revealer Wrote: [ -> ]The rally will turn into bust.

https://www.bloomberg.com/news/articles/...ckout=true

Someone missed the rally Rotfl
Sour grapes Rotfl nudie