SG Talk

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.

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.

Nicely buffed up



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....

JD up almost 10% today.