SG Talk

Rebounded slightly.....

Reminds me onset of crisis....not that it will happen but investors are rushing out.

kateks die pain pain

Lion-OCBC Sec HSTECH Dropped by around 3.5%


WTF

This type of thing is like that.....

1. Over the weekend investors worry about this headline news Evergrande....watch YouTube catch on news feed.....they build up their fears and worries.

2. On Monday they wake up scared watching the markets then some start selling. Seeing the market go down they sell off also . Soon lots of selling pressure.

3. Based on the data I studied there is a disproportionate number of "selloffs" on Monday. And bottom is form on Monday morning to be lowest point for the week.

4. So the bottom of the week may have been formed...just now.

Don't worry. China's economy is measured by real production from manufacturing, not by stock market prices.

SgFett, do you still feel mRNA vaccine as superior, though Israel, the ardent supporter of Pfizer, found Pfizer efficacy in the light of variant virus is only 39%?

Just to be clear I have no trades in futures market. But I am just watching the show for opportunities. A sharp selloff or collapse can produce many ....

Looking to enter 3032 again

There are people here who do not even know what is a stock market and how it affects the economy.

Futures are played by big players. You think it is low, they play lower. Here, you are caught off guard. If you use those software, there is a possibilities of force sales. After the force sales, it can pick up. Based on most of these companies terms and conditions, the top up need to be done within 24 hours. Sometimes, they force sales before the 24 hours are up. Last time, scold and scold until they re-instate back.

Perfect storm coming? 

Temasek & GLC maybe come in to help...no worry...As for HK ; China govt mat step in ...Lehman bros II may not happen..

(20-09-2021, 01:32 PM)ysh02 Wrote: [ -> ]Temasek & GLC maybe come in to help...no worry...As for HK ;  China govt mat step in ...Lehman bros II may not happen..

The Chinese can step in anytime to calm markets and provide support just like 2015...it is well within their ability.

But it Is a moral hazard. China govt already warn these developers many times not to over leverage....

They might take the chance to clean up the property sectors....make all the weak over leveraged players collapse and flush then out.

But they have to ring fence the banks to prevent systemic risks.

Banks share down may pull down Sg bank got operation there HK...

It is purging.. unwanted industry.

(20-09-2021, 01:49 PM)ysh02 Wrote: [ -> ]Banks share down may pull down Sg bank got operation there HK...

Two days holiday...want to run also cannot!

Aiya good to have little bit of correction after few years of run up tio BOH ?!!! Up many many theories down also many many theories if you all soooooo good in theory you all won’t end up at sgtalk tcss liao gam BOH?!!

Chinese lehman bros collapse, you not scare meh?
No govt will dare to save property market.
The hole is too big. If saving the property market, will be like Japan, 20 years of stagnation.

该死的就让他去吧!

(20-09-2021, 06:37 PM)RiseofAsia Wrote: [ -> ]Chinese lehman bros collapse, you not scare meh?
No govt will dare to save property market.
The hole is too big. If saving the property market, will be like Japan, 20 years of stagnation.

该死的就来他去吧!

China won’t Chui just because of one company de la actually hor good to let those greedy learn a lesson… same things may apply to US stocks markets

(20-09-2021, 06:37 PM)RiseofAsia Wrote: [ -> ]Chinese lehman bros collapse, you not scare meh?
No govt will dare to save property market.
The hole is too big. If saving the property market, will be like Japan, 20 years of stagnation.

该死的就来他去吧!

They will ring fence the banks.

Individuals who lose money when property price collapse ...just too bad. All the govt can do is stop land sales and development license. The problem with that is many local givt need the land sales revenue.

Suppose the property prices go down. Govt come it ring-fence the bank so they won't collapse. Property investors suffer losses and left holding the bag....everything okay after that ...?

Probably not because property sector is 25% of economy and if it slows the whole economy will be dragged down.

But there is no choice due to 2 things 1. Population is ageing 2. Migration to city already peaked and declining....

This means China property market in 2nd and 3rd tier city are in for long term down trend......

By clever juggling the China govt can prevent collapse but the growth engine is shutting down. ....and China has not yet even meaningfully surpass Malaysia per capita income.

It faces yrs of decline due to ageing demographics and effects of one child policy.

At the same time Xi stir up the west who wield enormous global banking and currency powers .....they can use these to precipitate the down side.

(20-09-2021, 06:54 PM)sgbuffett Wrote: [ -> ]They will ring fence the banks.

Individuals who lose money when property price collapse ...just too bad. All the govt can do is stop land sales and development license. The problem with that is many local givt need the land sales revenue.

Suppose the property prices go down. Govt come it ring-fence the bank so they won't collapse. Property investors suffer losses and left holding the bag....everything okay after that ...?

Probably not because property sector is 25% of economy and if it slows the whole economy will be dragged down.

But there is no choice due to 2 things 1. Population is ageing 2. Migration to city already peaked and declining....

This means China property market in 2nd and 3rd tier city are in for long term down trend......

By clever juggling the China govt can prevent collapse but the growth engine is shutting down. ....and China has not yet even meaningfully surpass Malaysia per capita income.

It faces yrs of decline due to ageing demographics and effects of one child policy.

At the same time Xi stir up the west who wield enormous global banking and currency powers .....they can use these to precipitate the down side.

This is best opportunity to reset property price back to fundamental. Sky rocketed property price is out of reach for the poor.
Dont Forget China has 600millions ppl earn less than $1000 rmb.

https://www.thinkchina.sg/600-million-ch...ch-or-poor
是泡沫就是会有破的一天， 何必执着呢?

This wiĺl have a domino effect in Sg property market. Beware!

(20-09-2021, 06:58 PM)RiseofAsia Wrote: [ -> ]This is best opportunity to reset property price back to fundamental. Sky rocketed property price is out of reach for the poor.
Dont Forget China has 600millions ppl earn less than $1000 dollars.

Problem is social unhappiness is rising. Protests on streets and belief that property will rise for ever...property is the main investment of Chinese citizens.

(20-09-2021, 07:07 PM)sgbuffett Wrote: [ -> ]Problem is social unhappiness is rising. Protests on streets and belief that property will rise for ever...property is the main investment of Chinese citizens.

I think you dont understand Chinese Culture.
If there is no food for the Chinese, then they will overthrow the garment.

But they will scare army tanks and machine guns too!...😊

Quote:  In the last few months, the Chinese government under President Xi Jinping has started tightening regulations across various sectors such as gaming — both in terms of casinos and kids playing video games — in addition to Big Tech in the country and even celebrity culture.

“We really are not even in the beginning stages of the crackdown,” the Wolfpack Research Founder and CIO added. “China is going back to a policy of total control.”

Part of Xi’s focus is addressing the wealth inequality in China: There are 626 billionaires in China as of last year, as compared 724 to the U.S., according to Forbes. In contrast, Chinese Primer Li Keqiang said that there were 600 million people in China earning a monthly income of barely 1,000 yuan — roughly around $155 — during a 2020 press conference. 

Don’t tcss hor This can be happen to any country including Singapore markets hor…markets currently supork by low interest rate if amdk up the interest rate next year then we see