(19-12-2024, 10:01 AM)sgbuffett Wrote:  A50 peak formed ....sinking fast.

Pro traders will short as the rally is temporary

(19-12-2024, 10:43 AM)teaserteam Wrote:  The Central Government's debt swap for local governments' debt is not enough.  they are now selling record Dim Sum Bonds offshore to raise money.  This is despite  Beijing's calls to reduce debt sales.

https://www.businesstimes.com.sg/companies-markets/banking-finance/chinas-lgfvs-raise-record-dim-sum-debt-domestic-curbs-bite

(19-12-2024, 08:48 AM)sgbuffett Wrote:  Yesterday Fed cut ratea but announce it will slow the rate cuts as US economy is too strong.

This is very bad for HK and China as they cannnot ease  otherwise Yuan will PLUNGE. Yuan fell over night to weakest level in months against US$. 

As with previous days look for opportunities to short.

Congrats to all who shorted big gains on the way.

(20-12-2024, 08:39 AM)sgbuffett Wrote:  The China HK rmarket emains weak.
Rallies are temporary and have presented opportunities for shorting.

However the strength in these market is deteriorating and shorting the downtrend may be the best strategy

I expect the HSI and A50 to open down and sink theoughout the day.

Congrats to all who shorted.

(20-12-2024, 02:32 PM)WhatDoYouThink! Wrote:  Must be very confused. Long then market down. Short then market up

(24-12-2024, 03:58 PM)Cmpunk Wrote:  I hope it don’t break than I can buy cheap away.

(24-12-2024, 06:15 PM)sgbuffett Wrote:  If accumulating for long term the wishis  for China stocks to sink as low as possible to buy cheap


For traders market weakness means time to short and make $$$

Quote:Among the financial fraud cases investigated by regulators in 2024, Evergrande Real Estate ranked first because of two years of falsely increased revenue of more than 560 billion yuan.

Article | Caijing reporter Zhang Jianfeng and Wang Ying Source: unique

Combating financial fraud in the capital market is the focus of securities supervision and law enforcement. As investigation and prosecution efforts intensify, many major financial fraud cases of listed companies will surface in 2024.

According to incomplete statistics from Caijing, as of December 25, about 34 companies have received "Administrative Penalty Decisions" for inflating operating income since 2024, and the total inflated operating income is approximately 631.4 billion yuan.

According to the ranking of inflated operating income, the top ten companies all exceeded 3 billion yuan, and the top three companies all exceeded 10 billion yuan. Among them, Evergrande Real Estate’s falsely increased revenue exceeded 560 billion yuan in two years, shocking the market.

"Finance" reviewed the above cases and found that unreasonable revenue recognition, fictitious business, and idling of third-party cooperation business are the main methods used by these companies to inflate their income, and company executives and even controlling shareholders plan and participate in financial fraud, allowing such financial institutions to inflate their income. Fraud is even more secretive, with some companies inflating their income for 13 years before being discovered.

https://finance.sina.com.cn/money/fund/jjzl/2024-12-27/doc-ineavmwh7596409.shtml

(30-12-2024, 10:45 AM)sgbuffett Wrote:  HSI lost the key 20K level this morningthe selljng momentum js not high but exercise cantiknya no need to rush in to make trades.

(30-12-2024, 10:45 AM)sgbuffett Wrote:  HSI lost the key 20K level this morning the selljng momentum js not high but exercise caution no need to rush in to make trades.