China NDRC disappoints market with weak insufficient plan ..market crash... -
sgbuffett - 08-10-2024
Looks like hard for China to recover as they are unable to maintain confidence of investors due to very weak policy making
https://www.cnbc.com/2024/10/08/china-state-planner-lays-out-further-actions-to-boost-economy-but-no-new-plans-for-major-stimulus.html
RE: Chjna NDRC disappoints market with weak insufficient plan ..market crash... -
Zannn - 08-10-2024
(08-10-2024, 02:12 PM)sgbuffett Wrote: Looks like gard for Chjna to recover as they are unable to maintain confidence of investors du tk very weak policy making
https://www.cnbc.com/2024/10/08/china-state-planner-lays-out-further-actions-to-boost-economy-but-no-new-plans-for-major-stimulus.html
Whats yr plan for yr 5x leverage long?
RE: Chjna NDRC disappoints market with weak insufficient plan ..market crash... -
sgbuffett - 08-10-2024
(08-10-2024, 02:13 PM)Zannn Wrote: Whats yr plan for yr 5x leverage long?
I already cut loss and get out when market drop this morning.
Looks very weak with no buyer.
I don't think anyone has confidence in China policies.
RE: Chjna NDRC disappoints market with weak insufficient plan ..market crash... -
Zannn - 08-10-2024
(08-10-2024, 02:17 PM)sgbuffett Wrote: I already cut loss and get out when market drop this morning.
Looks very weak with no buyer.
Good move
RE: China NDRC disappoints market with weak insufficient plan ..market crash... -
Sharexchange - 08-10-2024
Failed CCP QE...as expected
RE: China NDRC disappoints market with weak insufficient plan ..market crash... -
teaserteam - 08-10-2024
China's Stimulus in 2008 was about 4 Trillion yuan; then, the GDP was about USD 4,6 Trillion. Today, the GDP is about USD 19 trillion. By direct proportion, they might require 19/4.6*4=16 Trillion Yuan or more than USD 2 Trillion. Some predict that China might need around USD 1.4 Trillion.
RE: China NDRC disappoints market with weak insufficient plan ..market crash... -
Sentinel - 08-10-2024
China announced its latest economic stimulus package on September 24, 2024. This package is considered the most substantial since the onset of the COVID-19 pandemic and aims to rejuvenate the economy amid ongoing challenges. It includes a plan to issue 2 trillion yuan (approximately $284 billion USD) in special sovereign bonds and implement various consumer subsidies, such as a monthly allowance for families with multiple children.
The announcement was well-received, triggering significant increases in stock market indices, with some experiencing their largest rallies in over 15 years. This stimulus is part of a broader effort to address economic sluggishness and is projected to total around 7.5 trillion yuan (about $1.07 trillion USD) when fully realized, which would make it one of the largest in nominal terms in China's history.
RE: China NDRC disappoints market with weak insufficient plan ..market crash... -
Purikura - 18-10-2024
Third world china economy already so jialat. Crashing and sinking all the way down to their death lololololol
No wonder so many ah tiongs are very poor and have to sleep on the streets. Many ah tiongs are dying to flee out of the shithole collapsing third world china!
Sick man of asia will forever be sick man!
RE: China NDRC disappoints market with weak insufficient plan ..market crash... -
cityhantam - 18-10-2024
OMG!!!
"Crashed" up almost 20%!
.
.
RE: China NDRC disappoints market with weak insufficient plan ..market crash... -
Niubee - 18-10-2024
Don't stop collecting HK stocks
RE: China NDRC disappoints market with weak insufficient plan ..market crash... -
p1acebo - 18-10-2024
Poor sgbuffet... forever the flip flopping clown caught on the wrong foot
RE: China NDRC disappoints market with weak insufficient plan ..market crash... -
Alice Alicia - 18-10-2024
https://youtube.com/shorts/PneFWCkYWa0?si=KYvNL2ZG2CA8gej0