[teaserteam]

HSI and SSE will be under pressure to perform as the US stocks slump as they expect a recession. However, some said money might move back from the US market to the Chinese market. We will see

[sgbuffett]

Just like previous days morning peak coming soon for an opportunity to short.

A50 temporarily rally ending soon.

[p1acebo]

Poor silly katek

[sgbuffett]

A50 peak formed ....sinking fast.

Pro traders will short as the rally is temporary

[sgbuffett]

Sinkjng fast congrats to all who shorted.

[WhatDoYouThink!]

How cum many times when you went long the market turns down immediately ha? Managed to cut loss?

[sgbuffett]

A50 peak formed ....sinking fast.

Pro traders will short as the rally is temporary

Sinking

[teaserteam]

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/compani...curbs-bite

[sgbuffett]

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/compani...curbs-bite

Who would buy these? Is it guaranteed by central govt?

[p1acebo]

Even a stopped clock is correct twice a day

[aiptasia]

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.

Your verdict is bullshite.

Watch and listen to what Powell says - the primary objective of lesser rate cuts is to tame inflation.

[sgbuffett]

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.

[aiptasia]

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.

Anyone who did what you suggested is getting their arses canned with short covering today. 

Call yourself a trader?  

[p1acebo]

While there are perma bulls and perma bears, sgbuffet is a perma clown

[aiptasia]

Why Sgbutt no postings in this thread today?

[WhatDoYouThink!]

Must be very confused. Long then market down. Short then market up

[aiptasia]

Must be very confused. Long then market down. Short then market up

Which goes to show that it's useless to predict the market. 

Real profitable traders trade based on price action and volume when they see it in REAL TIME.  Not a single profitable trader that I know of boasts about his predictive abilities and never allows personal opinions to over rule what the market is doing.  It's a mechanical activity and doesn't need a lot of brains to process as it depends on procedural memory.

[WhatDoYouThink!]

True. The market is unpredictable, dun waste time to predit it. Leave that to the very rare talent, or some future AI researchers. The market is aso irrational, no point writing down points after point trying to justify yr next move

[sgbuffett]

I am away so i do not have any open position.

I took a look at market today. The HSI rally just above 20K. Wait to see if HSI can hang on to this leve befoee going long. So far the HSI has often failed to stay above 20K.

Frim the day this thread started the HSI had many attempts to stay abive 20k and failed....all all these were money making opportunities for traders.

This will change one China economy 

[Cmpunk]

I hope it don’t break than I can buy cheap away.

[sgbuffett]

I hope it don’t break than I can buy cheap away.

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 $$$

[Cmpunk]

Yes will accumulate more since this AK 71 fellow now also go into China market. Last time claim China not investable but now said opportunity to buy Alibaba cheap. All this influencer talk rubbish.

[aiptasia]

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 $$$

Talk cock lah you. Always go hide yourself when you prediction gets wrong.

[teaserteam]

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/j...6409.shtml

[sgbuffett]

My indicators have shifted from bearish to neural.
Righ now j have no open ahort term positions.

Onces the direction of the market becomes clear i will trade accordingly.

[sgbuffett]

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.

[Zannn]

HSI lost the key 20K level this morningthe selljng momentum js not high but exercise cantiknya no need to rush in to make trades.

Some profit taking only

[sgbuffett]

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.

I warned to be careful on 30 Dec.

Today first day of trading nosedive almost 500pts once the 20K support broke down