[sgbuffett]

Over the weekend no panic news and selling is follow thru from last week rate hike. It’s a slow and deep sell off. How u see selling climax?

Oh good stocks are sold of to raise funds without any news ...and not just one stock but many that have done well.

Quality Developers like Vanke actually rose today, it's value is  shaved by half over 3 months.

Those no chance sure die like evergrande maintain a residual  value pending govt rescue.

The HK market is pricing in a recession that .may not happen. From 31K dropped to 23K. Many stocks are below book low PE ...low price to cashflow.

Seems like equity funds have left HK.

Recovery may be slow but bottom or bottoming is happening now.