11-10-2023, 07:21 PM
(11-10-2023, 01:39 PM)sgbuffett Wrote: Since beginning of teh year the HSI has mini rallied 4 tines and each time the rally fails and the HSI goes lower.
Thia current mini rally is yet another dead cat bounce.
Yes it is sharp but like the last 4 it cannot last because China economy remains weak and China govt is not doing any big measures..
The collapse of China's propeprty sector will take years to resolve.
The debt problems un Chuna especially local govt debt is a serious problem.
along the way down also got up one,, not one straight down..
but mkt is always 6 mths ahead of the real economy like analyst said got some true...