11-10-2023, 09:20 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.
FYI your rare profits on hsi now into losses, look at Hsi rally again breaking 18k to 18100. Monday already told u listen to yr guru master long china u don’t listen