15-02-2024, 11:13 AM
(15-02-2024, 10:42 AM)sgbuffett Wrote: Please lah even if they van do for 1 or 2 days you think the can reverse primary trend which is down for 6 months....HSi is back to level of 1997 handover.
The economic rot in China and HK cannot be reverse so easily. Foreign investors who are lifeblood of these economies are scared off by Xi and will never return. Decoupling trends ...home shoring etc will drain of manufacturing in China economy.
In china everything us going downhill exports, imports, property market, manufacturing, consumer sentiment.
It is downhill that's why the primary trend of stocks is down because its economy is in bad shape.
Like i said many times I don't play those temporary rallies which are a distraction...if anything I use it to increase my short positions.
It will cross 16k and stay above for next Monday China grand open. Don’t say never warn u again