Shanghai and Shenzhen indexes to tank next if nothing is done?
Hang seng tech crash is just a precursor of what global Investors have shown of their confidence level in Chinese assets... Having touched below 2800 points and hitting around 2760 points, the fall is insane but not totally unexpected.
Shanghai index has broken below 3000 points and was around 2977 by close. As for Shenzhen index, it was below 10700 points. The downside risk of Chinese assets intensified despite it being of relative low level...
Note that the low can go lower... Nothing is too low under such climate.
Shanghai index has broken below 3000 points and was around 2977 by close. As for Shenzhen index, it was below 10700 points. The downside risk of Chinese assets intensified despite it being of relative low level...
Note that the low can go lower... Nothing is too low under such climate.
Any thoughts?![]()
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Giovanni Ayala : Good Morning
whqqq : It began to rise, starting from the Hang Seng Science and Technology Index.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Giovanni Ayala whqqq : so the main goal is to boost the stocks you already know I likely to go green and observe the ones that go red on Good gains
Spinee OP Giovanni Ayala :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
morning![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
whqqq Giovanni Ayala : yes. Keep watching them.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Giovanni Ayala whqqq :
Giovanni Ayala whqqq : who are you ???
Sam The Greater : Nobody cares