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$Alibaba (BABA.US)$$Wilmar Intl (F34.SG)$$HAIDILAO (06862.HK...
China's government is determined to boost domestic consumption vigorously. consumer stocks are going to the moon ๐๐๐๐
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Thelord : Talk only no actual policy to boost consumption
103382836 : Talk with no substance. Same as Scamala
ValueBull OP Thelord : there is policy action. are you living under a rock?
1) cut in RRR
2) CUT IN LPR
3) REFINANCING OF 12TRILLION RMB IN HIDDEN DEBT
4) REMOVAL OF ALL RESTRICTIONS IN PROPERTY MARKET
5) STATE BANK RECAPITALISATION PLAN
6) CUT IN MORTGAGE RATES
7) 300B FINANCIAL LINES AVAILABLE FOR SHARE BUYBACKS
102208669 : Its gonna tank or stay still for 2-3 months since actual data release on mar/apr
ValueBull OP 102208669 : there is already evidence the measures taken by China and the provincial authorities are working. the latest PMI and CPI reading was stronger than expected
Thelord ValueBull OP : Just curious, how long have you been holding China stocks or did you just entered recently
Thelord : So how? How much you lost now
Mr Pistachio : resuscitation needed
Thelord Mr Pistachio : Ah bull lost his pants now donโt even dare to make a sound. Damn idiotic
104664393 : hi ValueBull, Wilmar's price drop. I bought at 3.05 and now it is 3.03. your advice not chun one
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