$Hang Seng Index (800000.HK)$ Really bought a big garbage, t...
$Hang Seng Index (800000.HK)$ Really bought a big garbage, thought that each one is a treasure, each one is lower than 10 PE, the market does not buy it is not bought.
Among foreign investors, Chinese concept stocks are like ATMs, always releasing bad news such as economic slowdown, etc. China's GDP grows at 5-6% every year, while the US is less than 3%. They still say it's the greatest economy, the data is there, and they keep smearing China.
Even under the deflation in China, GDP still grows at 5-6%, while the US has inflation of over 3%, but GDP is still less than 3%. It really is the greatest economy.
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看热闹哈哈哈 : Extremely counterproductive.
Pinkki_doll : The point is, how much data do you trust in China?
JC1616 OP Pinkki_doll : No big country has as much free time to defraud data, don't read European and American news so much Tencent Alibaba byd, the revenue of each of these biggest Chinese companies has been rising, and it's far more than 5% a year, why can't China's GDP grow by 5%
AAAAce : You are so naive. Start pouring water locally, layer by layer. China's economic data is all moisture. Have you heard of companies other than leading companies? Many of them are at historically low levels, and the profit situation is also very poor. From a macro perspective of the Chinese economy, it really doesn't work. The collapse of real estate has led to a decline in consumption, etc.
JC1616 OP AAAAce : Come on, take this stuff out and say it's been 5 years, no other reason? Nor does the US rely on those 7 companies to drive the majority of companies' revenue falling, or is the stock market still not in turmoil
For example, in BYD's analysis, I'm not optimistic about the future development of electronic vehicles, but in Tesla's analysis, they put him at the top of the tram industry and continue to promote the future of zero-carbon green energy, excluding the prospects of robots, financial institutions have very two-tier comments in their analysis of peer reports, clearly that BYD is growing rather than Tesla, but writes that BYD is worth nothing, then Tesla writes that it is the owner of electric vehicles in the future
I can only say that the US is a financial hegemon and a technology hegemon, which is the only advantage of US stocks
AAAAce : So what? Macroeconomics has nothing to do with retail investors making money. It depends on whether you invest or speculate. Speculation follows the trend. Since the US only goes long, China goes short when it falls. However, if you invest in China, don't choose China; they are all predators who only cut chives. They have countless ways to make money from retail investors
Pinkki_doll : It seems that you have been greatly scammed by the CCP. I have a Chinese friend who told me after coming to Malaysia that people in China are all indoctrinated into feeling that China is strong, etc., and only after going outside will they discover that there is a world out there. These are all stories. If you want to argue, it's really hard to say who's right and who's wrong, but you know from the stock market that foreigners definitely don't believe in the CCP; it depends on which side you want to take.
Float : Read more news
On January 24, the Secretary of the Government of Henan Province and the provincial government's press spokesman, Zhu Ming, presented that according to the results of the Unified State GDP (GDP) of Henan Province, in 2023, the gross domestic product (GDP) of Henan Province was 5913.239 billion yuan, an increase of 4.1% year-on-year.
But if we look at the official data for Henan for 2022, we find that it is 6134.51 billion yuan, the GDP of Henan in 2023 actually decreased by 2200 billion yuan compared to 2022, and the economic growth should be -3.6%, while the data just released is 4.1%.
Falling angel Float : No, after such a long report, you just excerpt the first and second paragraphs?
Float Falling angel : No, it's the truth.