I’m convinced that with this sustained move (another 5% gain...

Officials say the real estate market is bottoming out. What’s your view on China's property market?

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Spinee joined discussion · Sep 28 23:46

I’m convinced that with this sustained move (another 5% gain) in the $Hang Seng TECH Index (800700.HK)$ , there’s a mountain of margin calls slamming those holding short positions. It’s buying and volume like I haven’t seen in years for this market. I wonder if we’ll hear of a few hedge funds imploding in the coming weeks.

$Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $XIAOMI-W (01810.HK)$ $MEITUAN-W (03690.HK)$ $JD-SW (09618.HK)$ $BIDU-SW (09888.HK)$

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Btan : I think it is risky now to buy in at this elevated price. Might get stuck and bag hold. Better wait out a bit given that US might bite China anytime

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下一个十年的雷熊 : Looks very scary, feels very violent + a bit of an unhealthy upward trend Normally healthy growth should be slow and steadily rising, but now it's violent with 10% gains every day, maybe also because it has been falling for a few years to the bottom, accumulating power for a long time and then releasing it all at once Hope my KWEB breaks 70 USD directly

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Spinee

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