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Earnings flood from China's stocks: Is a turnaround on the horizon?
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$TENCENT (00700.HK)$ in us market China stocks are being sho...

$TENCENT (00700.HK)$ in us market China stocks are being shorted despite excellent result on the other hand us stocks with bad result is being push up due to political connection. US stocks are over valued and have no fundamental. For Tencent, company has spent close to hk100 billion for share buyback and stop buyback 1 month before result and I believe the company start buying back it's own share today, in early October the highest price buyback is hk450, you can find out from hk exchange announcement.
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  • Chek Wong : Tencent news was quite good and will continue if there is more stimulus on consumption in China. Companies and government need to inject confidence. HK and China has some uncertainty.

  • wafflewolfeh : End of the day it comes down to fundamentals lo… those speculator chasers bound to get burnt. There’s no logic in speculating…

  • 104039463stock king OP : US wants to destroy China economy by shorting China stocks in fact US is heavily indebted due to us debts of us 35 trillion the interest alone is costing us govt us900 billion a year there is no way us can afford to pay the interest. So they just keep printing more money to fund their spending and it's like a pony scheme, if us keep high interest rate their economy will suffer due to high cost and no way to compete with China at very low interest rate. Just a matter of time us dollars will big drop.