RandomTrader_
:
imo this is a good and healthy correction. The chinese madness had to stop somewhere, since it surged 20% in less than a week. Now retracing 10% is expected, and I predict another 5% drop tomorrow and it should be back to healthy levels once again. Watched through the CCP presentation today and it seems they dont even know the specifics of stimulus to be put into action.
杨过20
:
The showdown has just begun, a clash of will and energy, a trade war, a technology war, a public opinion war... continues, the financial war has just begun... Persistence is victory, only by surviving today can we have tomorrow.
Chinese shares have surged since late September, fueled by a series of economic, financial, and market-support measures that have boosted investor confidence. The Hang Seng China Enterprises Index, which includes Chinese companies listed in Hong Kong, has soared over 35% in the past month, making it the top performer among more than 90 global equity benchmarks tracked by Bloomberg. The MSCI China Index also climbed 24% in ...
It is tough to invest at current levels as we feel a correction of at least 10 percent is on the cards. We could be very wrong though. Given the macro situation, we will stay defensive. On the other hand, we find the China markets to be of great value and should have discounted the armageddon situation. Therefore, risk reward is more favourable compared to S&P 500 at this juncture. www.thebigfatwhale.com #usmarket #stocks #stockmarket #chinastocks #economy $S&P 500 Index (.SPX.US)$$iShares FTSE A50 China Index ETF (02823.HK)$$NASDAQ 100 Index (.NDX.US)$
razo2
愿赌服输
:
he makes the crash look so small. when dot com bubble burst it took the US 10 years to come out of it. when the Japan real estate collapsed, they had a lost decade. people that bought stocks only recovered their initial investment 10 year later. if you put the money in the bank with 3% interest annually you won't be at break even after 10 years.
China’s economy is expected to grow 4.8 per cent in 2023, at a time when its global peers are grappling with the dual threat of elevated inflation and slowing growth. Beijing’s loose monetary policy, which contrasts with a hawkish Federal Reserve, as well as a softening stance on private businesses, may offer Chinese shares an extra tailwind. Chinese firms’ cheap valuations also stand out. At about 10.6 times its 12-month forward earnings estimates, t...
Translated
3
1
Report
YC Xiao
:
Today almost all shares are green. Considering to sell those already gained 30%. China jiayu!
slagyearn : how about tigr
RandomTrader_ : imo this is a good and healthy correction. The chinese madness had to stop somewhere, since it surged 20% in less than a week. Now retracing 10% is expected, and I predict another 5% drop tomorrow and it should be back to healthy levels once again. Watched through the CCP presentation today and it seems they dont even know the specifics of stimulus to be put into action.
Bear Bear Craig OP RandomTrader_ : Same sentiments!
104174101 : Yes. Healthy correction
杨过20 : The showdown has just begun, a clash of will and energy, a trade war, a technology war, a public opinion war... continues, the financial war has just begun... Persistence is victory, only by surviving today can we have tomorrow.
View more comments...