1. Tuesday: China’s stimulus measures announced by the National Development and Reform Commission (NDRC) lacked detail and were seen as underwhelming by many investors. 2. Saturday: There is renewed optimism after the Ministry of Finance held a press conference announcing the following new policies: • Allocate 400 billion yuan (US$56.57 billion) from the local government debt balance limit to expand local financial resources. • Tap into an unused bond quota of ...
102180832
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The observation is the ccp seems to have much inferior finance tactics in reviving their economy , 10 years ago the Chinese are so boastful of their future . Today their youth do but even seem a glimpse of future
151872513
102180832
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It has always been like that under a communist regeme. They have slow feedback from the market, by the time they understand what it needs they will need to undo a whole lot of changes. What the communist regeme is good at is rapidly develop an industry out of nowhere, whether it ia EVs, semiconductors, commericial planes etc...as they can direct a nations wealth into a few sectors. But yeah, your point is totally valid.
102180832
151872513
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This time it’s totally different . No western countries want to invest in China anymore in its stock market . There are major political overtones . If one nation is so ambitious to take everything on the table and there is no negotiation, everyone else will oppose you . And the Chinese themselves are also killing themselves that their youth are also seeing a bleak future not to participate in the work till you die mentality
151872513
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I live in a western country for my entire life and I am pro democracy, but I got to be fair. it is the western countries that refuse to negotiate. These sanctions and tariffes were the results of shutting down any negotiation attempts. As for the youths, they were actually destroyed by one child policy. Due to the culture is more family orientated than the individualism in western societies, parents there are willing to provide their children with more financial support and put up with their detachment from reality. The youths there refuse to take up any factory jobs despite there is a shortage of skilled labour in China because they can always fall back on their parents. Their parents generation basically went into voluntary slavery in the 80s and 90s to work for US and European businesses that set up shop in China just to survive because they had nothing to fall back on. Put it this way, my father is Chinese he had 4 other siblings, his oldest brother left home at the age of 15 to find work and forced to become independant. Because my grand parents couldn't afford to feed him anymore. My father was the fortunate one that got to leave at 18. Image if all of them stayed home till their 30s and refused to work in labour jobs.
Just yesterday, I shared to all investors to be cautious about Chinese stocks, and today’s market action proves that concern was justified. Despite a strong opening after the Golden Week break, China's stock markets took a sharp nosedive, with the Hang Seng Index suffering its worst fall since 2008, plunging a staggering 9.4%. ⚠️ What Happened? 🤔 Stimulus Hype: 🚀 Before the break, aggressive stimulus measures were announced, causing a 25% rally in t...
$Weibo (WB.US)$ next week when China returns from holiday. Typically, in these environments, a lot of family talks about getting rich in the stock market. 🐒 see monkey do.
As a part of my daily work as an equity sales, I have the chance to look at thousands of investors portfolio from various walks of life, ranging from 3 figures to 8 figures. The shocking fact is that majority of them is still losing money despite some having “Years of experience in the market”. Below are some of the things that made me understand much deeper about trading/investing through my work and I hope can provide some valuable insight...
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sociable Dingo_8604
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Well said @Brianjh I totally agree with all the above especially 1, 5, 6 & 8. They resonate with me and my thoughts. I need to save this post
102180832 : The observation is the ccp seems to have much inferior finance tactics in reviving their economy , 10 years ago the Chinese are so boastful of their future . Today their youth do but even seem a glimpse of future
151872513 102180832 : It has always been like that under a communist regeme. They have slow feedback from the market, by the time they understand what it needs they will need to undo a whole lot of changes.
What the communist regeme is good at is rapidly develop an industry out of nowhere, whether it ia EVs, semiconductors, commericial planes etc...as they can direct a nations wealth into a few sectors.
But yeah, your point is totally valid.
102180832 151872513 : This time it’s totally different . No western countries want to invest in China anymore in its stock market . There are major political overtones . If one nation is so ambitious to take everything on the table and there is no negotiation, everyone else will oppose you . And the Chinese themselves are also killing themselves that their youth are also seeing a bleak future not to participate in the work till you die mentality
151872513 : I live in a western country for my entire life and I am pro democracy, but I got to be fair. it is the western countries that refuse to negotiate. These sanctions and tariffes were the results of shutting down any negotiation attempts.
As for the youths, they were actually destroyed by one child policy. Due to the culture is more family orientated than the individualism in western societies, parents there are willing to provide their children with more financial support and put up with their detachment from reality. The youths there refuse to take up any factory jobs despite there is a shortage of skilled labour in China because they can always fall back on their parents.
Their parents generation basically went into voluntary slavery in the 80s and 90s to work for US and European businesses that set up shop in China just to survive because they had nothing to fall back on.
Put it this way, my father is Chinese he had 4 other siblings, his oldest brother left home at the age of 15 to find work and forced to become independant. Because my grand parents couldn't afford to feed him anymore. My father was the fortunate one that got to leave at 18.
Image if all of them stayed home till their 30s and refused to work in labour jobs.
TWeiT : The stimulus are coming in drips and pieces. Lacking the impact market needed.
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