Most have pulled out of HSI or China Market with much unhappiness, disappointment and anger. The Chinese Government has failed to shore up the economy and stock market and big institutional firms have sold or pull out large funds away from China.
Another 300 points down today , red and more red like the blood flowing out of a body, slowly but surely. So many retail investors have lost money and those who leveraged had it worse, cursing the hell at every opportunity. A visit to many chinese social media would receive tons of negative news about the stock market, property, loss of confidence ,etc.
My overall portfolio would be in double digit growth had it not been pulled down by some of my China holdings.
While lately, there are some corporate buybacks but the outflow seems much more than the inflows.....
Nobody knows what's on the sleeves of the CCP and how they intend to salvage this situation or not at all. Some speculate like the Japanese market falling into the doldrums for 30 decades, China may face the same fate as well , maybe shorter. The signs are there - collapsing property market, deflationary enviroment, weak stock market,etc.
Let's pray for a miracle
Another 300 points down today , red and more red like the blood flowing out of a body, slowly but surely. So many retail investors have lost money and those who leveraged had it worse, cursing the hell at every opportunity. A visit to many chinese social media would receive tons of negative news about the stock market, property, loss of confidence ,etc.
My overall portfolio would be in double digit growth had it not been pulled down by some of my China holdings.
While lately, there are some corporate buybacks but the outflow seems much more than the inflows.....
Nobody knows what's on the sleeves of the CCP and how they intend to salvage this situation or not at all. Some speculate like the Japanese market falling into the doldrums for 30 decades, China may face the same fate as well , maybe shorter. The signs are there - collapsing property market, deflationary enviroment, weak stock market,etc.
Let's pray for a miracle