Chitchat Temasek investment in chinaplunged

[SirRichard]

https://finance.yahoo.com/news/tiger-temasek-investors-scarred-china-210000015.html

 

[laksaboy]

Investment in China = throwing money into a black hole of scams.

Even the 'Red Cross' in China has nothing to do with the authentic International Red Cross organization, keep this in mind in lieu of recent watery events in mainland China and someone out there might pester you to donate to the 'motherland' for 'disaster relief aid'.

 

[borom]

Using our monies to buy high and sell low

 

[shittypore]

Using our monies to buy high and sell low

Buy high with nothing to sell.

 

[syed putra]

Same if you invest in india. Or indonesia before widodo.

 

[Loofydralb]

If you think china is a black hole, wait till you see the investments in india disappear through the wormhole.

 

[Rogue Trader]

Chinese government really has balls. They pulled the plug on these e-tuition companies before they harm the students. Neo liberal capitalism would have put profit before people

 

[Asterix]

Hang Them Index dropped more than 2,000 points in 2 days! Shiok ah!

 

[MaximiLian]

Hang Them Index dropped more than 2,000 points in 2 days! Shiok ah!

View attachment 117546

I’m calling a short term bottom at 24500. Confirmed plus chopped!

 

[blackmondy]

Winnie Xi is clamping down on tuition centres because he doesn't want too many uni grads liao. There's not enough jobs for them and currently many with degrees or even masters are doing food delivery. Those with good jobs are the ones with connections directly or indirectly with the CCPee.

 

[Asterix]

Heng ah! Never buy Ping An Insurance at 73, thought better wait for higher high and higher low before consider it. Till now, only lower highs and lower lows @ 64.95 now. Shiok!

 

[syed putra]

If you think china is a black hole, wait till you see the investments in india disappear through the wormhole.

This is what welfare state is for. Wealth sharing.

 

[laksaboy]

Looks like China will turn into Greater North Korea faster than expected.

Those of you gongkias who still have plenty of investments in the Tiong motherland... get out while you can.