Hang Seng Index meltdown again: Down 3% by mid-day

[Chase]

Hong Kong Stocks End Morning Down More Than 3%​

https://www.barrons.com/news/hong-kong-stocks-end-morning-down-more-than-3-68b038d1

 

[Boonsiong]

Easily melt down, same as China 玻璃心

 

[CoffeeAhSoh]

Looks bad indeed ,

.

 

[RiderX]

Market goes up and down, just another transfer of wealth to whoever long or short positions.

 

[congo9]

With Xi in charge...
China's economy is doomed.

 

[congo9]

Like that these volatility is good for China and the rich people.

 

[Narong Wongwan]

Meanwhile Nikkei and Dow Jones hitting record highs haha
Trust the Cb Tiongs to fuck something up

 

[Chase]

Meanwhile Nikkei and Dow Jones hitting record highs haha
Trust the Cb Tiongs to fuck something up

RMB and HKD are almost par (about 8% difference) now.

Hong Kong's foreign reserves is about 30% of China's, enough to patch their hole. There have been speculations that HKD will eventually peg with RMB before a major war.

Black Swan

 

[Chase]

Like that these volatility is good for China and the rich people.

China people now play cryptos, made a lot of money and freely shift their $$$ overseas.

Most of the major crypto-exchanges, including those in Singapore are backed by the Chinese.

 

[k1976]

Easily melt down, same as China 玻璃心

U see Joey here, u know where the HK mass public heart are heading loh

 

[Boonsiong]

U see Joey here, u know where the HK mass public heart are heading loh

Joey is baby kangaroo is it

 

[Chase]

Easily melt down, same as China 玻璃心

Nikkei melt-up

40000pts now.

 

[k1976]

Nikkei melt-up

40000pts now.

Many savvy players tio burn by options?

 

[k1976]

Tiagong, play sinki HDbee Pigeon Hole is best investment...also got a healthy and safety living environment

 

[laksaboy]

Just think of Hong Kong as another shitty mainland China city.

If you still play the Hang Seng, better get out while you still can.

 

[k1976]

Many savvy players tio burn by options?

In late Feb, alot Tiongkok savvy investors tio burn badly

 

[Chase]

Tiagong, play sinki HDbee Pigeon Hole is best investment...also got a healthy and safety living environment

opposition ward - $1mio soon
https://www.99.co/singapore/insider/sengkang-hbd-ath-march-2024/

 

[Chase]

Just think of Hong Kong as another shitty mainland China city.

If you still play the Hang Seng, better get out while you still can.

HK people usually rude.
now worse after covid.

 

[k1976]

opposition ward - $1mio soon
https://www.99.co/singapore/insider/sengkang-hbd-ath-march-2024/

Yeah....PS is holding our sinki bros to huat even higher if the ward is run by Boss John and friends, who is able to bring more value to the table