HANG SENG Index back at 1997 Levels ;)

[Frankie]

In just 27 years the CCP took a wonderful and ultra-successful city-state from British rule and turned it into a financial pariah. Well done, communism.
All the China lovers here may need to revise their predictions of "China going to rule the world" to 2050... or 2100 rof/%rof/%rof/%

Or maybe a generational opportunity to buy stocks at the cheap.. as long as they remain your stocks and not confiscated by the CCP 😉

 

[12345]

"Financial pariah"
It's not true, I recommend reading this article
https://www.asiancenturystocks.com/p/hong-kongs-death-has-been-exaggerated
Also in the short term the stock price doesn't reflect anything but momentum of the investor crowd, you need to pay attention to long term valuation to draw any conclusion

 

[JackAlabama]

12345 said:
"Financial pariah"
It's not true, I recommend reading this article
https://www.asiancenturystocks.com/p/hong-kongs-death-has-been-exaggerated
Also in the short term the stock price doesn't reflect anything but momentum of the investor crowd, you need to pay attention to long term valuation to draw any conclusion
Click to expand...

indeed. and most stuff i buy is from china.

 

[thomasparra]

I think you should understand the basics of capitalism and modern economics theory.

Get educated on this.

To use your example as a fallacy - look at CAC40. Barely two years ago it was lower than its peaks in 2000 and 2007. France I guess is doomed and ruined too then lol.