Chinese Stocks Crash 25%- Hong Kong Index reached 1996 Levels

[GeneralGogol]

https://www.forbes.com/sites/dereks...3rd-term-puts-market-on-edge/?sh=ef2ec806ad32
Could be a bargain if one believes that investing in dictatorships is a good idea...

 

[troubled soul]

Seems Market does not Like Xi re-election

 

[GeneralGogol]

azb1 said:
Seems Market does not Like Xi re-election
Click to expand...

Nope.

When you elect an insane dictator without any checks and balances (zero Covid policy.... LOL), that's what you get.
A crash worse then the Dotcom crash and it's amazing that almost nobody is talking about it.

If you bought the Shanghai stock index in 2001 and held until now you made less than 1% per year...

Can't wait to see how the world reacts when he tries to invade Taiwan, we are going to see -90% on the Chinese index.
Let's hope he learns from Putin's mistake and doesn't attempt it (but I doubt)

 

[RealDude]

New World Order 😉

 

[GeneralGogol]

RealDude said:
New World Order 😉
Click to expand...

Yeah, China is going to be the first world leader with zero foreign investments, and with full lockdown on all their cities until 2060. 😀

Where are all the "covid" conspiracy people whining about lockdowns? China STILL HAS full lockdowns right this moment and nobody is talking about it suddenly
https://www.aljazeera.com/economy/2022/10/31/china-locks-down-millions-as-cases-rise-ahead-of-winter