China stock market in free fall....no one paying any mind.

Discussion in 'Wall St. News' started by S2007S, Jan 16, 2024.

  1. mervyn

    mervyn

    how much money you lost in china stocks
     
    #41     Jan 22, 2024
  2. mervyn

    mervyn

    why would ccp cares about shareholder returns? call powell
     
    #42     Jan 22, 2024
  3. mervyn

    mervyn

    i don't have problems with china. it is ovbiously we lost them since trump, they are now creating their own rules, and they are everywhere to sell their manufactured goods, not much services though.

    stuff they made are inexpensive because the rest of the world are not wealthy and can't afford it.
     
    #43     Jan 22, 2024
  4. Picaso

    Picaso

    Pick a date about 10-15-20 years ago. Put imaginary-USD 100,000 in US index of your choice, convert imaginary 100,000 USD to imaginary-RMB at that date's rate and invest in China index of your choice. Price both investments today. Convert RMB to USD at today's rate. How many-fold would the investment in China have to grow to match the one in the US? x5, x7, x10?
     
    #44     Jan 22, 2024
  5. Zwaen

    Zwaen

    Out again
     
    #45     Jan 22, 2024
  6. mervyn

    mervyn

    bought 2k shares at 5.81 pre-open, rsi is getting oversold, i'd accumulate.
     
    #46     Jan 22, 2024
    Zwaen likes this.
  7. Zwaen

    Zwaen

    Nice entry point, would need to work the smaller fluctuations for a larger position
     
    #47     Jan 22, 2024
  8. I am bearish on Baba since it crashed through 200. Never traded anything else China related. Don't touch the Wild East. How much did you gain in comparison with long China?
     
    #48     Jan 22, 2024
  9. mervyn

    mervyn

    Bought baba when it went public, and exited at 120. Longed SMIC when the new CEO was executing the expansions vs TSMC, not to mention bunch china related US tech names like Apple NVDA AMD. But now I can’t even trade HSI index fund on IBKR since Trump went to war with them, probably close to 1m realized profits over the last two decades.

    Buy the dip.
     
    #49     Jan 22, 2024
    Zwaen likes this.
  10. Zwaen

    Zwaen

    I asume you have a larger (fundamental) timeframe in mind? Like 1-2 years, or even longer?
     
    #50     Jan 22, 2024