China's stocks short-selling at a record high

Discussion in 'Trading' started by Nighthawk, Apr 14, 2020.

  1. Karin42

    Karin42

    It's quite natural, for several reasons. First, against the backdrop of the crisis, China's assets have fallen to their historical minimum, so there should definitely have been a return that I would have returned the price of the assets to the usual range. Secondly, in recent days there has been news that the situation in China is beginning to get better and that the fight against this wave of the virus is coming to its logical conclusion. Accordingly, we can say that the economic situation in the country will return to normal, and at the same time the value of not only the national currency, but also shares of companies, banks, etc. will strengthen. So, we will observe that correlations with the dollar will be especially interesting - at least, I think so.
     
    #21     Apr 20, 2020