https://www.scmp.com/business/companies/article/3027729/investors-shorting-hang-seng-index-might-have-lost-much-hk124
China won again! George Soros had not learnt his lesson from the AFC. China used state agencies to prop up the HK stock market through the HK stock-connect route. Many foreign investors didn't understand that the HK stock-connect route was set up as an economic and political system. However, they've learnt this lesson now.
http://sg-stock.blogspot.com/2019/09/my-observations-of-hk-protests.html
ReplyDeleteNo wonder the organizers were having cash flow problems to fund the HK protests because their financial backers lost big time in the stock market.
Told all of you these few months best time to buy! Haha!
ReplyDeleteNot for get rich quick buggers. This is if you want to climb 2 or a few socioeconomic levels in the next 20-30 years.