China crackdown might be ending soon, those shorting China stock be careful
some completed:
https://www.channelnewsasia.com/business/china-cleanup-non-compliant-wmp-securities-basically-complete-official-says-2437871
some seems like going to start again:
https://www.channelnewsasia.com/business/chinas-xi-calls-measures-against-unhealthy-development-digital-economy-2438116?cid=internal_mcdrecs_16012022_cna#mdcrecs_s
https://www.channelnewsasia.com/business/china-cleanup-non-compliant-wmp-securities-basically-complete-official-says-2437871
some seems like going to start again:
https://www.channelnewsasia.com/business/chinas-xi-calls-measures-against-unhealthy-development-digital-economy-2438116?cid=internal_mcdrecs_16012022_cna#mdcrecs_s
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ATS A trade sniper : ccp anytime out to announce new crack down laws for clc n another cycle of selling hohoho
doctorpot1OP ATS A trade sniper: yea that's why need to be careful. Once they say crackdown done. you see those survive de will fly man. like what happened to Alibaba that time
ATS A trade sniper doctorpot1OP: ali did not fly it climb few steps n then sliding again Hohoho
老Uncle ATS A trade sniper: hehehe your put crying ah? will not let noti u win. showhand hoot u
doctorpot1OP ATS A trade sniper: it did fly ah. 12 April 2021, kena fine 2.8b, share price fly but after a while another crackdown started so go back down hahahahhahaa. the worrying part about stock flying is about being margin called, even if it is just 1 day, can just lose everything. https://www.cnbc.com/2021/04/12/alibaba-shares-jump-after-2point8-billion-fine-anti-monopoly-fine.html
ATS A trade sniper doctorpot1OP: 10p u say fly, many stock also hav 10p up then 15p dwn hohoho
Fundamentalist : So will be shooting up above 200?
doctorpot1OP Fundamentalist: depends on what the result is? if nothing happen at all maybe can go back up but highly doubt will be at 200 (cause investor probably will discount the company for future regulator risk). If crackdown ended and kena ban in China, that is another story hahahaha.
tinymonster87 : No need to short .. It will just burn and crash ..
Alibaba does not reinvent itself it’s screwed.
doctorpot1OP ATS A trade sniper: Hahaha 1 days 10points not bad ma hahhaha. need keep some for rocketing, mooning, mars-ing, etc hahahahhaa
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