$NIO Inc (NIO.US)$$PDD Holdings (PDD.US)$$JD.com (JD.US)$$Fu...
$NIO Inc(NIO.US$ $PDD Holdings(PDD.US$ $JD.com(JD.US$ $Futu Holdings Ltd(FUTU.US$ $Alibaba(BABA.US$ $iQIYI(IQ.US$ Half of Shanghai now has to undergo Covid test to determine the spread of Covid in Shanghai.
If a new lockdown were to be imposed China stocks and market could again drop to what it was weeks ago eliminate all gains ot achieve the last 3 weeks.
China could instead conduct even more drastic, frequent massive test and sending covid patients to quarantine centers.
Or perhaps they would just go back decades of economical gain and start locking down possibly causing massive unrest along the way.
What do you think would happen? Would China choose to again lockdown Shanghai?
If a new lockdown were to be imposed China stocks and market could again drop to what it was weeks ago eliminate all gains ot achieve the last 3 weeks.
China could instead conduct even more drastic, frequent massive test and sending covid patients to quarantine centers.
Or perhaps they would just go back decades of economical gain and start locking down possibly causing massive unrest along the way.
What do you think would happen? Would China choose to again lockdown Shanghai?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
BL 88 : Shanghai will lock down not because of the resurgence of covid but it is but for political purpose.
To worsen the world inflation and to instill China position as a super power house who can dictate the world economy.
Bunch China idiots!
KongWeePeh : Only few district lock down lar. Key industries still run in full power.
JoejjOP KongWeePeh: At this point its a gamble. If the 2 days of lockdown. Shanghai can find enough reasons not to have large scale lockdown, I think the stock will go up again. If not, we might see much lower.
JoejjOP KongWeePeh: I think so too.