strangecloud :
On a side note, China might be facing recession….consumers power dropping. Unemployment increases…hence demand for EVs may drop…I feel~ or it could be just correction from previous bull run…
Liftingmylifeup :
China and Covid plus communist government equals control of the population. Once Covid is finally over, if ever, this stock will run. Give it a year and chill. Then another year and another.
Joejjstrangecloud:
What recession? The only China recession is only caused by all the lockdown and control. If don't have these, China will be bull again.
71508734Joejj:
Ummm… all of the construction projects and companies seeing softer prices and hugely falling demand… biggest one needed a government bailout to avoid default. And knowing that the market for properties is like the stock market here in the US… that’s where folks park their cash to buy “investments”.
Joejj71508734:
Construction is to spur economic activity. There won't be a bailout. Just like Evergrande. Like I said, the "recession" is from all the lockdowns artificially. Not because like US where inflation needs correction.
strangecloud : All Chinese EVs are red…
bullshytOP strangecloud: and I wonder why...
strangecloud bullshytOP: So that we can buy the dip? Haha~ I wish I have more funds to buy the dip this time~ oh well~
strangecloud : On a side note, China might be facing recession….consumers power dropping. Unemployment increases…hence demand for EVs may drop…I feel~
or it could be just correction from previous bull run…
Liftingmylifeup : China and Covid plus communist government equals control of the population. Once Covid is finally over, if ever, this stock will run. Give it a year and chill. Then another year and another.
Joseph Wayne : Banks
no money
lol
Teck Wang Pang PaPa : https://cnevpost.com/2022/07/19/xpeng-stock-lags-nio-and-li-auto-whats-affecting-investor-sentiment/
Joejj strangecloud: What recession? The only China recession is only caused by all the lockdown and control. If don't have these, China will be bull again.
71508734 Joejj: Ummm… all of the construction projects and companies seeing softer prices and hugely falling demand… biggest one needed a government bailout to avoid default. And knowing that the market for properties is like the stock market here in the US… that’s where folks park their cash to buy “investments”.
Joejj 71508734: Construction is to spur economic activity. There won't be a bailout. Just like Evergrande. Like I said, the "recession" is from all the lockdowns artificially. Not because like US where inflation needs correction.