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China has a great economy recovery in 2023. When US stock market recover, HK remain stagnant pulling ADRs back. Now HK market being manipulated downward even more. Some stock despite the company performing better sees a 30% to 50% short. Compared to no more than 10% short in US.
Almost like HK market is acting like pandemic times when in fact the economy is doing great.
Sometime maybe it just make more sense investing in US market. Since early last year, I had stop putting more money into China ADRs that potentially get pull back by HK manipulation. What a mess in China capital market.
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102332870 : u call China great economic recovery? With this poor state of housing mkt, any recovery will be muted.
JoejjOP 102332870: China still maintained a 5.2% gdp. look at retail, e-commerce and car sale. which part is not recovering?
71306996 102332870: Don't think about real estate; when it went up, ordinary people didn't make any money
102559790 : don't argue. pls buy more since it is damn cheap. pls buy more.
102559790 JoejjOP: China has high GDP in 2023. but if the country spend its money building water dams and road in remote places which does not generate productivity, it is an unproductive investment which China is prone to do. That is why high GDP but poor commoners livelihood is also happening in 2023. China's data is masked , unhalf told and sometimes worst, make up....be careful.
102559790 JoejjOP: watch this video to be surprised again by China's lies. China media says commoners have plenty of saving but not willing to spend . watch the video and see who u believe.
国内舆论出大事了！郎咸平，老梁一众专家集体唱衰中国经济。围殴白岩松，“老百姓有钱，但是不敢花！”（2024/01/10）
Falling angel : I just came back from Chengdu, China last week. It was quite impressive actually, the city has improved so much as compared to 6 years ago when I last visited. They might not be doing that good as per the official statistics, but they are definitely not doing that bad as per those Youtube videos. I think its major challenge is not the economic growth but the conflict with the west, of which the western funds have left the country.
JoejjOP Falling angel: exactly. they can tell all kinds of reasons but car sales and retail figure cannot lie.
VvVGV : OK, there will be a lot of layoffs at the end of the year
下一个十年的雷熊 Falling angel: I still want to buy some leading Hong Kong stocks
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