Not so good news for China but institutions already long know about it.
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invest in good companies and they provided us good returns.
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102095561 : think now market not interested in delivery now just panic to sell china stock before country garden also bankrupt
Teck Wang Pang PaPaOP : those experiences investors will know what to do, those smaller investors will have one panic selling.
Teck Wang Pang PaPaOP : The public are always the last to know. Top investors, the powerful players all already have first hand info and had already execute plan B , so there are nothing to panic.
Cui Nyonya Kueh : mr teck , tesla toh until very jialat what happened
Teck Wang Pang PaPaOP Cui Nyonya Kueh: price war and discounts and Chinese Yen currency
also drop.. don't think every cars sold can make any profits.. even Li auto also drop to red and profit margins drop.
Teck Wang Pang PaPaOP : China's central bank steps up defense of renminbi - Nikkei Asia
Cui Nyonya Kueh Teck Wang Pang PaPaOP: now market all very red thanks to announcement. think we can only hold long term at the moment.