Posted on 02/05/2024 3:07:22 AM PST by davikkm
In a startling turn of events, China's stock market faces unprecedented turmoil as nearly 30% of all stocks come to a grinding halt, with small caps limited down in an alarming 8% freefall within a matter of hours. This financial upheaval sparks concerns, hinting at an impending storm in the Chinese market.
The tumultuous scene unfolds with Chinese stock market indices experiencing significant disruptions:
CSI 1000: -8% Star 50: -5% Beijing 50: -4% Shenzhen: -4% Shanghai Composite: -3% However, amidst the chaos, the CSI 100 and Hong Kong 50 indices, representing Chinese large caps, oddly remain in positive territory. The paradoxical situation raises eyebrows as Chinese small cap stocks crumble while their larger counterparts appear unfazed.
(Excerpt) Read more at citizenwatchreport.com ...
this signals war.
Maybe not. Wars are expensive. And, frankly China is not the military juggernaut it appears to be. Everything is smoke and mirrors with China. They had a choice between slow growth and true strength or fast growth and the mere appearance of strength. They chose the latter.
CC
I was recently assured that the US stock market only goes up and never goes down. So I guess I’m not worried about trouble in China impacting us.
Predicted by Peter Zeihan:
//youtu.be/9AV3vCPB5nY?si=cbB8aEDwu1V_jbWl
Many of the investor classes in China have never seen a Bear Market. They bought the propaganda that China only going to get greater and dominate the West. You can see that idea in the name of companies,China Ever right, for example
I hate this tablet. China Everbright is the company I was referring to.
Believing your own propaganda is a sure route to failure.
CC
History of homo sapiens—get overconfident and greedy—wait a while—and then get burned.
I guess growth is only going to be 8% this quarter. //sarcasm
China is an excellent example of what Democrats want to bring the USA down to.
Government rule and the government is staffed by idiots and
corrupt people.
China fails as will we, due to Government regulation by the party.
At least we Americans have guns and that slows down the Democrats.
Maybe our “border deal” can save it.
It is much to early to know for certain.
One thing is certain. The information which comes from the Chinese government is likely to be less reliable than the U.S. government, which is far from reliable. Both are subject to manipulation for political ends.
It’s now a “world” economy, and what effects one of the “bigs” effects all to some extent. What’s coming was inevitable as world leaders embraced more and more destructive policies. Interesting times are upon us.
Made in CHYNA. No thanks. $pend wisely.
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The paradoxical situation raises eyebrows as Chinese small cap stocks crumble while their larger counterparts appear unfazed.
Hmmm kind of like what our banks are doing.
Giant global funds and manufacturers are turning away from China. A combination of capital exit and demographic time bomb.
The Central Committee didn’t take into account how quickly things can change direction.
Maybe killing a generation of women wasn’t such a great idea after all.
Their real estate market is plummeting. It was a huge Ponzi scheme. So much so that buildings were being built on the cheap to get rich, now they’re literally collapsing. Massive high rise housing structures that can’t be lived in, sitting there, empty.
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