Ouch... Looks like China's headed toward a recession... Not good for business...
http://finance.yahoo.com/q?s=^hsi
http://finance.yahoo.com/news/asian-shares-retreat-greece-china-003203939.html
9 replies (most recent on top)
Slowing domestic growth, margin debt (still) thru the roof, and (still) ridiculously inflated P/E numbers. Sounds like the gamblers ruin problem. You'll break even someday
Anonymous113725, a patriotic crash? Ha! All is well, just 40% decline for dear leader
@113667. You have a problem with eating dog? I hope you have one, cause I want to eat it.
China's market is fairly fluid due to government controls. If the government feels a correction is necessary to make China more competitive, there is no better time than now, when the rest of the world is experiencing similar conditions.
China's market is fairly fluid due to government controls. If the government feels a correction is necessary to make China more competitive, there is no better time than now, when the rest of the world is experiencing similar conditions.
It's built on leverage. There are no more greater fools to buy the Party Line. What kind of "market" has most securities frozen/suspended? #thebigshort
I don't see why it is headed for recession, you read too much financial hype. Their stock market is still up year to date which is better than I can say for the US stock market.
China will be the next Japan. Multi year recession with wide spread sexual deviantism. Plus dog eating contests to lighten the mood.
the poor old banana stand vendor trading on margin. Talk about THE BIG SHORT. A-Shares ETFs, baby.