tag:blogger.com,1999:blog-17473688.post4150239493063930402..comments2024-03-28T17:31:22.152+08:00Comments on My Singapore News: Shanghai and Hongkong stock exchanges, a time to learn the hard wayChua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger28125tag:blogger.com,1999:blog-17473688.post-4991015985142921032015-07-10T00:53:39.486+08:002015-07-10T00:53:39.486+08:00chinese govt is merely testing their " free ...chinese govt is merely testing their " free market" theory on their stock market.(pilot test)<br /><br />it just prove that free market dont works in CHINA<br /><br />1. herd mentality<br />2. irrationality<br />3. they seek for short term gains ( gambling) , not long term gain( dividend)<br /><br />conclusion - china need to maintain certain degree of control over their market.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-8517264113027444932015-07-10T00:34:51.796+08:002015-07-10T00:34:51.796+08:00Redbean, sorry this time has to disagree with you ...Redbean, sorry this time has to disagree with you on China bubble:<br />1. The Chinese government was fueling and cheering the stock bubble despite slowing economy and an over-priced and extended property market. Not foreigners or outside sharks as you thought.<br />2. 90 million retail herd speculators allowed to buy stocks on leverage. Sheer madness! The financial authority was sleeping or Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-16099037017989612922015-07-09T17:39:43.375+08:002015-07-09T17:39:43.375+08:00
Haha Patriot kaput !<br />Haha Patriot kaput !Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-57491400041348049112015-07-09T15:34:06.363+08:002015-07-09T15:34:06.363+08:00The Chinese Govt is fighting back with all they go...The Chinese Govt is fighting back with all they got. Shanghai is now up 203 points while Hangseng is up 941 points. It was up more than 1000 point earlier.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-37296596596788005372015-07-09T14:37:07.135+08:002015-07-09T14:37:07.135+08:00Woah Patriot missile shot down and destroyed. Woah Patriot missile shot down and destroyed. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-65066693771097894982015-07-09T11:58:49.702+08:002015-07-09T11:58:49.702+08:00Stock markets are BIG casinos!
Very few became ri...<br />Stock markets are BIG casinos!<br /><br />Very few became rich. Many many went under!<br /><br />十赌九输! Yes 十赌九输! <br /><br />Don't touch and sleep soundly at night!<br /><br />Cheers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-69023932649441045622015-07-09T10:57:51.038+08:002015-07-09T10:57:51.038+08:00With the Chinese mkt tanking and the old hundred s...With the Chinese mkt tanking and the old hundred surnames ( 老百姓) savings wiped out, how many still have enough dough to visit the casinos? Won't be surprised summer in sin city but winter in its casinos. .... Talk abt Chinese tourists? Are u in illusion? Very soon the figures will be back to 10m and below, the numbers before sin city start taking steroids ...... oops. .... should be start Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-65015255270602387772015-07-09T10:51:19.188+08:002015-07-09T10:51:19.188+08:00It is war of a different kind.
RB 10:43 a.m.
Does...It is war of a different kind.<br />RB 10:43 a.m.<br /><br />Doesn't matter what kind of war lah, as long as China remain peaceful without another Tiananmen incident, and the Chinese continue to make money, and the rich ones come here to gamble, spend or park money, and doesn't matter what kind of money.<br /><br />As the late Teng Xiao Ping had said: Doesn't matter black cat or whiteAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-7433311492301232952015-07-09T10:50:55.852+08:002015-07-09T10:50:55.852+08:00In this market, who has metal gloves to catch fall...In this market, who has metal gloves to catch falling knives ....... no raining knives, swords, darts .......Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-85009442418794018812015-07-09T10:48:32.828+08:002015-07-09T10:48:32.828+08:00Ha ha ha ....... hope is not dead cat bounce ........Ha ha ha ....... hope is not dead cat bounce ....... good luck ......Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-29710544840778570462015-07-09T10:43:38.140+08:002015-07-09T10:43:38.140+08:00With the media and news pronouncing the end of the...With the media and news pronouncing the end of the China market, and Hongkong falling as collateral, Shanghai is now +33 and Hangseng +789. It is a big battle and a lot of factors and forces are involved. It is war of a different kind.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-71080754565479132242015-07-09T10:41:49.025+08:002015-07-09T10:41:49.025+08:00What is happening to China is a repeat of our bull...What is happening to China is a repeat of our bull run in 1993/4.<br />RB 10:04 a.m.<br /><br />Ya lah, but have we not prospered since our bull run in 1993/4?<br /><br />If we can, China will also can what, so what is there for China to learn from our experience? It's just a matter of up and downs, and up again, as typical of stock markets. And win and win again, as typical of PAP every Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-71475200508409547712015-07-09T10:37:51.586+08:002015-07-09T10:37:51.586+08:00Most people don't like falling prices.
So I m...Most people don't like falling prices.<br /><br />So I must be different: I luuurrrrve falling prices! People clamoring, stampeding in mass panic for the exits when there are no buyers, which then results in a free fall in prices----wah lau, <b>this makes my DICK HARD lah.</b><br /><br />When prices of stuff you like fall to ridiculously low levels, you can pick up the stuff you like for damnⓂatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-48831458945763257512015-07-09T10:23:15.135+08:002015-07-09T10:23:15.135+08:00Rb, thank you for reminding some DAFF, ignoramus ...Rb, thank you for reminding some DAFF, ignoramus and patraitors not to believe everything they hear from CCTV or Mediacorpse. Listening to them is akin some parents who listened to some sickos and egoistic megalomaniac bent on scoring brownie points and sent their children on Via Ferrata and Walk the Torq need to sign 生死状expedition with the Sabah police authority at the foot of Mt KK. If Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-6818958234838279972015-07-09T10:08:27.703+08:002015-07-09T10:08:27.703+08:00U claimed nonentity but call yourself patriots but...U claimed nonentity but call yourself patriots but cannot save the cuntry much less the world and calling an anonymous entity to save the world. In the first place dun put words in an anonymous mouth that anonymous have any intention to save the world or have any expertise in economics or anything else. Anonymous know peanuts about economics or anything else but enough to know some people know Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-39556958718449254182015-07-09T10:04:39.845+08:002015-07-09T10:04:39.845+08:00Don't believe anything you read about out mark...Don't believe anything you read about out market. It is dying and in a state of denial.<br /><br />What is happening to China is a repeat of our bull run in 1993/4. I thought they would have learnt from our experience and would not repeat allow history to repeat itself. They did not learn anything. <br /><br />Hope there is a second chance and they take this lesson seriously, though very Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-43910701792818267432015-07-09T10:00:43.328+08:002015-07-09T10:00:43.328+08:00Building bubbles is like athletes taking steroids....Building bubbles is like athletes taking steroids. U get the initial short term boost. But long run the price to pay is so heavy it will wreak the economy just like steroids will definitively wreak the athletes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-10572124470832324562015-07-09T09:58:06.656+08:002015-07-09T09:58:06.656+08:00Me not talking about economy per se.
Just parrotin...Me not talking about economy per se.<br />Just parroting both sides of the Experts.<br />Neither do I trust any experts anywhere in any field. There are too many experts ruining the World.<br /><br />As a whole, I do not need any expert myself being a nonentity.<br /><br />Thank You much and Your Expertise in Economy and in Other Areas hopefully will save many people if not the World.<br /><br />patriothttps://www.blogger.com/profile/02012654183813005452noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-3557350676753235822015-07-09T09:48:48.606+08:002015-07-09T09:48:48.606+08:00Patriots, u talking about economics? U know what ...Patriots, u talking about economics? U know what is national income accounting, how GDP is computed? The circular income flow in a national and international economy, the various injections and leakages in an economy? The various fiscal policies, monetary policies etc ... What is the liquidity trap? Paradox of thrift? The J curve, modern Phillips curve, Okun's Law, Mundell-Fleming model Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-82376029815511148522015-07-09T09:46:41.297+08:002015-07-09T09:46:41.297+08:00Please lah, at the end of the day it has got nothi...Please lah, at the end of the day it has got nothing to do with "manipulators" or being Shanghai or HK per se.<br /><br />When a market is hot, people do silly things---like pump all their life savings into trades without any risk or money management in play.<br /><br />All bourses are more or less "open" to the world---so anyone can go long and short, anyone can spread Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-58904441594699224352015-07-09T09:40:37.383+08:002015-07-09T09:40:37.383+08:00Watching CCTV talking about CCP and their bourses ...Watching CCTV talking about CCP and their bourses is like watching Mediacorpse talking about ...... eh ..... Pay And Pay and ...... eh ..... casinos ...... eh ...... oops no ...... eh ....... Talk about daft or patraitors. .......Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-847416260343469052015-07-09T09:36:31.346+08:002015-07-09T09:36:31.346+08:00The most devastating blow is that after this finan...The most devastating blow is that after this financial meltdown, they have very little options to soak up the excess capacities in their economy. The next domino to fall is their employment and that's the biggest elephant in the room in ensuring stability in the Chinese society. After PBOC uses up their bullets in the coming months, they will be in the same situation like the Yankees in 2008/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-15457179636038950102015-07-09T09:34:23.876+08:002015-07-09T09:34:23.876+08:00Watched Chinese Experts debating about their Bours...Watched Chinese Experts debating about their Bourses on CCTVs. Majority are confident that Chinese Bourses are well govern.though a few debaters were offering very valid reasons of an impending meltdown. <br />In any case Sin Stock Index stands about its highest now and it was reported that trading volume was healthy and on the increase recently.<br /><br />Some Western Experts have said that patriothttps://www.blogger.com/profile/02012654183813005452noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-87765239442094312832015-07-09T09:30:17.538+08:002015-07-09T09:30:17.538+08:00This thing is likely going to end "very ugly&...This thing is likely going to end "very ugly" for the Chinese in the near and even middle term .....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-5762263258728619742015-07-09T09:28:37.848+08:002015-07-09T09:28:37.848+08:00With the gargantuan excess capacities in their inv...With the gargantuan excess capacities in their investment heavy economy and now huge chunks of the Chinese consumers losing their life time savings, how are the Chinese going to steer their economy away from export-led growth to consumption-led growth and digest the excess capacities popped up by huge loans and leveraging?Anonymousnoreply@blogger.com