Clearly, the global markets are currently focusing on the china market. Many have been saying that it is because of the statement released from the CCP Politburo. To me? Haha, no it’s not, it is also not because it is “undervalued”. If you look at the charts, the entire market has been muted for so long with little to no momentum for more than 2 years. Let’s face it, investors who have dabbled with china stocks via the HK or US market would most probably be hurt by it at some point. Much worse for those who have bought in since many HK-linked ETFs IPOed.
Now, this post is not about what we should be doing but rather how we should react to it since the market has so called “awakened”. In today’s post, we will go straight to the point and list the reactions towards the current situation of Chinese stocks...