Like Tree28Likes

Hang Seng Index: how low will it go?

Closed Thread
Page 8 of 8 FirstFirst ... 5 6 7 8
  1. #71

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,963

    Doubled today to 1.6 beeelion



    The Hong Kong Monetary Authority bought $1.6 billion on Wednesday at HK$7.75 a dollar, the upper limit of a band that triggers intervention, according to the authority’s page on Bloomberg. It intervened on Tuesday for the first time since April, buying $2 billion in total. The Hong Kong dollar traded at HK$7.75 as of 6:26 p.m. local time, according to data compiled by Bloomberg.

  2. #72

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,963

    Cannot find the article on Bloomberg explaining how China is going to have to stop throwing money at the problem, it's 4 Trillion dollar reserve does not look so big.

    Also a good article on Bloomberg about quantitative 'tightening'

    Makings of a perfectish storm.


  3. #73

    Join Date
    Nov 2014
    Posts
    853
    Original Post Deleted
    So, what does all this mean? What to expect in the near and not so distant future???

  4. #74

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,963

    Bloomberg - China Just Killed the World's Biggest Stock-Index Futures Market

    China Just Killed the World's Biggest Stock-Index Futures Market - Bloomberg Business


Closed Thread
Page 8 of 8 FirstFirst ... 5 6 7 8