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HSI / 2800 - Ups and Downs

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  1. #101

    Join Date
    Feb 2016
    Location
    Faroe Islands
    Posts
    2,209

    I'm a kiwi bird, of course I'm cute

    tropic likes this.

  2. #102

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,964

    Gotta love all the spin the bankers are putting on this ...

    Tai Hui, JPMorgan Asset Management’s APAC chief market strategist, said a combination of factors has been driving the Hong Kong market recently, including higher U.S. Treasury yields.

    Investors may also have expected policy measures to be announced during the Communist Party of China’s 20th National Congress, which closed over the weekend with President Xi Jinping loyalists tapped to form a core leadership group.

    “Since the meeting is mostly about personnel changes, the economic recovery might not come as soon as we have hoped,” Tai told CNBC in an email.
    https://www.cnbc.com/2022/10/24/asia...omic-data.html

  3. #103

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,964
    Original Post Deleted
    Esp for grave dancers who are so spot on...

  4. #104

    Join Date
    May 2021
    Posts
    1,733

    For the record, HSI closed at @15180 today, down 1030 points (6.36%), 13yrs low on resounding news of the great paramount leader's becoming Emporer for life..

    No longer falling knife, more like a Saw..


  5. #105

    Join Date
    Jun 2011
    Posts
    1,693
    Original Post Deleted
    I scrolled through expecting some outrageous calls, but honestly cant even find a single post which is close to gold. I did find the above though which seemed funny and correct. Having a banker who is always wrong can be more valuable than a good one, as long as you know who's who.

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