Chinese stock market just got hammered.

10-23-2022, 11:24 PM

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#1

ujelly
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Chinese stock market just got hammered.

The hang seng just dropped about 5 percent.

I got this feeling china is about to be in a world of hurt and Xi is gonna do something crazy also to rally his people.

10-23-2022, 11:32 PM

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#2

DevilMayRage

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10-23-2022, 11:41 PM

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#3

Masterchieffer
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I guess the largest country in the world by population run by 7 authroitarian leaders wasn’t such a good idea after all

10-23-2022, 11:42 PM

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#4

FentanylFloyd
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Bidens China

10-23-2022, 11:51 PM

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#5

8eggs
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As long as we keep buying their plastic crap they will soon out do us in every way....nothing will stop them except people just stop buying made in china everything.

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10-23-2022, 11:52 PM

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#6

SimplyFlacid
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Hopefully I make money tomorrow shorted Friday close

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10-24-2022, 03:26 AM

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#7

theory816
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I didn't even know they had a stock market, as we all know its a scammy invention made by the whites.

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10-24-2022, 03:38 AM

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#8

MotorCityCobra

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just lost 30k USD on chinese stocks. will never invest in china again srs

10-24-2022, 03:41 AM

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#9

olemo
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Originally Posted By MotorCityCobra⏩

just lost 30k USD on chinese stocks. will never invest in china again srs

LMAO there are obvious signs chinese economy is gonna explode.

U watch any of china news? china uncensored?

the gold area of chinese stocks is over, there economy wont open up either.

10-24-2022, 03:55 AM

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#10

Samraiwise
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You mean "Chinese stuck market".

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10-24-2022, 04:32 AM

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#11

katya422

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Originally Posted By 8eggs⏩

As long as we keep buying their plastic crap they will soon out do us in every way....nothing will stop themexcept people just stop buying made in china everything.

- lack of cheap energy
- lack of cheap materials
- lack of cheap labor

Originally Posted By MotorCityCobra⏩

just lost 30k USD on chinese stocks. will never invest in china again srs

Um, you knew that real estate speculation was THE main investment for Chinese people because their stock market was crap right?

Originally Posted By olemo⏩

LMAO there are obvious signs chinese economy is gonna explode.

U watch any of china news? china uncensored?

the gold area of chinese stocks is over, there economy wont open up either.

Plenty of speculation that they are continuing their draconian "zero covid" policy to keep a lid on the situation. Last "bad news for China" thing I saw was re:drought and a lack of drinking water.

Oh, also Biden/the US is attempting to prevent China from accessing level 2 and level 3 computer chips necessary for applications more advanced than say, a smartwatch.

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10-24-2022, 04:44 AM

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#12

DontbeSwak
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10-24-2022, 05:50 AM

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#13

LogicalLifts
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JFL if you invest in China, especially after the 20th Congress.

Absolutist regimes leave only one winner - they execute and "disappear" folks at will. Atrocities and war crimes carried out against their own people.

Ugh, China.

10-24-2022, 06:10 AM

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#14

leafs43
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China will just point guns at their own people to produce and use those guns on people who do not.

10-24-2022, 06:18 AM

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#15

leafs43
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Originally Posted By exterminatenazi⏩

You have a hilariously warped view of how China works.

You mean the CCP won't protect their mandate from heaven to maintain absolute authoritarian control by cracking a few skulls?

10-24-2022, 06:21 AM

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#16

Guyfawkes1010
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Originally Posted By katya422⏩

- lack of cheap energy
- lack of cheap materials
- lack of cheap labor

Um, you knew that real estate speculation was THE main investment for Chinese people because their stock market was crap right?

Plenty of speculation that they are continuing their draconian "zero covid" policy to keep a lid on the situation. Last "bad news for China" thing I saw was re:drought and a lack of drinking water.

Oh, also Biden/the US is attempting to prevent China from accessing level 2 and level 3 computer chips necessary for applications more advanced than say, a smartwatch.

Originally Posted By LogicalLifts⏩

JFL if you invest in China, especially after the 20th Congress.

Absolutist regimes leave only one winner - they execute and "disappear" folks at will. Atrocities and war crimes carried out against their own people.

Ugh, China.

Zero covid was about Xi laying the smackdown on a group of elitest govt officials that control Shanghai. It was to hurt them, had nothing to do with covid.

And he just disappeared the previous party leader who was part of his oppositional party.

10-24-2022, 06:28 AM

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#17

DesiredUserphag
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Winter is coming. People will die.

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10-24-2022, 07:16 AM

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#18

Scarrdbutsmartr
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Originally Posted By DesiredUser****⏩

Winter is coming. People will die.

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10-24-2022, 07:17 AM

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#19

Destor
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Have we seen peak China?

10-24-2022, 07:24 AM

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#20

Scarrdbutsmartr
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Anyone that thinks an economy that allows 50-60 GHOST CITIES to be built isnt living on borrowed times should reconsider.

A healthy economy thats based upon reality does not allow this type of behavior..Its not a little red flag its a massive red flag thats been waving for a decade.

10-24-2022, 07:34 AM

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#21

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10-24-2022, 07:36 AM

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#22

mcdojo
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Originally Posted By MotorCityCobra⏩

just lost 30k USD on chinese stocks. will never invest in china again srs

Chinese stocks were good if you got in early like crypto. In a world of pain if you held on once the euphoria died, like crypto.

10-24-2022, 07:36 AM

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#23

rectifryer
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Bro china could give af less.

Its all about their currency vs ours. Nothing else in their market matters. They primarily sell chit to us. The chines gov't ultimately owns everything internally anyways.

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10-24-2022, 07:37 AM

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#24

Guyfawkes1010
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Originally Posted By Scarrdbutsmartr⏩

Anyone that thinks an economy that allows 50-60 GHOST CITIES to be built isnt living on borrowed times should reconsider.

A healthy economy thats based upon reality does not allow this type of behavior..Its not a little red flag its a massive red flag thats been waving for a decade.

Ghost cities were private projects where businesses thought they could make bookoo bucks because selling 'apartments' is so lucrative. But people there only want the apartments that are in the megacities not the countryside. So MANY of them went bankrupt. And thats why they are 'ghost' cities.

Still youre right it shows their economy isnt healthy or even intelligent in anyway. Its all built upon trying to scam others out of their money srs. THAT is the chinese economy model.