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China running the Hong Kong stock market into the ground (chart)

DerekJohnson
DerekJohnson Administrator, Swaye's Wigwam Posts: 68,562 Founders Club
edited May 2022 in Tug Tavern

Comments

  • DawgOfTheAges
    DawgOfTheAges Member, Swaye's Wigwam Posts: 1,754 Founders Club
    edited March 2022
    Crypto like dramatic movement now happening with the China Indexes... the 3x YINN ETF would be a +700% return by getting back to its 52 week high for those looking for adventure... the threat and reality of China securities getting delisted on US exchanges along with the threat of invasion of Taiwan are killing their pricing... oddly enough, if that is the issue the main beneficiary would then be the HSI Hong Kong Exchange ETF...
  • DawgOfTheAges
    DawgOfTheAges Member, Swaye's Wigwam Posts: 1,754 Founders Club
    Not making a recommendation by the way ~ Obviously there is a lot of negative events occurring in China right now which can explain the substantial decline which are reflected in the stock price movement...
  • DawgOfTheAges
    DawgOfTheAges Member, Swaye's Wigwam Posts: 1,754 Founders Club
    edited March 2022
    Wow so YINN up +65% today... short squeeze movement I think and China indexes made a super bold +++ move