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Randomuser

Randomuser

Captain
Registered Member
ACuriousPLAFan said:
Oh no! Hong Kong is soooo over!

The article:
https://twitter.com/i/web/status/1756831303867994492

The author:
View attachment 125328
(Yes, this is his actual photo)
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Ok good. Feel free to leave and stop being involved with it. Seems like a win-win situation for both.

See thats the problem with these guys. They keep saying this stuff but keep coming back trying to hamper it further. If you really believe its gone then you wouldn't need to do anything. Thats why when you want a problem solved, you leave no half measures otherwise the problem will come back like these guys.
 
H

HereToSeePics

Just Hatched
Staff member
Moderator - World Affairs
Registered Member
ACuriousPLAFan said:
Oh no! Hong Kong is soooo over!

The article:
https://twitter.com/i/web/status/1756831303867994492
Click to expand...

Pros and cons of both sides of the Chinese stocks/equities story(and not specifically on this headline). The cons are that if international investors 1) don't have a way of owning Chinese equities 2) or the equities they do own continue to underperform over years - then there is less incentive for those in power(since people who are in politics generally have money and have investments) to see China do well.

To put this frankly, if members of the US Congress (hypothetically) owned share of Alibaba/Bytedance/Huawei/BDY/SMIC/YMTC/etc and saw their value go up 200%, 500%, 1000% over the years like Facebook/Google/Tesla/Apple, I would bet there would be a bit less anti-China rhetoric or calls to ban TikTok or sanction Huawei, etc.

Just food for thought, and this will probably open up another can of worms since everyone likes to nitpick words.
 
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gelgoog

Lieutenant General
Registered Member
China could find other ways of preventing these sorts of pernicious behaviors in the first place. Other than an outright ban on foreign investors. They could just ban short selling altogether. That wasn't legal for most of the US's history either. And they could add a Robin Hood Tax, i.e. a tax on stock transactions. This would make people hold on to their stock instead of trying to do day trading.
 
X

xricxo

Just Hatched
Registered Member
gelgoog said:
And they could add a Robin Hood Tax, i.e. a tax on stock transactions. This would make people hold on to their stock instead of trying to do day trading.
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Hong Kong already has 0.1% stamp duty for buyer and seller. On top of that, you have various brokerage and exchange fees. If your aim is to stop daytrading, the best way is to just ban it like in China, where you can't sell stock that you bought earlier that day.
 
supercat

supercat

Colonel
ACuriousPLAFan said:
Oh no! Hong Kong is soooo over!

The article:
https://twitter.com/i/web/status/1756831303867994492
Click to expand...
The article was written through the lens of stock market and with a mindset of a Western CEO who concentrates on the quarterly earnings. The matter of fact is that both the Chinese and Hong Kong stock markets are really cheap now. The current Shanghai stock market has an average P/E ratio of 12 (a stock with a P/E ratio below the the average of 20-25 is considered good to buy), and the Hong Kong stock market is back to the level of 1997. However, Long termly, they have no where to go except up, just like the US stock market after the 2008 subprime crisis. On the other hand, stock market is not the only gauge of economic performance, while its rise does not necessarily benefit most of the people directly.
https://twitter.com/i/web/status/1757422313757196354

Talking about Hong Kong, happy birth day and rote in jail.
https://twitter.com/i/web/status/1757209999959576662

I'm glad that China has learned the lesson of the Ukraine War.
https://twitter.com/i/web/status/1757264287889052066

China will not fall into ‘trap’ of war in Taiwan Strait: former envoy Cui Tiankai​

  • China’s longest-serving ambassador to Washington tells conference ‘someone’ may be preparing for proxy conflict with Chinese killing Chinese
  • Cui’s remarks were an apparent reference to US arms sales to Taiwan, which have continued despite Beijing’s objections
Click to expand...
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horse

horse

Colonel
Registered Member
Randomuser said:
See thats the problem with these guys. They keep saying this stuff but keep coming back trying to hamper it further. If you really believe its gone then you wouldn't need to do anything. Thats why when you want a problem solved, you leave no half measures otherwise the problem will come back like these guys.
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Yeah, exactly.

That is what I have been saying for a long time, in a similar vein.

I like Prof Roach, so my comment is not directed at him, but to what we are talking about, in a general.

It is that expression.

You either put up, or shut up.

But these guys, the US media and US politicians and their lapdogs worldwide, either put up or shut up, but they do neither.

Creates an endless loop of nonsense and false news.

The best part is they actually think they are doing something and accomplishing something. ROTFFLMFAO!!!

That is why we rarely ever hear about Huawei in the news anymore.

Huawei 5G that war, they kicked the shit out of them.

:D
 
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