Go fuck yrslf
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Oops, Temasek did it again
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Go fuck yrslf
Things will get worse in Tiongcock... far far worse.
For those who still believe Tiongcock is still filled with 'opportunities', a land flowing with milk and honey where you can easily huat... those good old days are long gone and won't be coming back. There will be no 'China century'.
Get out while you can, or else start planning how you will commit suicide.
Go US to face the debt trap...
camel fart
Then why the fuck we pay them millions for?
to buy high high sell low low? That is the way because 61 per cent loves it very much
their narrative of being elite and deserving of their millions is rapidly falling apart.
The narrative is actually not that.
The real narrative is they being able to collect votes to always be majority government despite paying themselves millions is still very much intact and has stood the test of time.
https://www.bloomberg.com/news/arti...with-deepening-angst-over-chinese-tech-stocks
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Investing
Sofia Horta e Costa
August 18, 2021, 11:00 AM GMT+8
0:15
New China Regulations Spook Investors
Unmute
WATCH: Authorities in Beijing continue to crackdown on some of the nation’s largest companies, now targeting online competition and the entertainment sector.
For American investors, Chinese stocks are becoming the asset not to own.
Influential investors like George Soros have trimmed their China exposure, and Cathie Wood’s ARKK ETF no longer holds any such shares. Many others got hit with losses, according to their 13F filings. Betting against the country’s stocks was one of the most crowded trades among managers surveyed by Bank of America Corp. In London, Marshall Wace -- one of the world’s largest hedge funds -- says Chinese ADRs are now uninvestable.
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This is a huge turnaround from earlier in 2021, when global investors pumped more money into the country’s domestic equities than any time in history and the MSCI China Index rallied to a 27-year high. Now global fund managers are grappling with trillion-dollar losses as China’s government targets industries that threaten its goal for “common prosperity.” Selling continued this week even as the MSCI China Index trades at the lowest level since 2005 versus the S&P 500.
Regulatory pressure in both China and the U.S. is intensifying. Securities and Exchange Commission Chair Gary Gensler on Monday warned about the risks of investing in Chinese companies and asked SEC staff to take “a pause for now” in approving IPOs of shell companies that Chinese firms use to list. The Nasdaq Golden Dragon China Index -- which tracks 98 of China’s biggest firms listed in the U.S. -- fell for a sixth straight day on Tuesday after Beijing issued a new set of rules aimed at preventing unfair online competition.
Paul Marshall, co-founder of $59 billion investment firm Marshall Wace, said China’s crackdown on its technology and education sectors has repelled investors, even if authorities have sought to limit the damage. It’s now more likely that the country’s listings will be largely confined to the mainland, the billionaire predicted in a letter to clients last week.
The MSCI China Index has dropped almost 30% since its peak in February, dragged down by declines in the education sector that top 90% for firms like Tal Education Group and Gaotu Techedu Inc. Tencent Holdings Ltd. -- China’s biggest listed company -- is near a one-year low. By contrast, the S&P 500 is up 13% in the period, while the MSCI All-Country World Index has gained 6.9%. And while Wall Street strategists keep downgrading their China recommendations, analysts haven’t been this upbeat on S&P 500 companies in two decades.
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Betting against Chinese shares is increasingly popular. According to Bank of America’s latest survey of fund managers, about 11% of investors surveyed viewed “Short China Stock” as the most-crowded trade, trailing only “Long U.S. Tech Stocks” and “Long ESG.” It got more votes than “Long U.S. Treasuries.” About 16% of those surveyed said “China policy” is the biggest risk now, up from almost zero in July. It ranked just behind inflation, a taper tantrum, Covid-19 and an asset bubble.
Source: Bank of America
The rout in Chinese shares means the nation’s companies are disappearing from the rankings of the world’s biggest by market capitalization. Tencent is the only Chinese firm still among the 10 largest publicly-listed companies, at no. 10, and is close to being overtaken by Visa Inc.
Some investors are seeing value. Aberdeen Standard Investments bought the dip in Tencent and kept most of its other big-tech holdings in China largely unchanged during the recent selloff, according to Hugh Young, the chairman of its Asian unit.
“I don’t think anything strategic has changed” in China and regulations will benefit the responsible players, said Young.
Staying the course is proving a tough test as losses mount. While a gauge of mostly Chinese tech shares in Hong Kong rose 0.9% on Wednesday morning, that came after a five-day, 9% decline. The index is down 25% this year.
— With assistance by Ye Xie
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After several crushing months, dip-buyers are finally starting to abandon Chinese tech stocks.
The $4.9 billion KraneShares CSI China Internet Fund (ticker KWEB) has posted two straight days of outflows, putting the exchange-traded fund on track to break its five-week streak of inflows, according to data compiled by Bloomberg. That’s as losses approach 60% from its mid-February high, with China’s wide-ranging regulatory crackdown battering fund mainstays from Tencent Holdings Ltd. to Alibaba Group Holding Ltd.
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Subscribe
Cut through the chaos with real time updates on the news affecting the global economy. Enable Notifications.
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Investing
Americans Turn Against China Stocks as Crackdown Angst Deepens
BySofia Horta e Costa
August 18, 2021, 11:00 AM GMT+8
- Investors such as Soros are cutting their Chinese holdings
- Marshall Wace says the nation’s ADRs are uninvestable
0:15
New China Regulations Spook Investors
Unmute
WATCH: Authorities in Beijing continue to crackdown on some of the nation’s largest companies, now targeting online competition and the entertainment sector.
For American investors, Chinese stocks are becoming the asset not to own.
Influential investors like George Soros have trimmed their China exposure, and Cathie Wood’s ARKK ETF no longer holds any such shares. Many others got hit with losses, according to their 13F filings. Betting against the country’s stocks was one of the most crowded trades among managers surveyed by Bank of America Corp. In London, Marshall Wace -- one of the world’s largest hedge funds -- says Chinese ADRs are now uninvestable.
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Enjoying Bloomberg Wealth?
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This is a huge turnaround from earlier in 2021, when global investors pumped more money into the country’s domestic equities than any time in history and the MSCI China Index rallied to a 27-year high. Now global fund managers are grappling with trillion-dollar losses as China’s government targets industries that threaten its goal for “common prosperity.” Selling continued this week even as the MSCI China Index trades at the lowest level since 2005 versus the S&P 500.
Regulatory pressure in both China and the U.S. is intensifying. Securities and Exchange Commission Chair Gary Gensler on Monday warned about the risks of investing in Chinese companies and asked SEC staff to take “a pause for now” in approving IPOs of shell companies that Chinese firms use to list. The Nasdaq Golden Dragon China Index -- which tracks 98 of China’s biggest firms listed in the U.S. -- fell for a sixth straight day on Tuesday after Beijing issued a new set of rules aimed at preventing unfair online competition.
Paul Marshall, co-founder of $59 billion investment firm Marshall Wace, said China’s crackdown on its technology and education sectors has repelled investors, even if authorities have sought to limit the damage. It’s now more likely that the country’s listings will be largely confined to the mainland, the billionaire predicted in a letter to clients last week.
The MSCI China Index has dropped almost 30% since its peak in February, dragged down by declines in the education sector that top 90% for firms like Tal Education Group and Gaotu Techedu Inc. Tencent Holdings Ltd. -- China’s biggest listed company -- is near a one-year low. By contrast, the S&P 500 is up 13% in the period, while the MSCI All-Country World Index has gained 6.9%. And while Wall Street strategists keep downgrading their China recommendations, analysts haven’t been this upbeat on S&P 500 companies in two decades.
Your guide to a life well spent
Sign up for the Wealth weekly newsletter.
Sign Up
Bloomberg may send me offers and promotions.
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Betting against Chinese shares is increasingly popular. According to Bank of America’s latest survey of fund managers, about 11% of investors surveyed viewed “Short China Stock” as the most-crowded trade, trailing only “Long U.S. Tech Stocks” and “Long ESG.” It got more votes than “Long U.S. Treasuries.” About 16% of those surveyed said “China policy” is the biggest risk now, up from almost zero in July. It ranked just behind inflation, a taper tantrum, Covid-19 and an asset bubble.
Source: Bank of America
The rout in Chinese shares means the nation’s companies are disappearing from the rankings of the world’s biggest by market capitalization. Tencent is the only Chinese firm still among the 10 largest publicly-listed companies, at no. 10, and is close to being overtaken by Visa Inc.
Some investors are seeing value. Aberdeen Standard Investments bought the dip in Tencent and kept most of its other big-tech holdings in China largely unchanged during the recent selloff, according to Hugh Young, the chairman of its Asian unit.
“I don’t think anything strategic has changed” in China and regulations will benefit the responsible players, said Young.
Staying the course is proving a tough test as losses mount. While a gauge of mostly Chinese tech shares in Hong Kong rose 0.9% on Wednesday morning, that came after a five-day, 9% decline. The index is down 25% this year.
— With assistance by Ye Xie
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In this article
SPXS&P 500
4,400.27
USD
-47.81-1.07%
BAC
BANK OF AMERICA
40.79
USD
-0.30-0.73%
700
TENCENT
436.20
HKD
+1.20+0.28%
GOTU
GAOTU TECHEDU IN
2.80
USD
-0.19-6.35%
V
VISA INC-CLASS A
231.63
USD
-2.90-1.24%
UP NEXT
China Dip Buyers Finally Reach ‘Breaking Point’ After 56% Loss
From The Web
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https://www.paulimmigrations.com.sg...PgOBi7ohz8Fm8g4YX2HNbZ3WiDH4lEojIDmjI--ts7JAQ
Apply for Singapore PR Now. Calculate your PR Chances.Paul Immigrations
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by Taboola
Sponsored Links
Markets
China Dip Buyers Finally Reach ‘Breaking Point’ After 56% Loss
ByKatherine Greifeld
August 18, 2021, 11:19 PM GMT+8
- Investors pull cash from KWEB after five weeks of inflows
- Traders likely thought rebound would have happened by now: BI
After several crushing months, dip-buyers are finally starting to abandon Chinese tech stocks.
The $4.9 billion KraneShares CSI China Internet Fund (ticker KWEB) has posted two straight days of outflows, putting the exchange-traded fund on track to break its five-week streak of inflows, according to data compiled by Bloomberg. That’s as losses approach 60% from its mid-February high, with China’s wide-ranging regulatory crackdown battering fund mainstays from Tencent Holdings Ltd. to Alibaba Group Holding Ltd.
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You obviously don't know how the CCPee works.
Nonsense. How else you see girls flee before a KTV raid?
hc, lhl n cronies shd understand tat in International politics, China is e Ruling Party. Opposition parties are india, us, et al who oppose China success.
hc, lhl n cronies themselves shd know better wat treatment they would get frm China the Ruling Party if they go around wooing n flirting with india, us et al while
trying to get ROI $ from China the Ruling Party. Never play mind game with China by wooing india n us wif investment $ game as if China scared hc n lhl spent all
monies in india n us leavin little for China. China just showed hc n lhl the middle finger. China dun need your investment $. hc n lhl can dump all its investment $ in india n us
China doesn't care. If you want ROI $ from China the Ruling Party, you toe the China Ruling Party line just like wat pap has been doin all along in sg. hc,lhl n cronies of all ppl shd know this game better than others.
hc, lhl n cronies themselves shd know better wat treatment they would get frm China the Ruling Party if they go around wooing n flirting with india, us et al while
trying to get ROI $ from China the Ruling Party. Never play mind game with China by wooing india n us wif investment $ game as if China scared hc n lhl spent all
monies in india n us leavin little for China. China just showed hc n lhl the middle finger. China dun need your investment $. hc n lhl can dump all its investment $ in india n us
China doesn't care. If you want ROI $ from China the Ruling Party, you toe the China Ruling Party line just like wat pap has been doin all along in sg. hc,lhl n cronies of all ppl shd know this game better than others.
