China's stock market rise near 6% today

[52051]

My portfolio rise 8.2% today, China's market is officially in a crazy bull market now.

Some of the out of the money call option contracts of China's Shanghai 50 ETF and SH300 ETF has risen 80-100 times in 3 days, lucky guys who hold the contacts

Recent very sharp rise is partially driven by oversea investment, as proved by the massively incoming money from the so called capital northwards (means the money entered from Hong Kong to Mainland China stock market, mostly consist of oversea investment funds, as well as Hong Kong based funds), as well as the rapid rise of RMB currency against USD.

Like I said so many times before, everytime there is a world-wide crisis, China will rise even stronger

It is great to bet with your home country and make money

 

[52051]

Its very sad for anti-China dotards, its seems that the world-wide anti-China alliance just cannot help but keep throwing money to China

 

[Figaro]

Chinese stock market is very volatile ... I got burned very badly in 2015 trading $ASHR. Did not anticipate the sudden drop from 5000 to 3000. Chinese gov need to regulate the stock market better. The 2007 drop was the same thing.

 

[52051]

Chinese stock market is very volatile ... I got burned very badly in 2015 trading $ASHR. Did not anticipate the sudden drop from 5000 to 3000. Chinese gov need to regulate the stock market better. The 2007 drop was the same thing.

Well, not really if you saw how the US stock market moves this year.

 

[HuangHe]

Its very sad for anti-China dotards, its seems that the world-wide anti-China alliance just cannot help but keep throwing money to China

Capital is not stupid.

 

[LittleFish]

My father just 嘚瑟ed to me his profits...what a spring for such stock investor like him. I hope this wave lasts a little longer, otherwise he may get locked in for years like before, sigh...

 

[CAPRICORN-88]

China should take the opportunity to isolate themselves from unfriendly nations and focus on other friendly nations using COVID pandemic as an excuse.
Take a cue from USA.
If USA thinks decoupling will help them, assists them.
Become a real competitor to them.

The only way these nations will learned is when it burn a hole in their pockets.

They can make a lot of noise and fury today.
But they signify nothing.
The future will be bleak for them minus China growing domestic market.