90,000 New Retail Brokerage Accounts Being Opened Every Day In China
- Thread starter BlueStreek
- Start date
the reporter on cnbc was talking about (chinease citizens, chinease banks, and chinease markets implicitly) and she said it was illegal, but that the govt. doesn`t enforce it.
who knows how changing any of those three implicit assumptions changes the legality and enforcement of this practice, which essentially, is an internal carry trade for chinease citizens right now.
who knows how changing any of those three implicit assumptions changes the legality and enforcement of this practice, which essentially, is an internal carry trade for chinease citizens right now.
chinease banks have a history of poor lending practices, that`s why those banks are still relatively cheap as compared to american banking stocks, their regional banks make loans that would never pass the standards of a capitalistic country, they took a hit today, along with the insurance companies.
http://stocks.us.reuters.com/stocks/overview.asp?symbol=.HSI
interesting hsi almost hit 21,000 and then what a fade, it has done this twice this year, once it dropped nearly 1000 in a week at the beginning of the year, this market is all over the place with volitility of swing moves of 2% each day.
interesting hsi almost hit 21,000 and then what a fade, it has done this twice this year, once it dropped nearly 1000 in a week at the beginning of the year, this market is all over the place with volitility of swing moves of 2% each day.