Decent trade though not huge because I don't like how fast these collapse.
Chinese Stocks really getting crazy, DTSS goes from $2 to $8+ in Pre-Market.
- Thread starter JesseJamesFinn1
- Start date
I live here in china for many years. The economy is nearly back at full steam. Say whatever you like about the government, they know how to control the virus now after the lessons learnt from before .
Europe and USA will be fighting this for years to come
I am putting a large portion of my portfolio in domestically focused Chinese equities .
Europe and USA will be fighting this for years to come
I am putting a large portion of my portfolio in domestically focused Chinese equities .
That's why they're stealing US vaccine research?
They did a great job of releasing it. I will say that.
Get on your patriotic high horse and face the future as it is. The US is a zombie economy with a failed education system that is not up to international standards. It is stuck with a large minority population who are sucking the life out of the american economy by being dependent on the government,whether on welfare or through gov't jobs. The price of gold and the decline in the $US dollar is telling you the reality.
That has to be one of your dumbest arguments yet. Your whole post was a bit asinine.
Your unsubstantiated response to the facts stated is typical of an inferior American education.
That's why China has to come in and steal most of our tech? They have stolen countless amounts of defense technology because their education system is so superior? Give me a break. Your posts are nuts and so are you.
Whether it's American or Chinese stocks, friend or foe stocks, if the stock makes money, it's good stock!! That's what I intend to buy. Stocks that make me good money!!
Is this a political forum or a traders one?
Look I live here consult for a chinese state company, speak the language pretty well and understand the cultural . I get the emotional response when people mention china so I generally avoid political discussions. It always descend into chaos. The reason why I am bullish about Chinese stock is that I understand the chinese mentality well and see first hand how they deal with the virus outbreak now. They immediately shut down areas (as in a hour), entire cities etc . This leads to economic risk management. Despite what western media like to portray, the population overwhelming are united with Chinese state and their economic policy . I have been in enough meetings and around enough people in the last decade to understand this (alcohol brings out true emotions!)
Whatever we think about whether the population being brainwashed or not, if its propaganda driven or dubious practices and so forth, the point is that they have a united belief in their system, will put in overtime, go the extra mile to achieve results, which result in economic performance, and no its not driven by fear . We in Europe at least are so focused on issues like '#metoo', 'did you just assume my gender?', 'everyone deserves a gold star for trying' mentality while the asians don't give a toss about this and thus while we focus on fringe issues, they grind away fixing their economy.
I get that western folk have moral questions over how things are run, whether it be through copyright infringement. genuine hard work, manipulate of the exchange rate or whatever other issues may come into play. Nevertheless people need to separate potential economic performance from the emotional response. First hurdle in trading and investment as we all know
Further contemplate why Tick Tok (as with Huawei) are so popular now. Tick Tok is called Douyin here, hugely popular in China. No app gets that big in China without a state approval ,In fact both companies have internal Chinese state committee members on their board, are supported by them and development surveillance in The Xinjiang region (massive internment camps). Naturally they will agree in sharing of data and state wide surveillance. It's not illegal and in fact the law explicitly permits that they can spy on their population. It doesn't come under an executive order like what might happen in USA. However , both these companies know that if they remove the link to Chinese state involvement in the companies, the economic benefits are huge but dubious political move.
Shifty as can be, damn sure, but smart money is moving into these areas.
... and to be crystal clear this is my 2 bit economic opinion not a political one, that would be very different
Whatever we think about whether the population being brainwashed or not, if its propaganda driven or dubious practices and so forth, the point is that they have a united belief in their system, will put in overtime, go the extra mile to achieve results, which result in economic performance, and no its not driven by fear . We in Europe at least are so focused on issues like '#metoo', 'did you just assume my gender?', 'everyone deserves a gold star for trying' mentality while the asians don't give a toss about this and thus while we focus on fringe issues, they grind away fixing their economy.
I get that western folk have moral questions over how things are run, whether it be through copyright infringement. genuine hard work, manipulate of the exchange rate or whatever other issues may come into play. Nevertheless people need to separate potential economic performance from the emotional response. First hurdle in trading and investment as we all know
Further contemplate why Tick Tok (as with Huawei) are so popular now. Tick Tok is called Douyin here, hugely popular in China. No app gets that big in China without a state approval ,In fact both companies have internal Chinese state committee members on their board, are supported by them and development surveillance in The Xinjiang region (massive internment camps). Naturally they will agree in sharing of data and state wide surveillance. It's not illegal and in fact the law explicitly permits that they can spy on their population. It doesn't come under an executive order like what might happen in USA. However , both these companies know that if they remove the link to Chinese state involvement in the companies, the economic benefits are huge but dubious political move.
Shifty as can be, damn sure, but smart money is moving into these areas.
... and to be crystal clear this is my 2 bit economic opinion not a political one, that would be very different