Hangseng Leadership...

The total market capitalization of stocks listed on the Shanghai stock exchange is roughly US$3 trillion.

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China to Raise Limit on QFII Quotas to $1 Billion
http://www.bloomberg.com/apps/news?pid=20601087&sid=agcv363GXIPQ

As of August, 87 qualified foreign institutional investors including UBS AG and Morgan Stanley were permitted to invest a combined $15 billion in local-currency stocks and bonds.

“We have raised the limit for each fund to $1 billion within the current total $30 billion size of all funds to encourage more good investors to come in,” said Chu Yumei, deputy head of the capital account department at the regulator. “We’ll grant new quota under the existing total limit.”
 
QFII is far from a decisive force in the Chinese stock market, and 800 million or one billion what big difference .Anyway big accounts got an excuse for their desperate move today.
 
Quote from Petsamo:

If China doesn't sell off tonight, the US might tomorrow.

Actually no way to predict either of the three markets, a stoploss is compulsory.
 
Quote from kiwi_trader:

Where was your stop?

Since when does a brass ball trader need a stop ? :confused:

Tade entry and trade exit depend on Risk / Reward. Of course I have placed a stop, but I will not tell you where...:)

I can tell you that I never have a R/R = 1 ;=)
 
Quote from ASusilovic:

Since when does a brass ball trader need a stop ? :confused:

Tade entry and trade exit depend on Risk / Reward. Of course I have placed a stop, but I will not tell you where...:)

I can tell you that I never have a R/R = 1 ;=)

Would you consider adding to your short position should the Hang Seng open gap up in just over an hour?
 
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