$Hang Seng Tech Index - main 2312(HTImain)$ Very timely gaming curbs news sending the whole China financial market to another level low. They can destroy the economy they can also destroy investor. They vow pledge etc are all words. The economy just isn't going to take off. Selling to another 2020 low is easily. Target 2023 close: 2800
$HSTECH(HSTECH)$ Perfect close of -20% in 2023 bringing 3 years to -60%. majority of foreigners had exited and not entering and seeing US pumping. Deserved China. Pathetic. Disgrace. Failure. People suffer.
China, no longer the dream. Everyone lost money since 2020 with half capital gone. the trend is showing a crack by investing in them. Exiting seem the right approach and trusting that, without them in portfolio is well off. Those screaming US overvalued. Look over here. What cheap can be cheaper. Trading less than 5 PE? That is still expensive.
$Hang Seng Tech Index - main 2312(HTImain)$ In next 10 days going to finish up 2023. Struggling economy and doesn't really have any plans to avoid the collapse. Him steering the reform? Destruction. It clamped its own private sector. Doomed
$Hang Seng Tech Index - main 2312(HTImain)$ The view at the bottom in the world probably is what China is valued at. Nothing is really pushing this and believed that stagnant is with China now. To those investors burned in this. Sorry. The money seem gone.
No much rooms for policies already. Exhausted majority of the tools but still FDI exiting. China should be in stagnant era now. US did well this time no doubt. Very unfortunate for those invested in China and burned hard. The mental stress had to be accepted
$Hang Seng Tech Index - main 2312(HTImain)$ China dream is gone. Outflow is inevitable. Narrow losses if possible. Don't bet for it to be back to glory. They are beaten down by the western hard. 3600 is a joke.
$Hang Seng Tech Index - main 2312(HTImain)$ Deflation in China to impact Chinese companies profit and deems as value trap. Everyone is pressing the selling button. China this time will face 10 years and more hardship and thus, please exit and enter other friendly market.
$Hang Seng Tech Index - main 2312(HTImain)$ Super regret to rotate to Chinese stocks and losing about 80% of it. opportunity in US is never wrong. This recovery by China is for next generation. 3600. Speechless.