Another Lehman Brothers?
— Mr. X (@Wonder4X) August 16, 2023
HEDGE FUNDS DUMP CHINESE STOCKS AGGRESSIVELY AS GROWTH OUTLOOK DIMS
— FXHedge (@Fxhedgers) August 15, 2023
OOPS! #China 10y yields keep falling in a sign that the economy is hard landing/crashing. China 10y yield now at 2.6%, the lowest level since Corona crisis in 2020. pic.twitter.com/igefJoC1re
— Holger Zschaepitz (@Schuldensuehner) August 16, 2023
China just warned some investment funds to avoid selling Chinese stocks.
The warning comes as their stock market continues to plummet.
Soon, they will likely make it illegal to sell or short stocks.
Last time we saw that happen?
In 2020, during the pandemic.
China just warned some investment funds to avoid selling Chinese stocks.
The warning comes as their stock market continues to plummet.
Soon, they will likely make it illegal to sell or short stocks.
Last time we saw that happen?
In 2020, during the pandemic. pic.twitter.com/CUo3WVjlKh
— The Kobeissi Letter (@KobeissiLetter) August 16, 2023
With China's Economy On "Verge Of Collapse", PBOC Central Banker Calls For Helicopter Money https://t.co/NMtDwx1Z2U
— zerohedge (@zerohedge) August 16, 2023
The longer the U.S. keeps rates high the worse the situation gets in China.
China doesn't have enough internal demand to support its economy. With the U.S. dramatic slowing the global economy it will hurt everyone but it will hurt China the most.
— Financelot (@FinanceLancelot) August 16, 2023