Classic Wall Street — Since Goldman upgraded China to a “BUY,” $BABA has dropped 28% and the Hang Seng index has fallen 18%.

Since the day Goldman upgraded China to BUY:$BABA down -28%
Hang Seng index down -18%
“BUY EVERYTHING!” Tepper in hiding

Great job. Truly. Chef’s kiss. 👏 👏 👏 pic.twitter.com/hE8l1vMfHg

— Wasteland Capital (@ecommerceshares) November 26, 2024

BREAKING 🚨: China

Chinese ETFs on track for largest monthly outflow in history pic.twitter.com/zobT1JFGNi

— Barchart (@Barchart) November 27, 2024