China on ‘Treadmill to Hell’ Amid Bubble.


#561

China is in for a soft landing.

All their figures point to it.

Nothing to see here folks, now move along.


#562

At least their ‘officials’ admit they are liars!


#563

Guess it’s too late to blame Lehmans.


#564

The mystery of China’s missing brides - FT.com on.ft.com/1Nt3rrf via @FT

interesting article


#565

Imagine pleading that in front of Peter Kelly !


#566

Stock Market Today - China Said to Suspend Forex Business for Some Foreign Banks - -> thestreet.com/story/13409048 … banks.html


#567

Trading was suspended for the day, 2 hours early, after the CSI 300 of companies listed in Shanghai and Shenzhen fell 7%.

Many though that, at the first opportunity to sell stock they were previously banned from selling, would see significant falls in the China markets. But this fall comes a few days before this ban is lifted, kinda reminds me of some advice I was given when younger - if you are going to get into a fight, retaliate first !!!


#568

Do China share the same calender as ourselves ?


#569

For international business they appear to use the Gregorian calendar that we use, at least any of them I have had dealings with use it. However I believe they use their own Chinese calendar internally, and for dates significant to them.


#570

Final fall on CSI Shenzhen was 8.22% (see graphic in this FT article)

ft.com/cms/s/0/ea7434e6-b2af-11e5-aad2-3e9865bc6644.html

This time the equity market fall came with a devaluation RMB/$:

and equity markets fell with Europe hit more than the US:

and commodities are down:

This is all looking quite correlated. Cue a number of large hedge funds to go tits up…


#571

Program trading in China will be regulated - -> onlineservices.cliffordchance.c … %3D1181746
October 2015

China and Clinton Agree: Traders Should Pay for Canceled Orders - -> bloomberg.com/politics/artic … led-orders

Blame It on Oil: 2016 Unhappy New Year for Asian Shipyards - rigzone.com/news/oil_gas/a/1 … _Shipyards


#572

Limit-down once again.

bloomberg.com/news/articles/2016-01-07/china-markets-in-turmoil-as-weak-yuan-fixing-sparks-stock-tumble

Bulls climb the stairs & bears jump out of windows.
The speed at which it shot down indicates a stampede.

Brokers must have had sell orders right from the off.

I’m waiting for the inevitable government intervention.
Good money after bad.


#573

Lesson number one from the prices must always go up school of capitalism.
When was the last time a stockmarket shut down because of a surge in prices??
Never??
Gosh you surprise me not. :open_mouth:


#574

It caused a surge in Bitcoin actually 8DD up 55% in last 6 months, most trading is in China now as its an easy way of getting fund out of there at moment

Anyways China had a property bubble which was going south so the government steered investment into stocks which is going south now as well, whats next i wonder


#575

Biggest one day surge of the Dow was just over 15% in 1933 :angry:

en.wikipedia.org/wiki/List_of_l … ge_changes


#576

CHINA SUSPENDS STOCK CIRCUIT BREAKER RULE, CSRC SAYS ON WEIBO
ftalphaville.ft.com/2016/01/07/2 … s-2016-16/

This may be interesting.


#577


#578

:smiley: I remember morgan kelly used the roadrunner analogy to great effect on prime time a few years ago describing our property crash


#579

I thought that was Matt Cooper?


#580

And next-day delivery …

China Stocks Rebound as State Funds Said to Buy Equities

bloomberg.com/news/articles/2016-01-08/chinese-stocks-set-to-rally-after-circuit-breakers-scrapped