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[–]Anon_Econ0 points
3 points
3 points
(+3|-0)
ago
There's an old saying. never catch a falling knife. This move today, limiting the sale of insider investors, will do major damage to investor confidence in the Chinese markets. I think it would be fair to say that the turmoil is only beginning in China and it may be many months before we find the bottom. Remember, this isn't just a financial crisis that they are facing, it truly is an economic crisis.
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[–] Wek 0 points 1 point 1 point (+1|-0) ago (edited ago)
I wonder when it would be wise to buy in on Chinese stocks for a long-term hold...
[–] Anon_Econ 0 points 3 points 3 points (+3|-0) ago
There's an old saying. never catch a falling knife. This move today, limiting the sale of insider investors, will do major damage to investor confidence in the Chinese markets. I think it would be fair to say that the turmoil is only beginning in China and it may be many months before we find the bottom. Remember, this isn't just a financial crisis that they are facing, it truly is an economic crisis.