Commercial real estate especially office rentals could be in trouble

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Yodean
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Post by Yodean »

symbios wrote: Wed Aug 17, 2022 2:28 am https://finance.yahoo.com/news/china-st ... 29241.html

Intention to delist,
  • China Life Insurance Co.
  • PetroChina Co.
  • China Petroleum & Chemical Corp.
  • Aluminum Corp. of China
  • Sinopec Shanghai Petrochemical Co.
Delisted,
  • Didi
More to come?
Lol, I - as perhaps the gr8est contrarian indicator to Chinese stocks here - see your posted news as GOOD news - apparently the PTBs on both sides are talking to each other.

So they delist those 5 - and maybe a few more - and scare the shi*t out of most investors, driving the prices of other Chinese stocks down for a period of time. Then they accumulate those stocks, and after that, suddenly the news comes out publicly that BABA, BIDU, etc. are going to be okay.

BlackRock kind of did that, imo, with Coinbase.

Chinese stocks to zee moon before November National Congress! C'mon Xi baby, one more dance to the upside ...
Buy Fear, Sell Euphoria. The Neonatal Calf undergoes an agonizing birthing, while the Bear falls into hibernation.
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chippermon
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Re:

Post by chippermon »

Yodean wrote: Thu Aug 18, 2022 2:50 pm
symbios wrote: Wed Aug 17, 2022 2:28 am https://finance.yahoo.com/news/china-st ... 29241.html

Intention to delist,
  • China Life Insurance Co.
  • PetroChina Co.
  • China Petroleum & Chemical Corp.
  • Aluminum Corp. of China
  • Sinopec Shanghai Petrochemical Co.
Delisted,
  • Didi
More to come?
Lol, I - as perhaps the gr8est contrarian indicator to Chinese stocks here - see your posted news as GOOD news - apparently the PTBs on both sides are talking to each other.

So they delist those 5 - and maybe a few more - and scare the shi*t out of most investors, driving the prices of other Chinese stocks down for a period of time. Then they accumulate those stocks, and after that, suddenly the news comes out publicly that BABA, BIDU, etc. are going to be okay.

BlackRock kind of did that, imo, with Coinbase.

Chinese stocks to zee moon before November National Congress! C'mon Xi baby, one more dance to the upside ...
I agree. This is part of the reason Pelosi made a day trip to Taiwan. Just to fan the flames a little more. It's a set up
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SOL
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Re: Re:

Post by SOL »

chippermon wrote: Thu Aug 18, 2022 4:54 pm
Yodean wrote: Thu Aug 18, 2022 2:50 pm
symbios wrote: Wed Aug 17, 2022 2:28 am https://finance.yahoo.com/news/china-st ... 29241.html

Intention to delist,
  • China Life Insurance Co.
  • PetroChina Co.
  • China Petroleum & Chemical Corp.
  • Aluminum Corp. of China
  • Sinopec Shanghai Petrochemical Co.
Delisted,
  • Didi
More to come?
Lol, I - as perhaps the gr8est contrarian indicator to Chinese stocks here - see your posted news as GOOD news - apparently the PTBs on both sides are talking to each other.

So they delist those 5 - and maybe a few more - and scare the shi*t out of most investors, driving the prices of other Chinese stocks down for a period of time. Then they accumulate those stocks, and after that, suddenly the news comes out publicly that BABA, BIDU, etc. are going to be okay.

BlackRock kind of did that, imo, with Coinbase.

Chinese stocks to zee moon before November National Congress! C'mon Xi baby, one more dance to the upside ...
I agree. This is part of the reason Pelosi made a day trip to Taiwan. Just to fan the flames a little more. It's a set up
The inflation reduction act will reduce inflation because 87,000 new IRS agents will find ways to take money out of your pocket and help those that don't work. In essence, stealing from peter to pay Paul.

If they would just audit congress, they would land some big bucks. How is that they all go in broke and walk out as multi-millionaires.
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply

The end is always near; its the beginning and how you live each moment that counts the most
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Budge
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Re: Re:

Post by Budge »

SOL wrote: Thu Aug 18, 2022 4:57 pm If they would just audit congress, they would land some big bucks. How is that they all go in broke and walk out as multi-millionaires.
Example Liz Cheney. Net worth while in CONgress goes from $7m to $44m. Bet she was worth every cent :twisted:
..whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government..
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