Kingcat
2022-03-17

Chinese stocks have lost a huge chunk off their all time highs. Many are trading at valuations way below their peers in the US. The Chinese government has also just announced their strong promise to support economic growth n financial markets

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Comments

  • jigglyp
    2022-03-17
    jigglyp
    The market has given a reaction so far and the rise has been significant and I hope this will stabilise.
    • Kingcat
      yes, looking forward to the time when their prices matches up to their real value
  • MaudNelly
    2022-03-17
    MaudNelly
    Good Time to buy as there should be bottom of most of chinese stocks after good policial news from chinese government.
    • Kingcat
      Good sign from the government. but given the many other uncertainties, better to invest with prudence
  • cheezzy
    2022-03-17
    cheezzy
    Chinese concept stocks had a big rebound last night. Will it continue to rise
    • Kingcat
      hard to tell for the short term. Still lots of uncertainties around. invest with care
  • MR_Wu
    2022-03-17
    MR_Wu
    This commitment is important for the stability of financial markets.
    • KingcatReplyMR_Wu
      yes [Like]
    • MR_WuReplyKingcat
      Yes, trust them to deliver on their promises.
    • Kingcat
      let's hope they will continue to inject confidence into the markets
    • Kingcat
      agree. the government did the right thing to restore confidence in Chinese stocks
    • MR_WuReplyKingcat
      Yes, it can be seen that the status of Chinese concept stocks in the government's heart is still very important.
  • CaesarHicks
    2022-03-17
    CaesarHicks
    Yeah I think it's a promising future for chinese concept stock in short term.
    • Kingcat
      yes, it's a pity they got beaten down so badly
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