$MINSHENG BANK(01988.HK)$$EVERGRANDE(03333.HK)$ Love hate relationship with evergrrandeit’s seriously not pretty to look at 03333 which dropped from over 10HKD to current price, as one of the affected bank I think $MINSHENG BANK(01988.HK)$ must be having a tough time too. nevertheless I don’t see it bankrupting etc it’s just a matter of how long we are going to wait. I think Chinese government is giving a hard punch on many sectors amid the BRI. I think more capital/Chinese investment will be going overseas in the coming years.
Geez brought some 02899 Hkex at 1002hrs withprice $10.82, two mins later it came the kinda sharp fall which stops at $9.81 now. I foresee the price going up within 2 months time, amid the flood in zhenShou n shangxi province-which might push up copper prices.#02899#sharpfall#letssee