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Alibaba and Other China Stocks Surge. Beware of a Dead Cat Bounce

marketwatch02-06

Alibaba and other Chinese names surged on Tuesday, bouncing back after a brutal selloff in recent days as investors seized on more signs that the government will support the stock market. Beware: this...

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Comment6

  • 666huat666
    ·02-06
    Dead cat come I want to buy 😂
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  • Song Di
    ·02-06
    Short sellers getting burnt😅
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  • Cedric77
    ·02-06
    Most likely is a "dead cat bounce," a short-lived and unsustainable upward movement following a significant decline. The concerns stem from the underlying issues still present in the Chinese market. Here are some key points to consider: Recent Spike: Chinese stocks saw a significant rebound on February 5th, with major indices like the CSI 300 and Shanghai Composite rising over 3%. This followed a prolonged period of decline. Analyst Caution: While the immediate jump might seem positive, many analysts express skepticism about its sustainability. They highlight factors like: Ongoing Challenges: The Chinese economy faces headwinds like regulatory crackdowns, a property market slowdown, and external uncertainties. These fundamental issues haven't been resolved. Government Intervention: Some be
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    • HiTALK
      Got it. "Dead cat bounce" - quite a ruff situation.
      02-06
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  • MoLoto
    ·02-06
    Talk C, superstitious to say dragon good for china
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    • The Knight
      Hello, how’s your short position?? I think you are feeling the pain now. Hope to rub more salt onto your wound. Good luck:)
      02-23
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  • The Knight
    ·02-06
    The rebound is going to teach the short sellers a       big lesson this time round. If you compare the       business environment between early last year and now, it is a different atmosphere. The US stocks      have risen by so much and China is just doing the catch up now. If China government is bent on           improving the current economic condition, they       will do all means to make it happen.  Don't be ever underestimate their resolute power. Dragon year is always a good year for China stocks as history        record has proven it. Good luck
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    • The Knight

      Great ariticle, would you like to share it?

      02-23
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    • The Knight
      We shall see…. No point to argue over it. Good luck
      02-06
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    • MoLoto
      Lame statement, dragon year good for china stock, be rational okay, not superstitous
      02-06
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  • FGP
    ·02-06
    Talk C.... 🌵
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