I believe there's a lot of sho

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Omega88
2022-11-05

I believe there's a lot of short selling for China stocks due to a lot of negative news from China.

Perhaps it's time for a short squeeze?? We saw a huge rally in the HK market last Friday as there's rumors that China will be reconsidering its zero Covid policy. There's unconfirmed social media posts speculating that a committee was being formed to assess scenarios on how to exit Covid Zero and it can help to give the China businesses a huge boost. I believe the rally will be limited due to short covering and it's likely to drop further as Fed continues to increase interest rates.

Enjoy the rally while it lasts!

@CaptainTiger @TigerStars @MillionaireTiger

# Have Chinese Stocks Bottomed?

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smee
·2022-11-06
it's not gonna rally for long
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- Omega88Replying to大白兔女生:
  High risk high return, congrats on your profit!! Happy for u!! [Like]
  2022-11-07
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- 大白兔女生:
  Few days is good enough to pocket some 10-30% profit.
  2022-11-07
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prestomanik
·2022-11-06
haha that's a good opportunity
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TigerMum
·2022-11-06
👌
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HHLim
·2022-11-06
Ok
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HHLim
·2022-11-06
Ok
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Jo99
·2022-11-06
Bi
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- Omega88:
  [Like]
  2022-11-06
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JDhope89
·2022-11-06
👌
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- Omega88:
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  2022-11-06
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RKT
·2022-11-06
Yup
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- Omega88:
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  2022-11-06
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