Bad Behavior, Seditious Words
Tencent shares were hit again Monday, falling nearly 5% as the market continues to fret over the ramifications of Donald Trump's WeChat executive order.
Cumulatively, the shares shed $66 billion in market value over just two sessions. Monday's loss nearly matched Friday's decline, pushing the stock near the intraday lows hit late last week and threatening the 50-day moving average.
The brutal ~10%, two-day slide is the steepest such drop in nearly nine years.
Although benchmark gauges in As
Hong Kong is going the way of Shanghai after the communist take over in 1948-1949. It will never be the same.
Hmm.. any idea what is Shanghai like today ?