China, Hong Kong Stock Surge Sets Upbeat Tone For New Week
Hope springs eternal.
Hope springs eternal.
Welcome to the “abyss”.
“I hope nobody gets killed”.
It is just a matter of time.
“[Protesters] exhibited sings of terrorism”.
Sunday had a somewhat ominous feel to it.
Carrie Lam thinks it might be a good idea to “do more explanation work”.
One more aggravating factor.
I’m old enough to remember January 2018, when…
It was a tough Tuesday for Chinese shares.
It was all good just a week ago.
“This is fine.”
More tantrum symptoms, more fragility.
“Who wants to buy stocks in a country where the currency is weakening?”
“We must carefully consider whether we can cope with the increase in interest expense on loans, and we must also pay attention to the increase in interest rates to asset prices.”
The robot carnage on Wall Street predictably spilled over into Asian markets on Wednesday.
But hey, at least it’s Friday, right?Â
Good lord. Hide the women and children.
So hey! Don’t feel too bad U.S. investors…
H-shares: best week in 18 months.
It’s just one right after another, day after day after day.
It’s a celebration.
Whether or not this bounce is sustainable and more broadly, whether Friday marks a turning point for sentiment which was rapidly deteriorating will help determine whether global risk assets are able to rally into year-end.
Well on Wednesday, things got worse – and materially so.Â
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