iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,416 Blog Posts

Hang Seng Crashes Again Amidst Chinese-American Row Over Hong Kong

Quick rundown.

China is trying to pass new laws in HK that all but eliminates the country. People in Hong Kong are going APE SHIT and protests are resuming. Trump is equally perturbed, threatening sanctions on China should they go ahead with the new laws. Taiwan, another ARCHED ENEMY of China, just said they would provide the people of HK with assistance, if needed.

This of course is an issue of national sovereignty and the right of the people of Hong Kong to rule themselves. Will they muster up the STEEL to rule themselves and defeat their Chinese overlords — or will America intervene and get fucked in another Asian theatre?

One thing is for certain, the Hang Seng does not like it one damn bit — presently down 1.5% and sinking.

US futs don’t give a shit, presently +18.

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6 comments

  1. ericbakerbruce
    ericbakerbruce

    Me Chinese, me play joke, me go pee pee in Fly’s coke.

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    • richardweiner

      Fly American. Fly smart. He not drink the pee pee part.

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  2. trumpmeister

    In my opinion, the Western world has created this Chinese monster. It is still not too late. We can crush this Chicom back to the Stone Age by crushing their financial markets by global sanction against China and destroying their stock markets. When their stock markets are annihilated, it will create a negative feedback loop to their real estate markets, further crushing them back to the Stone Age. Western millionaires and billionaires with their cash stocked up in Chicom depreciating real estate will sell and take their cash back to USA Steak and invest in our real estate, our companies, and our people.

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  3. purdy

    Down 1.5%? …that’s “flattish” in these markets.

    That’s OK, I heard older folks sometimes get overly excited about small changes.

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    • Po Pimp

      Hang Seng was down 5% Friday at one point. Doesn’t matter.

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  4. cancel19

    CNN is now interviewing Hong Kong officials. One named Mr. Ho Li Phuk and his assistant a Mr. Sum Tin Wong. Mah Ket Klash said everything will be alright again in the morning.

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