China Economic News

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actually, wat's wrong with dumping? :O

price efficiency matters.... too much protectism, end up backward industries...broken economies.... not soo good for the country, ain't it? Smile
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
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(11-12-2016, 06:40 PM)brattzz Wrote: actually, wat's wrong with dumping? :O

price efficiency matters.... too much protectism, end up backward industries...broken economies.... not soo good for the country, ain't it? Smile

depends, for example if China set up many state sponsored semi-con company, then flood the SG market with cheap chips, all the factory here go bankrupt / shut down, thousands job loss, affect economy badly. Then their funds buy up all the cheap assets, end up wipe out the country's industry and sell off to the people who wipe you out Big Grin

That's what big companies do in a real free market economy, but after that monopolize the sector and jack up prices or they just end up owning everything. China is doing something on a much bigger scale with their steel industry.

So technically price efficiency is good thing, but under "special conditions" it is not so good ;D 

There are specific cases which need some level of protectionism, especially when the industry on the other side is being sponsored by state, its like China is waging an "economic war"
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
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so size does matters and sg is like only a few Billions worth to China rite?

http://statisticstimes.com/economy/count...ed-gdp.php

balance of power between the top 5 economy, + 5-10

USA
China (not friend of USA)
Japan (friend of USA)
UK (swore brother of USA)
France (sometimes friend, sometimes not friend of USA)

Indian (sometimes friend, sometimes not friend of USA)
Italy (sometimes friend, sometimes not friend of USA)
Brazil (sometimes friend, sometimes not friend of USA)
Canada (sometimes friend, sometimes not friend of USA)
S.Korea (friend of USA)
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
Reply
No wonder STI negative today despite bullish oil.

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China Stocks Sink Most in Six Months as Property Concerns Build

December 11, 2016 — 10:11 PM EST December 12, 2016 — 4:02 AM EST

Chinese stocks slumped the most in six months on worsening concern about the outlook for the property market and as curbs on insurers’ equity investments spurred selling.
The Shanghai Composite Index fell 2.5 percent to 3,152.97 at the close, its biggest loss since June 13. A measure of property companies tumbled 3.5 percent after China Vanke Co.’s president predicted home sales will drop “significantly” in the coming year. Gree Electric Appliances Inc. sank 6.1 percent. Foresea Life Insurance Co. said it won’t increase its holdings in Gree and will gradually sell the shares, while the insurance regulator suspended Evergrande Life’s entrusted stock investment.
The nation’s top securities official has slammed leveraged stock buyers as “robbers” as officials move to rein in financial risks associated with a surge in dealmaking. Since 2014, Chinese insurers have stepped up acquisitions as their premium income has expanded. The opening up of Shenzhen’s stock market has failed to stimulate much demand from foreign investors, with a daily quota yet to be filled and the city’s key measure tumbling. The Shenzhen Composite Index dropped 4.9 percent, while the ChiNext gauge of small-cap shares in the city sank 5.5 percent.

Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
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Despite all the negative news and forecast
The ST index rises close to 3,000 and hovers around 2,900

Amazing.. nothing has changed for the stock market.
I must be alone, believing the news that the sky is falling.
Dang.. maybe I am too late to join the ride...
Tongue
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(12-12-2016, 10:33 PM)Porkbelly Wrote: Despite all the negative news and forecast
The ST index rises close to 3,000 and hovers around 2,900

Amazing.. nothing has changed for the stock market.
I must be alone, believing the news that the sky is falling.
Dang.. maybe I am too late to join the ride...
[emoji14]
Could be funds from bonds flowing back into stocks, but given on a few days sti traded up whilst other Asian markets was down, it looks more like year end window dressing controlled by the big boys.

Like last year, we could see a sharp drop back below 2800 in the new year.

But if china market continue to crash big boys also bopian have to sell sell sell also..lol..

Sent from my MotoG3 using Tapatalk
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
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The Coppock indicator gave a buy signal for Singapore market in June 2016 . So still waiting for market to rise.

Coppock Indicator Status World Markets Summary
Index Last Signal Current Status Comment

Australia All Ords TR index July 2016 Hold Rather shallow signal
Australia All Ords Price index July 2016 Buy Rather shallow signal
China Shanghai All Ords October 2016 Buy
China Shenzhen A Shares October 2016 Buy
China Hong Kong July 2016 Buy
China Taiwan May 2016 Hold
India May 2016 Hold Rather shallow signal
Indonesia March2016 Hold Rather shallow signal
Japan Nikkei 225 October 2016 Buy
Malaysia February 2016 Buy Rather shallow signal
New Zealand April 2009 Hold
Pakistan June 20019 Hold
Singapore June 2016 Buy
South Korea July 2016 Buy Chart has no clear trends
Austria August 2016 Buy Rather shallow signal
France October 2016 Buy
Germany August 2016 Buy
Hungary February 2015 Hold Rather shallow signal
Italy July 2012 Set-up 31/3/16
Netherlands August 2016 Buy Very shallow signal
Spain October 2016 Buy
Sweden August 2016 Buy Rather shallow signal
Switzerland August 2016 Set-up 30/9/16 Last signal dubious
UK FTSE 100 May 2016 Hold
Brazil March 2016 Hold Rather shallow signal
Canada April 2016 Hold
Mexico March 2016 Hold Very shallow signal
USA DJIA May 2016 Hold Very shallow signal
USA S&P 500 May 2016 Hold Very shallow signal
USA Nasdaq Composite July 2016 Hold Very shallow signal
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(13-12-2016, 09:01 AM)soros Wrote: The Coppock indicator gave a buy signal for Singapore market in June 2016 .  So still waiting for market to rise.

Coppock Indicator Status World Markets Summary
Index Last Signal Current Status Comment

Singapore June 2016 Buy

A bit out-dated. has not factored in major event like Trump presidency and deflation of bond bubbles. on top of that its a short term T.A tool which is not that useful for us looking more at F.A. and mid-longer term.

F.A indicator such as most Singapore listco revenue and earnings are going downtrend so SELL is a no brainer IMHO.
Virtual currencies are worth virtually nothing.
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how will this impact their economy? Jialat worse than our annual haze

https://www.bloomberg.com/news/articles/...tmas-alert

update :

Beijing factories ordered to shut or cut output after pollution red alert
Beijing's city government has ordered 1,200 factories near the Chinese capital, including a major oil refinery run by state oil giant Sinopec, to shut or cut output after authorities issued the highest possible air pollution alert.
Key points:

Air quality reading of 297 in Beijing, environmental monitoring centre says
Residents complied with limits on car use
More than a dozen inspection teams sent to check factories, plants complying with crackdown
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
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Not exactly unsurprisingly for China, a place where no factory owner trust another, or they are sure that home-made products look good on the outside but are definitely inferior on the interior. But then again, authorities are quick to quell it under control with all the tools they have at their disposal since this is mainly onshore driven.

China Bond Markets Roiled by Rumors, Fed Rate Increase


(Beijing) — Several mutual funds in China suffered huge selloffs amid a bond market crash Thursday, and the funds scrambled for money as most banks tightened lending to non-bank financial institutions. At 4:45 p.m. on Thursday, 15 minutes before the central bank's interbank high-volume payment clearing system closed, several fund management firms were still looking high and low for cash to pay panicked investors who were selling their money market funds.

http://www.caixinglobal.com/2016-12-16/101027840.html
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