Stock of the Day

Out of context: Reply #469

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    So it begins...

    "Trading in Evergrande, Evergrande Property Services halted

    Shares of Chinese property developer Hopson also suspended

    Hopson to buy 51% stake in property services unit - Global Times

    Broader market nervousness returns, offshore yuan slips"

    https://www.reuters.com/business…

    Many Chinese companies halting trading in HK, the market is starting to crash it seems

    • Naked on my couch and waitingdrgs
    • "Nearly 25% of Chinese stocks have stopped trading"

      https://money.cnn.co…
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    • "While it's a top issue for China, few foreign investors have much exposure to these stock markets."
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    • ^Except the $20B in Evergrande hold by various Western sources
      (not to mention crypto entities, like Tether, etc)
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    • China won't crash, but they will more than happy to burn the fingers of foreign players.shapesalad

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