The market is closing! If you are still holding Hong Kong shares, you should seriously consider selling them now. That may save you a few more dollars to go on for a few more days in this Ice Age.
Call this panic or despair but the crazy markets do not give us a choice! Hopefully you may survive and buyback if you won't die!
Yes, this reminds me of what happened in 1997-98. But why can't the local government of Hong Kong intervened this time by buying all the shares as they did in 1998??? Every country is intervening now; why is the local government doing nothing? Are they part of this free fall this time? May be because they should still be holding at least 5% shares of the Hong Kong Stock Casino and that makes it a wise decision not to intervene???
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