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China and Hong Kong stocks lost nearly $5T in 3 years
- getToTheChopin 3y ago"Stocks in China and Hong Kong sold off a massive $4.8 trillion in market capitalization since 2021, which according to HSBC, is more than the value of the Indian stock market."
- nimzoLarsen 3y agoInvestors have little appetite for companies which could be nationalized or neutered by an autocratic government.
- richrichie 3y agoFYI: Citibank is still down 90% from its pre 2008 levels. 90%!
- aurareturn 3y agoBe fearful when others are greedy and to be greedy only when others are fearful. A rational person might see this as a buying opportunity.