End of the China bull?

[rimtas]

that will mean they have lost control,

They never had control over stock markets, it's opposite-market has a complete and total control of what governments do. After the crash, market forced them to take action, it's the same as selling at the bottom. Measures taken won't do anything.
Even if there are two persons left with one share holding per each, they can still push markets in any amount lower by selling those two stocks to each other. The only way to stop markets from going anywhere is to close the exchange. Bans and regulations do nothing to forces upon which markets are operating.

 

[waterbottle]

They never had control over stock markets, it's opposite-market has a complete and total control of what governments do. After the crash, market forced them to take action, it's the same as selling at the bottom. Measures taken won't do anything.
Even if there are two persons left with one share holding per each, they can still push markets in any amount lower by selling those two stocks to each other. The only way to stop markets from going anywhere is to close the exchange. Bans and regulations do nothing to forces upon which markets are operating.

I am not aware of any market which has never been regulated or controlled by government. Even eBay has rules!

 

[rimtas]

I am not aware of any market which has never been regulated or controlled by government. Even eBay has rules!

eBay is not a stock market. It is operating on economic logic and is regulated by rules.
Any stock market in the world is a reflection of social mood, which can't be controled or influenced by government actions. Government is part of the crowd, and because it is at the bottom of mood scale, it always acts the last. Or to be more precise-it reacts, not acts. When Market moves-government reacts. This is not a regulation. This is herding.
It is a waste of time trying to predict market moves based on government actions. But you can predict quite accuratly what governments will do just by looking what market does. In fact, in most cases government actions re to stock market can be incorporated into quite profitable trading strategy, just by betting against them. Shangai Composite was quite a good example-after the crash, government took acctions, and this was a buy signal. Near the Top, chinese government also took actions by easing availability of credit for stock purcase, this was quite a good sell signal, just as an example.

 

[notting]

China's state-owned investment company, Central Huijin Investment seems to be selling again today
Front running all those forced :bbat: into a six month suspension.

 

[waterbottle]

China's state-owned investment company, Central Huijin Investment seems to be selling again today
Front running all those forced :bbat: into a six month suspension.

View attachment 63610

Interesting play... Do you have a source that I can read?

 

[CanOz]

Waterbottle, here's my

I say we test for responsive participants (lots of selling) in the prior value area, marked in magenta. I can't help but think there will be sellers there....If the market doesn't reject that completely, then i would change my bias, until then i would not be short.

The Hang Seng has been dragged into a similar pattern, but the area where I'm looking at for prices to stall is not an area of prior acceptance, only rejection. Again, only my view....

Cheers,


CanOz

Responsive sellers located....

 

[notting]

The food conditions are so bad in China people are finding their uncooked pork glowing blue from phosphorescent bacteria, their watermelons spontaneously exploding from excesses in growth hormones, their eggs made from gelatinous compounds and the oils in their food recycled from sewer water.

“Qing wrote a book about foods tainted with pesticides, industrial salts, bleaches, paints and, especially nauseating, imitation soy sauce made from clippings swept up from hairdressers’ floors, sold for 5 cents per pound and sent to factories that extract from it an amino acid solution.”

Qing’s book never reached the people it was most intended for; it was banned in China. Qing was also forced out of the country in 2008 due to threats and attacks from police and thugs who wanted to defuse the inevitable backlash were his message to get out.

Now as if the Stock Market wasn't going to be poisoned as well.

https://www.youtube.com/watch?v=zPdHAleapI0

 

[notting]

BREAKING: Shanghai benchmark index down over 4% at opening; tech-focused ChiNext down 5%; over 200 stocks already down 10% limit at opening

From Monday Shanghai benchmark index broke 4000, 3900, 3800, 3700 points like non-stop train - Now under 3600 points.

One of those vicious short sellers -

[video]https://youtu.be/4owqPB0xcMo[/video]

Chinese State media reports today calling "foundation of China's bull market remain unchanged."

 

[waterbottle]

One of those vicious short sellers -

[video]https://youtu.be/4owqPB0xcMo[/video]

Poor man, I empathise with him. All he was trying to do his family's situation.

Well at least most of the movements have been in the green....

 

[luutzu]

Poor man, I empathise with him. All he was trying to do his family's situation.

Well at least most of the movements have been in the green....

View attachment 63619

I think green is bad in China's market.

Red is good, lucky colour.

 

[notting]

Here we go -

Chinese state media: "foreign force must be behind stock market crash this time and let's fight to defend our wealth!"

Let's just hope they don't have to keep ramping it up the 'foreign enemy is doing it,' to the point that they have to start WW3 in order to make the enemy look real to keep the people from blaming the true source - the Chinese Communist Party!

 

[rimtas]

No one is bigger than the market. Even Chinese government is smashed by the little guys trading from their veggie market stalls with accounts worth 200 bucks. Control an manipulation is an illusion, herding rules.

 

[notting]

the first-half of 2015, growth by the financial sector was 17.4 per cent - (who knew?). If that pace were to slow down to even 10.4 per cent, GDP would shrink to 6.4 per cent.

The financial sector was growing this fast because in the first-half of the year the Chinese equity market boomed. As of June 12, that boom ended.

This means that China really needs the industrial sector to raise its game to prevent a collapse in the GDP figures.

Uncertainty around property is also warranted because it is unclear whether property sales are suffering as the sharemarket corrects. "It would be a very negative signal to the economy if sales growth started to slow because of the weak stock market," says analyst Vincent Chan.

Liquidity pumping, peddling it along for how long?

 

[satanoperca]

On cue so far.

and still going. Love this action, makes you feel alive. The system is alive and well, human intervention is useless.

 

[notting]

:rocketwhoThis is where honest research gets you in China's propaganda made Market place ~
Re - John Carnes

This is a man who built his career on wagers against Chinese companies, bets so successful that one analyst ranks the 41-year-old among the best short sellers worldwide -- more effective than industry giants from Carson Block to David Einhorn. Carnes’s bearish research caused such a stir in 2011 that he fled China and had to fight off fraud allegations. The ordeal landed one of his colleagues in a Henan province prison.

After one of his reports in 2011, targeting a Toronto-listed miner of silver in China, he got threats of violence and decided to leave the country.

Yet all we have ever heard in the press for the last 20 years is how China is opening up. :rocketwho

 

[notting]

Imagine what the ones listed in China are like when this is the result of most of the international listings. -

click on 'watch vimeo' it works

[video=vimeo;57243175]https://vimeo.com/57243175[/video]

 

[notting]

China can't allow genuine market price discovery because Hanergy is the norm.

Here's a new one -



They probably won't try to float this one on the DOW. Countries with free press tend not to be so mesmerized when it comes Chinese dictatorship gang members.

 

[notting]

"But you get judged on how you deal with the hand that you are dealt."

There has been much debate over China's growth rate, with some analysts questioning whether the economy is growing anywhere near as fast as the government claims.

Mr Sperling said much of the commentary was based on the a slowdown in China's residential property market, the scale of which he witnessed on a recent trip to China.

"I have never seen so many blocks of apartment buildings with nobody in them," he said.

"It is staggering and there is no question that there is much of that going on throughout China."

~ Mr Sperling at Diggers and Dealers conference. Such a great first line in any arena!
Gene Sperling, advised both Barrack Obama and Bill Clinton on economic policy

 

[waterbottle]

~ Mr Sperling at Diggers and Dealers conference. Such a great first line in any arena!
Gene Sperling, advised both Barrack Obama and Bill Clinton on economic policy

A similar thing was reported post-GFC about China's "ghost cities" although that never lead to their economic demise

 

[notting]

It's a miracle



State calculated services growth precisely balances out the independently released slump in the manufacturing sector figures released a day ago.

Debt collection and beating pets to death services are obviously booming however.

http://speakupforthevoiceless.org/2014/08/01/china-beating-peoples-pet-dogs-to-death/

Lovely people, not just the thugs but the casual spectators gathering for a good laugh.