Shorting HSI now Short

Hang Seng IndexTVC

Description

⋅ May 27, 2020 3:02 AM

see chart

The political scene of HK has taken on a new level.

Protests will get more violent as anger, frustrations and this time, we could see China coming in more aggressive than before to contain this protest.

This does not bode well for the HK economy.............

Comment

⋅ May 27, 2020 8:09 AM

reuters.com/article/us-hongkong-protests-usa-china/trump-says-u-s-to-take-action-on-china-over-hong-kong-this-week-idUSKBN23236J

Comment

⋅ May 28, 2020 12:51 PM

scmp.com/video/hong-kong/3086548/chinas-top-legislature-approves-national-security-bill-hong-kong

Comment

⋅ May 29, 2020 1:30 AM

congrats to those who shorted.....down 2.5%
take some quick profits and let remaining run

Comment

⋅ May 29, 2020 6:41 AM

scmp.com/news/china/article/3086578/us-taps-allies-pressure-china-over-hong-kong-national-security-law

Trend Analysis Chart Patterns

Comments

epanquan

⋅ May 27, 2020 5:03 AM

I agree that the HK economy won't go well lately with political issues. However, HSI has a large portion that has nothing to do with HK local economy. Shorting HSI can be risky once China stock boosts with political intervention.

gitango2011

⋅ May 31, 2020 2:24 PM

For save face for CCP seem it will not have big drop in this few months but u support line is great alert i think the bigger recession will meat after mid autumn