Banking crisis in China/HK?

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Sep 20, 2021
3:22:48pm

SierraCoug Truly Addicted User

Banking crisis in China/HK?

Another Chinese property developer collapsed this afternoon in Hong Kong (dropping a massive 87%) before it was halted. Shanghai based developer Sinic…racing #Evergrande to the bottom. Get ready for a banking crisis in #HK AND #China pic.twitter.com/nn7LoZkHaw
— 🇺🇸Kyle Bass🇺🇸 (@Jkylebass) September 20, 2021

https://twitter.com/Jkylebass/status/1439908927370633217

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SierraCoug

Bio page: SierraCoug
Joined: Oct 12, 2008
Last login: Apr 19, 2024
Total posts: 36,944 (510 FO)

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Messages

Author

Time

Banking crisis in China/HK?

SierraCoug Truly Addicted User

9/20/21 3:22pm

Watch closely. I'm guessing that the Chinese govt steps in to provide liquidity and prevent total collapse. We'll trend

Pimpin4Paradise

9/20/21 3:24pm

I’m going to probably use YINN/YANG to play this one. Over the last 2 weeks the China bull (YINN) is down almost 30%.

Pimpin4Paradise

9/20/21 3:29pm

I dont think they will. Saving a capitalist mkt wouldnt be welcomed.

panacablue

9/20/21 3:40pm

It isn’t a real capitalist market.

Superman21

9/20/21 3:45pm

Agreed but it wont look good if they bailout the 1%. Also, it could wreak the

panacablue

9/20/21 3:51pm

China is having their 2008

RC Vikings

9/20/21 3:26pm

Nah, it won’t be that bad.

Pimpin4Paradise

9/20/21 3:27pm

So far, this is tiny in comparison to 2008.

Superman21

9/20/21 3:30pm

Not as widespread at all. The big one is a $300B loan portfolio backed primarily by hard assets. 2008 was driven

Pimpin4Paradise

9/20/21 3:32pm

RE: China is having their 2008

Cougarclaw

9/20/21 3:31pm

China will find a way to liquidate, manipulate or hide the consequences

wabluecoug

9/20/21 3:29pm

This video just came across my Youtube recommendations. It will be interesting to watch.

buhlcougar

9/20/21 3:33pm

Very interesting

Lifi

9/20/21 3:44pm

It sounds like a bubble crash but the only difference is that Chinese citizens

OU Cougar

9/20/21 4:01pm

They’ve been building this bubble for years

Bovine University

9/20/21 4:26pm

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