China's stimulus measures will take time for changes to ripple through economy: MSA's Ben Harburg

Ben Harburg, MSA Capital managing partner, joins 'Squawk on the Street' to discuss if recent stimulus measures will be significant enough to positively impact the Chinese consumer, if China's done enough to stimulate the consumer, and much more.

[andis]

Pump and dump tactic....never fall to this kind of trick.

[SSYlist]

Not true. It depends on the cost structure of it be it made in any place. Different places has dramatically different cost expense. So even though they sell their cars for twice the price, the room is arguable

[mitchellchristianson]

Like Volkswagen 230 billion in debt. I don't know how they do that

[thejeffinvade]

Confidence is the key, if Xi was to step down, Chinese equities can rally another 30%

[mitchellchristianson]

I know the EV market there and hell no, there's so many freaking good cars. You can't even tell which ones to invest in and they're all losing. They've been losing and they're losing more. The more they build the cheaper they have to sell it. There's the big guy in town Tesla and BYD. I don't know why the hell they let him build that many new startups I guess they thought everybody was going to be a Tesla and get $750 billion in market cap when they only sell $50, 000 cars a month in China at 0% interest. They've had that a while

[mitchellchristianson]

Not too much time. BYD inland China Up 23% in 5 days. Hong Kong exchange down two and a half. I was up 10 yesterday course. There was a holiday and they took that money and put it back over by them. They can buy both right? Yeah I'm still up 38%. I started buying it a long time ago was kind of on the idea they're the only car company making money and selling for that price zk zeekr technology It's up! 60% and it's freaking still losing. Tell me how that worked

[far]

Stimuli, consumator🌍☝️🤨☹️e, slab, ce, alceva? ☝️🙄

[mitchellchristianson]

Savings. They did pretty good the last couple of days 23% gain and I'm down two and a half. That's where my money went. Now they have more. Never again. That was done purposely right after the holiday. Kiss my ass now. I know why they didn't say anything today. Couldn't ask for a better setup than that when I'm up and Hong Kong

[MichaelWan-sc]

Many people, even professionals, don't understand this Chinese market run. This run is not related to the stiulus measure, financial or fiscal. This is the way for the Chinese government to handout money to people through capital market so that people will have enough confidence to consume, which is the real stimulus. The outsiders don't understand Chinese market and will miss out this great run in human history. Foreign money do not trust this run and put their money on the table and win some bets and take money off the table. Similar to bitcoins, after an initial run, people take the money off the table. Then they miss out the great run.