Do not buy! Chinese stock market is a trap right now!

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So it was just a gigantic Ponzi-scheme to bamboozle the Chinese public to hand over their savings so the Cringe Coom Party could prop up their failing state-owned companies and impoverish the people so they're too weak to fight back. Lovely.

HandsomeSquidward-qg
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Classic pump and dump. From shitcoins to stock market. Nothing new on the front.

juliobaladao
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I laughed when a Wumao said:

"They always say the Chinese economy will collapse. So, when will it actually happen? Look, the Chinese stock market is rising!"

Dude, look at reality. It's happening right now.

米田正裕
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Japan when the bubble economy burst: 🗿🗿🗿
China when manipulated economy crashes: "stock market rising!!"🤡🤡🤡

mrgurulittle
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The money is not gone, it is in other pockets now

benyomovod
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It was massive pump & dump, if one does not understand technical charts of a stock- don't invest.

abhradipchoudhuri
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“Corruption is RAMPANT in China!” -Victor Gao, August 2024 in front of a live international audience.

mikestewart
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This reminds me of whenever people say that BRICS is going to rise up and replace the “western economic hegemony” or something…like, you do realize Brazil is a democracy, Russia is a fake gas station, and China has the most manipulated currency in the world. Not to mention India and China don’t exactly like each other. The idea they’re all going to get together and form the new anti-US power bloc is genuinely hilarious

christianwhalen
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the CCP thanks you for your participation. please deposit all your cash over here and leave in an orderly manner.

mightT
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Millions of young people took out loan off banks and online loan shark and lost it all in the stock market
You can imagine the high speed rail will have a lot of empty seat in the future as millions of them young people will got out on a “list of scum” that are barred from taking high speed rail😂

Spider-Too-Too
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How much of the stimulus money has left the country already? 💸

mikestewart
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Looking at the sector performance, it's clear tech is driving the rally. But with valuations this high, I worry about a correction.

ThomasColt
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Become greedy when every one is fearful
Become fearful when everyone is greedu

TheAINoobxoxo
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History repeat itself over and over again! When you see everyone is talking about stocks, the cleaning ladies are talking stocks, student talk about stocks, it’s time for you to run and stay away from the market!

mamasan
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They all got rugged, when will the blooomburgles and economisery stop promoting this giant wealth extraction…

ezincr
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does Communism, shares and stock markets go together?

TheSteve_
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Retail traders falls in to a trap which allows the big players to exit.. Classic 😂😂😂

picknroll
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the smart ones pulled out of the stock market when it started to rise

GIN
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just dont invest in china for now period

Jimmysim-rqvl
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Think this was mostly a hedge fund pump n dump. In prior years American retail investors were left holding the bags, but they’re done with Chinese stocks so guess people in China are gonna have to absorb the losses themselves.

MC-vdcw