Live for a long time.
Who would have thought that the Chinese stocks listed in the list of index could plummet by 20% in an instant. In an instant, hundreds of millions of wealth disappeared. Such wonders as
happen to Nasdaq China Golden Dragon Index. October 24, 2022 is a day that all investors deserve to remember, and Chinese stocks listed in the US were slaughtered. The tragic level is far beyond the circuit breaker moment during the epidemic in 2020.
Pinduoduo's maximum intraday decline exceeded 30%, JD.com , Alibaba , Baidu , B station, Beike and other network technology stocks fell by more than 20%, NIO , Xiaopeng , and Ideal fell by almost the same. It can be said that the well-known Chinese stock market is destroyed.
Recalling the unprecedented sharp drop in the Hong Kong stock market during the day yesterday, especially the plunge in the offshore RMB against the US dollar. Facts have proved that the warning issued by Shuipi a few days ago is becoming a reality. That is, this is a premeditated, organized and financial encirclement, and the target is China's RMB assets.
This is not an exaggeration.
In fact, just before opens today, , the People's Bank of China and the State Administration of Foreign Exchange, jointly released, and the macro-prudential adjustment parameters for cross-border financing for Chinese enterprises and financial institutions were adjusted from 1 to 1.25. Before the announcement, the RMB exchange rate was rebounding, but after the announcement, there was a huge force that directly pushed the offshore RMB exchange rate against the US dollar from 7.30 to a new high of 7.36. It’s just such a straight line, unscrupulous and unconcealed, it’s a challenge. If there is no manipulation, it’s a ghost.
From the RMB exchange rate suppression to the shorting of Chinese stocks in , and then to the shorting of Hong Kong stocks in , the return to the Chinese stocks in , thus affecting A shares in . The shorting path is clear, the goal is clear, and the means are strict.
This short selling has nothing to do with the Fed rate hike , because the three major U.S. indexes were rising sharply during the same period; they have nothing to do with the performance of US dollar index , because the US dollar index was falling during the same period; they have nothing to do with the Russian-Ukraine war, because European stock markets, including the Russian index, were rebounding during the same period. Short selling like
is purely a prepared battle against the RMB. If the depreciation of the RMB in the early stage was passively followed, then now it is an active attack. What futures market does is the trend. Once it is formed, it is a force to take advantage of your illness and kill you.
This is not the market, this is the battlefield. What to do if
?
is of course a counterattack!
To break the current expectations, the central bank needs to kill , send out a clearer signal, and take more powerful measures. Just like the Bank of Japan, after strong intervention, the US dollar against the Japanese yen was sniped and consolidated sideways around 148 yuan. In fact, this has been the case with the US dollar index recently and has not hit a new high.
What the market wants is the signals released by management and does not require too much real money investment. Of course, it is better for the national team to enter the field! Just like the Hong Kong stock market defense war back then, defeating Soros.
From exchange rate to the stock market, we are not fighting a defense battle, but a counterattack battle. The goal is to defeat the short sellers who short Chinese assets and let them never return.
national team, take action when it is time to take action.
The trend of the Nasdaq Golden Dragon China Index is abnormal, and it is even more abnormal to return to 25 years ago. It is not necessary to say that the Shanghai Stock Exchange 3000 points is also an abnormal point. Facing these abnormalities, it is time for us to act.
