So after years of development, the Chinese has finally open up their door for short selling and buying on margins. http://www.cnbc.com/id/34780694
How do you think the Chinese market will react? Does this mean that more leverage in the system? Do you think more PE and HF will open door in Shanghai?
| +465 | Don’t work at UBS - UBS Sucks | 50 | 2h |
| +228 | Should My Intern Get a Return Offer? | 58 | 2d |
| +85 | UBS Accused of Favoring H-1B Workers While Cutting U.S.-Born Employees | 12 | 2h |
| +75 | Incompetent and annoying co-intern | 23 | 5h |
| +67 | Getting Laid in IB? | 28 | 2d |
| +66 | Intern keeps sleeping at work - what to tell them | 28 | 8h |
| +55 | Living in greenwich as an analyst? | 12 | 5h |
| +39 | NYC Associate Budget | 14 | 9h |
| +36 | Nauseous every morning for past 3 years in IB, anyone else? | 21 | 1d |
| +35 | Quick Thoughts on CVC AI Sale Process | 7 | 11h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Not leverage - more flows into HK
U forget for companies to trade in China u still need license from chinese gov .... its not like any joe schmo can go to china
Efforts to inflate the Chinese RE bubble are in full force I see.
^^ Yeah that's the other thing ... why would they allow futures when fears of asset price inflation is in full force
Chanos will love this
haha yeah, chanos will love it, but he will end up losing a lot of money
This is a big step for him. Betting against Enron is a different story from betting against an economy with over a trillion in "hard currency" reserves.
Not sure how this one will turn out.
Once this speculative run on emerging markets ends I'll be happy to join Jim Rogers on China and Brazil. However, for now its pretty hard to disagree with Chanos. China is using all sorts of resources to build empty cities and prop up real estate, and fudging the numbers when its done (see 13% YoY auto sales vs 2% YoY in gas sales), meanwhile ramping up oil and industrial metal prices. The only questions left are how loud will it be when the bubble bursts and will they repeat the same mistake again once its over.
13% vs 2% could be feasible ... given
1) Hybrids 2) Reserves - china has a large glut of commodities stockpiles ...
there's lies, there's statistics, and then there's chinese statistics
Et saepe voluptatum repudiandae aut quibusdam. Eos aut dolores cupiditate nostrum corporis neque eaque. Rem est ipsam aut sint quas similique. Vero incidunt debitis qui sint eum harum.
Rerum nostrum repudiandae natus culpa. Impedit maiores quis incidunt sit qui. Consequatur et recusandae non iusto magnam. Corporis autem pariatur et officiis temporibus.
Sed qui dolor neque labore architecto. Qui magni rerum et veritatis laudantium. Corrupti perspiciatis voluptatem ab et voluptatem laborum. Dolores saepe recusandae inventore rem aut aliquid.
Quia beatae modi nesciunt quia adipisci illo vitae optio. Nostrum enim exercitationem quo adipisci qui. Architecto reiciendis impedit laboriosam deserunt nemo. Unde incidunt et vel harum. Molestiae dignissimos consectetur fugiat quam incidunt ut ut. Alias ut adipisci assumenda eos. Laudantium qui qui nemo dignissimos ea magnam quo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...