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Hong Kong stocks plunged overnight

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abbby
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Hong Kong stocks plunged overnight

Post by abbby » Mon, 02 Dec 2019 1:45 pm

With some companies plunging as much as 78% will these big companies go bust? Maybe someone who's familiar with stocks can shed some insights?
The secret of life is honesty and fair dealing. If you can fake that, you've got it made. - Groucho Marx (1890-1977)

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Re: Hong Kong stocks plunged overnight

Post by Wong_Jnr » Mon, 02 Dec 2019 4:10 pm

US-China trade war uncertainty, as simple as that.
Unpredictable as anything. Take your money to the casino instead :lol:

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Re: Hong Kong stocks plunged overnight

Post by sundaymorningstaple » Mon, 02 Dec 2019 4:43 pm

Wong_Jnr wrote:
Mon, 02 Dec 2019 4:10 pm
US-China trade war uncertainty, as simple as that.
Unpredictable as anything. Take your money to the casino instead :lol:
If talking about HK, I'd have to agree, the casino odds are more favourable. :P

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Re: Hong Kong stocks plunged overnight

Post by tiktok » Mon, 02 Dec 2019 5:39 pm

What company plunged 78%? The Hang Seng index was UP this morning.

Check the 5 day chart here: https://sg.finance.yahoo.com/quote/%5EH ... c=fin-srch
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Re: Hong Kong stocks plunged overnight

Post by abbby » Mon, 02 Dec 2019 7:42 pm

Think its China First Capital Group?

https://markets.businessinsider.com/new ... 1028720988
The secret of life is honesty and fair dealing. If you can fake that, you've got it made. - Groucho Marx (1890-1977)

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Re: Hong Kong stocks plunged overnight

Post by sundaymorningstaple » Mon, 02 Dec 2019 8:05 pm

tiktok, if you took the time to actually read the OP's post, you might not look so much like a troll.

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Re: Hong Kong stocks plunged overnight

Post by tiktok » Mon, 02 Dec 2019 8:36 pm

Thanks for another personal attack, sms. I've lost count of the times I've been called a troll by you.

The subject of this thread is "Hong Kong stocks plunged overnight". Well, they didn't. So naturally the claim of a single stock dropping by 78% might be questionable.

Anyway I checked and it's true, kind of, except that it happened last Tuesday not "overnight". But this kind of volatility is not unusual in hk.

If trolling is setting the record straight, I'm happy to do so and you're welcome!
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Re: Hong Kong stocks plunged overnight

Post by Wong_Jnr » Tue, 03 Dec 2019 9:51 am

abbby wrote:
Mon, 02 Dec 2019 7:42 pm
Think its China First Capital Group?

https://markets.businessinsider.com/new ... 1028720988
You would expect it's more an exception to the rule, dumping a huge volume will do this to the price:

https://www.bloomberg.com/news/articles ... plunged-78

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Re: Hong Kong stocks plunged overnight

Post by sundaymorningstaple » Tue, 03 Dec 2019 11:59 am

"With some companies plunging as much as 78% will these big companies go bust?"
TROLL. It didn't say the stock market in general crashed. Some means just what the dictionary says. The title is absolutely correct, "Hong Kong stocks" (did not specify how many or how few but that it happened). Did NOT say the Hang Seng crashed.

And yes, if it walks like a troll, talks like a troll, acts like a troll, it's a troll.

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Re: Hong Kong stocks plunged overnight

Post by tiktok » Tue, 03 Dec 2019 2:21 pm

And what's "overnight" mean? Without context, it means last night.

The title says "Hong Kong stocks overnight". Not "some stocks crashed a few days ago". I just thought that some clarification was in order.

Look, I know moderating this forum is a thankless and frustrating task, and perhaps you're even getting a little of the grumpy old man syndrome, but must you pick fights with everyone for no reason?

Have a nice day.
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Re: Hong Kong stocks plunged overnight

Post by tiktok » Tue, 03 Dec 2019 2:29 pm

And as for trolling, a better example of that would be a man jumping onto a thread where ladies are discussing makeup, and saying it'll make them look like cadavers.
I not troll/wacko/spammer.
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Re: Hong Kong stocks plunged overnight

Post by sundaymorningstaple » Tue, 03 Dec 2019 3:38 pm

Hey troll, it was a lady who agreed with me as well.

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