60 sats \ 3 replies \ @siggy47 17 Nov 2023 \ on: Watching for growth? Look east! meta
Are you optimistic about Macao? A gambler's Hong Kong? Is it about the capital flight from the mainland we were talking about yesterday?
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42 sats \ 2 replies \ @TomK OP 17 Nov 2023
What I see is the CCP using Hong Kong as their financial outside clearinghouse. For BTC for example it looks like a an area to test things. They won't slaughter their cow but for western investors it is a grey zone. Without close contacts to the CCP (as we watched the APEC diner table) it's highly insecure to invest. Personally, I wouldn't even touch their stock market anymore
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20 sats \ 1 reply \ @siggy47 17 Nov 2023
Agree. How anyone can invest in anything controlled by China is beyond me. The way Jack Ma got disappeared really should tell everyone all they need to know.
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42 sats \ 0 replies \ @TomK OP 17 Nov 2023
It's the fatal combination of misleading propaganda and greed
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