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Giuliano Giacaglia
@giu
China CSI 1000 index is 30% down YTD. That consists of small caps. The government has banned some quant funds from placing sell orders. This might be the consequence of some of their real estate companies going bankrupt. Will keep watching!
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Alex Roytenberg, CPA 🎩🍖
@alexroytenberg
Last night was a blood bath. Will be interesting to see what happens tonight. Are scams and pyramid schemes starting to unwind?
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Giuliano Giacaglia
@giu
Their debt to gdp is pretty high and their real estate is incredibly leveraged
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Alex Roytenberg, CPA 🎩🍖
@alexroytenberg
The real estate was extremely speculative. The ghost cities are crazy
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