/smg/ - Stock Market General

>>Hong Kong stocks soar more than 3.5% following reports that extradition bill could be formally withdrawn
>WOW that could be a big development if it happens.
Carrie Lam have officially announced the formal withdrawal of the bill. However the after-trade future dropped 1% after her recorded speech was televised. The response was being seen as too little too late, without responding to other concerns among citizens.

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*There are also worries that the concession will be used as justification to introduce further suppressive measures in the future, like introducing the energency act to suppress further protests, by saying "concession doesn't work"

How do you guys feel about small caps vs. the S&P?

There is definitely a feeling of inevitability
Beijing will eventually get what they want, or they'll just build up Shenzhen (I think it was Shenzhen) and let HK decline in importance until no one cares. Eventually, if Beijing controls situations in a way that the HK economy keeps declining and the mainland economy keeps growing, the majority of HK citizens will ask Beijing to take over.

Buy em

say something nice about my divvy frens (largest to smallest):

JNJ, MO, DAL, JPM, KHC, CAT, MMM, ABBV, XOM, UL, PM, D, KO, RDS.B, O, T

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>Beijing will eventually get what they want, or they'll just build up Shenzhen (I think it was Shenzhen) and let HK decline in importance until no one cares. Eventually, if Beijing controls situations in a way that the HK economy keeps declining and the mainland economy keeps growing, the majority of HK citizens will ask Beijing to take over.
That's Beijing's logic. Doesn't mean it will work.

things about small cap stocks is that most large & popular ETFs ignore them so a lot of them become undervalued, there are definitely some amazing stocks there, probably the better buy than the general broad S&P in my opinion

Looks like a basket full of losers bro.

If SNSS hits $1 today which frankly should happen, it could turn into a sprint to $2

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