Blog: Half a trillion dollars wiped from China markets in a week as clampdowns shatter confidence

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4 comment(s). Last comment by calvintaneng 2021-08-21 21:28

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-08-21 17:53 | Report Abuse

Wipe outs are Tech stocks like Alibaba, Tencent and others

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-08-21 18:25 | Report Abuse

Neither Warren Buffet nor Australia was caught up during the Dot Com Bubble years of 2000 at the turn of the century

So when DotCom bubble bursted both Warren Buffet and Australia were not affected at all

All who took heed to hide in the safety of agricultural stocks will do well if they had sold China tech stocks early and switched

stockraider

31,556 posts

Posted by stockraider > 2021-08-21 19:05 | Report Abuse

The difference between dot com bubble & now....is now most technology stock make most monies mah!

calvintaneng

56,242 posts

Posted by calvintaneng > 2021-08-21 21:28 | Report Abuse

Just watch Aug 21 results

palm oil stocks will beat all tech and other Stocks in earnings by a very big margin

Nov 21 results palm oil will outshine all others

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