China stocks just had their best day in 16 years, sending related U.S. ETFs soaring
https://www.cnbc.com/2024/09/30/china-stocks-just-had-their-best-day-in-16-years-sending-related-us-etfs-soaring.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Message
Posted by GoMx808-0
10 Comments
Then why am I down today?
Nio looks nice
No, it’s an inverse relationship.
Just gonna dump now that the pump occured.
Get ready for the rug pull
Bought nio and baba shares and it immediately started dumping wtf
Bought puts on kweb ~35.80 this morning. Making bank. Way too many gaps below to ignore at this point.
bought the NIO top 
aside from the usual reddit thing about age old collapse theory,
their P/E ratio, at least compare to the U.S. numbers, are cheap like hell. If they just ask everyone to spend a portion of their salary in buying stock evey otherweeik (aka, 401k)…
The rate cut and stimmy package is a bandage to the economic bullet wound that’s been decades in the making with China growth at all cost mentality.
Last time i checked their real estate crisis is still a massive problem, international companies are moving their manufacturing from China to more US politically friendly countries like Vietnam or India, their birth rate is shot to hell and so many other factors.