Hello everyone, this is Cissy in Hong Kong.
In China, there’s a saying that when inexperienced investors start playing the stock market, it’s time to get out. Events of this past week seem to back up that notion.
Hong Kong shares plummeted on Tuesday, the day mainland markets reopened after the seven-day Golden Week holiday. Someone I know of, who isn’t an experienced stock trader, had borrowed heavily to invest in Hong Kong-listed Chinese property stocks last Thursday, but on Tuesday, he suffered heavy losses as his leveraged position meant he was forced to liquidate his holdings.
您已閱讀8%（586字），剩餘92%（6365字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。