Well damn, the #shanghai #national #police #database appears to have been #compromised and #leaked for a #price https://breached.to/Thread-Selling-2022-.. Apparently it was due to a #developer #showingoff and accidentally #leaking their #access #token .
#telsa #stocks are about to #drop as they are very likely not #manufacturing until #may due to the #shanghai #lockdown in #china https://www.zerohedge.com/markets/gordon.. They are already behind too...
#china 's #shanghai #covid #lockdowns are not going well: https://www.zerohedge.com/covid-19/shang..
Very interesting #article on a #foreigner living in #shanghai during their #current #covid #lockdown https://jaapgrolleman.com/shanghais-stun.. Worth #reading this #hackernews #comment where somebody #claims their #brother has not #eaten in 2 days now with zero help in sight: https://news.ycombinator.com/item?id=309.. People are literally #starving out there with very little #hope for now.
Ouch, apparently #china 's #ccp and #cdc have pushed #shanghai to the #brink of #collapse https://www.zerohedge.com/covid-19/pushe.. There is no more #quarantine available, no #ambulances , the #health #cloud *only* #reports #negative #results and much more. Finally we see the real face of #communism as the #people #suffer .
#lockdowns in #china 's #shanghai are now spreading to the entire city, meaning that all #electronics #exports are basically #halted out of #china https://www.zerohedge.com/covid-19/shang.. Damn.
Looks like people in #china #shanghai struggle to obtain #food as the #ccp 's insane #zerocovid #policy means their #economy begins to #shutdown and people are #starving https://www.zerohedge.com/markets/shangh.. Apparently their #shelves are #bare too. #food #shortages plus people #panic #buying means there is likely to be little left...
Keeping an eye on the #shanghai #stock #exchange today, I really expect to see a #drop over the day. #china have had multiple #bond #defaults and will most definitely miss there #gdp targets, possibly even experiencing a #shrink for the first time in a long time. I really suspect it will #shock the #market ... We will see the result soon.
Weird, it's been a #week since I last saw an #update on the #shanghai #stock #exchange - perhaps I don't understand how it works... The #ssec seems to only take a #break over the #weekend - this is the first massive break I have seen since I first started #monitoring the #evergrande situation.
Ouch, #evergrande is continuing to crash and burn on the #chinese #stock #market https://www.zerohedge.com/markets/evergr.. I highly suspect we will see the #shanghai #stock #exchange #ssec crash again today as #investors lose faith in the Chinese #economy ...
Yet another issue brewing in #china - this time #ships waiting to #offload / #load outside #shanghai https://www.zerohedge.com/economics/cont.. What an insane time it has been. #shipping is the last thing I thought that would go to shit for the #ccp - seems like they are endlessly putting out fires these days.
Another #chinese #property #developer appears to be going under, this time by the name of #sunac https://www.zerohedge.com/markets/we-fac.. This very much looks like the early stage of #contagion ... The #shanghai #stock #exchange crashed again over the #weekend in #reaction - I really suspect this #crypto #ban is to stop people getting their #investments out of the #chinese #economy !
Today's #shanghai #stockexchange seems to also be doing well... It's weird, a bunch of #foreign #investors are in the lurch and are set to lose #billions of #dollars - #evergrande is #defaulting on their #debt - many other major companies in #china are on their last legs and their #economy is #rebounding ? Very weird. In any case I expected a #tumble even if only due to #speculation of #contagion - maybe #china 's #ccp is whispering some sweet words into the right ears?
@barray on Wed Sep 22 10:21:11 UTC 2021 said: &eWatch the #shanghai #stockexchange again today, wasn't as good as yesterday but still closed out on a high... It's looking more like they have somehow managed to push back the #evergrande #doomsday event for a while longer. I have no idea which #foreign #investors are still getting tricked into the #chinese #stock #market though... It's very clearly in trouble and everybody knows it.Closely watching the #shanghai #stockexchange - it's really not clear if #china will pull through this or not. They had a small #rebound today, but their #debt #crisis is not getting any better any time soon. There are still *massive* #debt problems that need to be addressed, almost the entire thing is rotten and I suspect they will use the healthy #companies good money to #bailout the shit companies, making a total #economic #collapse even worse. 2023 will be a shit show at this rate...
Closely watching the #shanghai #stockexchange - it's really not clear if #china will pull through this or not. They had a small #rebound today, but their #debt #crisis is not getting any better any time soon. There are still *massive* #debt problems that need to be addressed, almost the entire thing is rotten and I suspect they will use the healthy #companies good money to #bailout the shit companies, making a total #economic #collapse even worse. 2023 will be a shit show at this rate...