China and Hong Kong stocks lost nearly $5T in 3 years

Be fearful when others are greedy and to be greedy only when others are fearful.<p>A rational person might see this as a buying opportunity.

Investors have little appetite for companies which could be nationalized or neutered by an autocratic government.

FYI: Citibank is still down 90% from its pre 2008 levels. 90%!

&quot;Stocks in China and Hong Kong sold off a massive $4.8 trillion in market capitalization since 2021, which according to HSBC, is more than the value of the Indian stock market.&quot;