when i visited HK recently, met up with some youngish stock traders, who were employees of Morgan Stanley, JP Morgan, the smartest of their cohort. Some have great intuition and spiritual endowment. And they commented it is difficult to overcook stock investment, i.e. to lose monies. As the HK billionaires are air lifting stocks collateral to borrow, margin finance for junk bonds which give them 5 to 6 percent guaranteed return. A favourite trade of private bankers.
hence the dash for 25000 HS index is having the entire participation of the HK retail on the street, with the aim at 30000.
some thinkthank of China government Peking University National Development Institute wrote an editorial piece, dispelling any prospects of RMB devaluation. and forcasting another bout if QE ahead of US election year in 2016.
what the world needs now is another Jerome or Adobola to short the market with 5 billions. Let say you lever up by 50 times, you get 250 billion short position, ready to reap gains of 1 to 2 trillion.