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Old 07-10-2015, 01:19 AM   #76
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Originally Posted by SumAznGuy View Post
Patiently waiting for 4444 to respond to this thread.

ok, here's how i chime in - though it's kinda creepy that you need me to comment:

- stop looking at 'lost value' - the market just had a STUPID bubble run up and is up about 85% on the year. this isn't lost value, it's giving back some of the stupidly gained value. It will fall further as valuations are not right.

- anyone who couldn't see this coming should not be invested. chinese capital markets are not mature, those involved at the beginning are fine, but the people who got involved in the run up and who will lose their shirt are not going to be the wealthy, but will be the middle class, the working people (office or otherwise) of china. chinese stock market volatility is really high compared to N.A. and Western European markets.

- this will have little effect on vancouver, the run up was recent, this downturn will not affect the small number of very wealthy people that could afford to buy the high end of real estate around the world - the people buying 'average' places in vancouver are, factually, residents and citizens of canada, mostly using mortgage debt (this is why i say factually, if you buy with a mortgage, you're not a rich chinese off shore person).

sorry i don't have any controversial to say. i don't invest directly in china and would advise anyone that doesn't like things like this to follow that same advice. you can get plenty of exposure to the chinese economy (not stock market) through the S&P500 as this includes the world's biggest companies that operate worldwide.

there's really nothing to see here, the actual chinese economy (which is WAY more important) is ticking along at some number the chinese government says, which is less than it was a year ago, and is more than it will be next year - again, no surprise. the stock market just had an overzealous run up and now is going back to it's mean...

one controversial thing i will say - take this as a lesson for all asset classes, when prices go away from value, you will revert back to mean, and quickly (with an overshoot)... i'm sure you are all reading what i'm saying, right?
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Old 07-10-2015, 10:52 AM   #77
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China stock market crisis could lead to more real estate investment in B.C.

China stock market crisis could lead to more real estate investment in B.C. - British Columbia - CBC News
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Old 07-10-2015, 12:09 PM   #78
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China stock market crisis could lead to more real estate investment in B.C.

China stock market crisis could lead to more real estate investment in B.C. - British Columbia - CBC News
It's actually the opposite. It would force Chinese investors to sell to cover their positions in China.

Either way, the rise from last 2 days is painfully to watch. China basically made it impossible for big players to sell and the regular folks account for very little (relatively speaking) volume. So the only possibility is to buy, not to mention the 120billion yuan the central bank has mandated to spur into the stock market.

Mark my word, when it start dropping again, it would break through 3000 points in no time.
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Old 07-10-2015, 12:49 PM   #79
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This has been widely reported outside of North America, but very few here. I wonder why..

China?s stock market bounces back, after govt steps in to stop huge slide ? RT Business
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Old 07-10-2015, 03:32 PM   #80
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It's actually the opposite. It would force Chinese investors to sell to cover their positions in China.

Either way, the rise from last 2 days is painfully to watch. China basically made it impossible for big players to sell and the regular folks account for very little (relatively speaking) volume. So the only possibility is to buy, not to mention the 120billion yuan the central bank has mandated to spur into the stock market.

Mark my word, when it start dropping again, it would break through 3000 points in no time.
This is exactly what was thinking too but is there really position to cover after such a loss?

I'm no expert in the stock market, but if it's loss, it's loss, even if you sell your assets and investments, you're not gonna get it back right? If so, wouldn't it be wise to keep your real estate investments in B.C?
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Old 07-10-2015, 03:38 PM   #81
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This is exactly what was thinking too but is there really position to cover after such a loss?

I'm no expert in the stock market, but if it's loss, it's loss, even if you sell your assets and investments, you're not gonna get it back right? If so, wouldn't it be wise to keep your real estate investments in B.C?
Buddy, you are still thinking with your Canadian mindset. You need to put on a Chinese Mainlander hat and consider what they are doing and how much they have borrowed to leverage.

When you are borrowing from other people in China, you better damn well pay them back.

That is all I am going to say.
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Old 07-10-2015, 04:10 PM   #82
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When you are borrowing from other people in China, you better damn well pay them back.

That is all I am going to say.
That or change your name to The Thompsons and move to Terror Lake.
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Old 07-10-2015, 04:12 PM   #83
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When you are borrowing from other people in China, you better damn well pay them back.

That is all I am going to say.

If you borrow money or camp with the awp in China, you could get fucked anytime

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Old 07-10-2015, 05:25 PM   #84
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There's already China investors in the Hong Kong real estate giving up on their unit pre purchase and ditching their deposit because of the recent market crash in China.

Its hard to say that will be the case in Vancouver though as the on average Chinese foreign investors are somewhat better off than the ones investing in Hong Kong. The ones that invested in Vancouver invested way before the huge spike in the Chinese Market in the last 6 months and decline in the last month would probably not force them to sell off their Vancouver homes just yet.
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Old 07-10-2015, 05:35 PM   #85
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I recently met an asian older woman who is a real estate agent, what is the most polite way to ask if she's single?

Got me some yellow fever
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Old 07-10-2015, 05:39 PM   #86
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I recently met an asian older woman who is a real estate agent, what is the most polite way to ask if she's single?

Got me some yellow fever
You will not get her pussy wet by telling her you rent.
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Old 07-10-2015, 06:11 PM   #87
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If you borrow money or camp with the awp in China, you could get fucked anytime

Yeah, chase after the guy with the knife.
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Old 07-10-2015, 07:43 PM   #88
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I recently met an asian older woman who is a real estate agent, what is the most polite way to ask if she's single?

Got me some yellow fever
asking if someone is single is the worst idea ever.

if they are not single, and they tell you, or hesitate to tell you, then it becomes awkward and you just closed a door on yourself.

if they are into you, you just see where it goes.

is she mainlander? if she's mainlander, being single or married doesn't matter. relationships in china... everyone's fucking everyone else behind everyone's backs. LOL.

everyone is promiscuous. just try. that's the only thing you have to do.

you could become another one of her boy toys. if she's into that. maybe her favourite one. it will come with a lot of benefits LOL.

rich women, are exactly like rich men. they frolic through fields of options, doing a small dance with each one that passes.
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silvia i have a couple asian guy friends that do very well with the ladies. but guess what, they go to the gym, they dont have long hair, they dont wear orange pants, and they dont play counterstrike. its not the ethnicity that the girls dont like, its the style and personality.
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Old 07-10-2015, 07:56 PM   #89
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Old 07-10-2015, 08:41 PM   #90
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This has been widely reported outside of North America, but very few here. I wonder why..

China?s stock market bounces back, after govt steps in to stop huge slide ? RT Business
Maybe because you're not looking?

China stocks rebound: Is the worst over? - Jul. 9, 2015

China stocks bounce back after days of panic selling among investors | Business | The Guardian

China bounce snaps five-day equity sell-off | Reuters

Why China stock market will bounce back--commentary

Sorry it seems like I am picking on you, but seriously man you are looking for a fight for no reason. The "western media" isn't trying to make people hate China. You don't have to trust state run media to get "the truth".
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Old 07-10-2015, 10:12 PM   #91
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or camp with the awp
LOL!

Camp with the awp!

Spoiler!
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Old 07-10-2015, 11:22 PM   #92
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is she mainlander? if she's mainlander, being single or married doesn't matter. relationships in china... everyone's fucking everyone else behind everyone's backs. LOL.

She was not born here. I have never hit on a mainlander before!


I was thinking I would send a "thank you" envelope to her office, thanking her for the house tour and asking her out for dinner at a nice Kits restaurant that I'm sure she would enjoy. Just leaving my number and signing it, putting the ball into her court.


Flirting like that is my style, putting the feelers out there and if they're interested, they'll bite. Assuming, of course, that mainlander women are like the typical Canadian woman who will nibble whenever you dangle a worm in their direction!
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Old 07-10-2015, 11:29 PM   #93
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You will not get her pussy wet by telling her you rent.

Younger, dispossessed women care more about the things you own and how your level of status makes them more important,
Older, established women care more about how you make them feel, and the functional ability of the property between your legs.
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Old 07-11-2015, 12:05 AM   #94
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Maybe because you're not looking?

China stocks rebound: Is the worst over? - Jul. 9, 2015

China stocks bounce back after days of panic selling among investors | Business | The Guardian

China bounce snaps five-day equity sell-off | Reuters

Why China stock market will bounce back--commentary

Sorry it seems like I am picking on you, but seriously man you are looking for a fight for no reason. The "western media" isn't trying to make people hate China. You don't have to trust state run media to get "the truth".
Who said anything about getting information from state media to find the truth?

All I said was propaganda, it doesn't need to come from state media to be propaganda news. All news media sources are bias (if it's bias/manipulative enough, it's propaganda), just depends on which side of the spectrum the owner wishes to lean on.

My original comment was about North American media sources, you got 2/4 right, Guardian and Reuter are from Europe. Most North American news sources did not report that. I stand corrected.

and I feel that you're nitpicking to try to pick a fight.

Last edited by willystyle; 07-11-2015 at 12:11 AM.
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Old 07-11-2015, 02:10 AM   #95
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ok so will China still be the leader of global economy or what? Like everybody used say?
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Old 07-11-2015, 02:43 AM   #96
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ok so will China still be the leader of global economy or what? Like everybody used say?
Timpo, ur such an idiot!

Stock market bubbles and underlying economy are not related. The economy will move as it does (especially a planned economy like china).

The only variable here is if enough people lose confidence and stop buying, this is unlikely here given the low percentage of people that invest in the stock market, especially in China
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Old 07-11-2015, 03:19 AM   #97
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Most North American news sources did not report that..
They all did. I thought you were still on the "western mainstream media tries to make China look bad" idea. Now it's just "North American mainstream media". I'll keep that in mind from now on.

I could look up every single North American media source and find that same story you think never got written. It would be a waste of time though, just rest assured that you're wrong and it did.

Some may have a bias, but that doesn't make it propaganda. Some papers are left leaning, some are right, some try to be neutral. People tend to read the papers that support their own opinions. That doesn't mean it's propaganda, it just means it's from a different perspective. Facts are still facts though, and that's what gets reported, unless the source is completely shady and untrustworthy (look at any link CiC posts for this).

The same can not be said for state run media. That is pure propaganda plain and simple.

Like I said I don't mean to pick on you. I am just trying to convince you that your feeling that there is this anti china sentiment in all western (or now, north american) media is just wrong. Maybe some assholes have that feeling and it comes through in their writing, but there's no conspiracy to try to make a country look bad. I'm not trying to start a fight, I'm just letting you know...
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Old 07-11-2015, 08:22 AM   #98
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Assuming, of course, that mainlander women are like the typical Canadian woman who will nibble whenever you dangle an anaconda in their direction!
Fixt.............


worm? hee hee
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Old 07-11-2015, 12:56 PM   #99
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Maybe some assholes have that feeling and it comes through in their writing, but there's no conspiracy to try to make a country look bad. I'm not trying to start a fight, I'm just letting you know...
China (among many countries including Canada) doesn't need any help making themselves look bad from the media. Their government corruption, greed, and lack of respect for their citizens can do that for them quite well.
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Old 07-11-2015, 01:18 PM   #100
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I am just trying to convince you that your feeling that there is this anti china sentiment in all western (or now, north american) media is just wrong.
I disagree! I believe there is an anti-china sentiment among major western mainstream media. It doesn't take much digging to know. For every 10 news stories posted about China, 9 of them are negative from the west. Many of the positive news stories that happen in China rarely ever get printed. You can go all day listing reasons why. I believe the news media is standing behind the stance of our governments and that is to paint Russia and China to be part of this evil cult. Unfortunately, many fall for it, and chooses to believe it. This is my opinion, and I don't expect everyone to agree.
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