In between HSCEI trades

Anatomy of a trade in the Hang Seng China Enterprises Index (HSCEI).

It doesn’t matter to me that this index has fallen 12% today.

I think it has 16% more to fall.

April 7, 2025

rob@karriasset.com.au

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Out of Chinese stocks

I have now exited all (except for one) Chinese related equities.

Years ago, when equity markets were in the doldrums, I would hear people tell me how they would gladly accept a 7% return in a given year.

Over the past 3 weeks, some Chinese/HK stocks and indices have risen 30%.

I bet if many or any caught one-third of that gain, they wouldn’t pack up for the next 12 months and stay away from the markets…….

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