The frenzy over GameStop has inspired amateurs everywhere to shake up stock mark…
The frenzy over GameStop has inspired amateurs everywhere to shake up stock markets, including China. Talk of the video game retailer’s epic share surge has taken over Chinese social media. Mainland China’s financial markets are very different from New York’s. Short-selling is highly regulated and incredibly rare, making it hard for Chinese investors to replicate the US frenzy that has pumped up GameStop shares as a way to stick it to hedge funds that bet the company’s stock would crash.
Even so, everyday investors in China have a ton of influence over market activity. There are more than 177 million retail investors, or individual traders, in China. That’s 99% of the investor base, according to December statistics compiled by the China Securities Depository and Clearing Corporation. Chinese investors could in theory try to collectively push up the price of an individual stock and then dump it before institutional investors do.
(📸: Barcroft Media/Getty Images)
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Fabulous sir & very hot 🔥
Her prom was awesome!!
you’re impudent, fairly good-looking…💋😛
AMC TO THE FUXKING MOON
😂❤️
DODGECOIN TO THE MOON AND BEYOND 🚀🚀🚀🚀🚀🚀🚀
Ohh laawwdd 😩
Jesus Christ…..we are gonna…TAKE IT TO THE MOON 🚀🚀
LMFAO
Diamonds hands 💎💎💎💎💎balls of steels 🌑🐕🌕🌕🌕Dodgecoin to the moon and beyond 🚀🚀🚀🚀🛰🚀
They can wait. We can’t invest in their companies so why shouldn’t we do the same.
It’s cooling down, Go to AMC! Lower buy in!
Let Hunter Biden fix the deal. He knows those guys
NOPE!
Welcome to the club!
Lovin it! Hold fast boys! Let’s show the rich they’re not the only ones that can destroy the stock market !
Hedgefunds are getting fked with 0 lube
Of course they do…
If China gets in on this, goodbye hedgefund manipulators on Wall Street. Power to the people
Isn’t China socialist?
You guys are now just posting this cause China is involved? Where’s the post about Robinhood robbing the hood?
Bloody communism!
Of course they do….theyll be happy to bring america down and the communist left will help that along.
It will go through the roof then everyone will sell off and it will go under….my prediction.