U.S.
-listed Chinese stocks plunged to their lowest level in nearly a decade, losing tens of billions of dollars in market value on Monday, one day after President Xi JinpingThe Nasdaq Golden Dragon China Index, which tracks dozens of Chinese companies listed on American exchanges, fell more than 14% to its lowest close since April 2013, erasing $73.4 billion in market cap since Friday’s close through Monday, according to Dow Jones Market Data.
每个领导人都有自己的政治抱负，没有任何一个领导人是想要毁了这个国家的，国家想发展的好，政治稳定最关键，既然党派无法选择，那谁当领导人都一样，但是如果因为多个派系集团的斗争而导致很多好的政策落实不下去的话，那么重用自己的人是保持政治稳定的重要一步
What is interesting is that the markets didn't capitalize this into the prices sooner. After all, it was a foregone conclusion. Maybe it was far worse than expected but again if the markets are accounting for 'risk' then this too should have been priced in.
Rare look: Moments before former Chinese President Hu Jintao was escorted out of Party Congress
Glad I didn’t invest in any of them. And the millionaire traders still made money.
Never go full commie. Dude is gonna need some amount of capitalism to create jobs and feed the masses.