HSI Hong Kong Hang Seng Index Daily Chart Falls into Bear Market Down -20%

Global investors and bankers have been avoiding dirtbag Hong Kong after it was taken over by scumbag Dictator Xi. Why would you do business in a city where all the hotel and conference rooms are bugged by the filthy CCP? Hong Kong used to be the financial hub of Asia and gateway into mainland China but that is toast. Singapore and Tokyo now rise as the financial hubs of Asia as Hong Kong is sucked into full-blown communism.

90 million dirtbags in the CCP, led by the murdering bastard Dictator Xi, control the 1.4 billion Chinese folks. Do any of you understand China? No, you don't. The Chinese folks have no choice but to live under communist rule. If anyone speaks up against the state, they will be either blackballed in society, thrown into prison or a bullet put in their head. If the commie state executes an activist speaking out against the state, they send the shell casing to the family and make them pay for the cost of the bullet. Sick, isn't it? Well, this is communist China.

Chinese folks are like everyone else in the world; they just want to live a happy life, enjoy their families, make a living wage, and most of all not be bothered by the government. But alas, filthy Xi sent the troops into Hong Kong a few years ago to take over control of what was billed as a region that was autonomous from China. There is the "two systems, one China" policy but Xi spit on that idea and Hong Kong turns full-blown communist under complete control of the mainland.

Four main bridges separate Hong Kong from the mainland so it was easy for the Chinese military to walk across and takeover Hong Kong. Taiwan is not so easy. It would have to be an amphibious assault and China still does not have an adequate approach to attacking Taiwan in this manner. If China took over Taiwan, it would be a logistics nightmare to support an occupation. That would be difficult transporting supplies across the seawater 24/7 to support the Chinese military on Taiwan. Xi and his filthy CCP henchmen know this so the takeover of Taiwan by China is probably more bluster talk than something to worry about. China's economy is falling apart.

The Hang Seng peaks at 22700 in January so a drop of -20% is 18160 and lower. The Hang Seng closes at 17950 a few hours ago signaling a bear market. The -10% level for a market correction and -20% for a bear market are asinine signals but the mainstream and business media follows this stupid metric so it warrants attention.

Hong Kong is now just another dirtbag commie region like mainland China. What a shame. Keystone so loves the steps to Big Buddha. The hope was that Hong Kong was the stepping stone for China to transition into a Westernized society and way of life but after the United States gave away technology, and the communists stole the rest, Xi thumbs his nose at America, says thanks a lot sucka's, and keeps sending China, and now Hong Kong, deeper into full-blown Mao-like communism. Such is world history occurring in real-time.

China's real estate sector is collapsing. Evergrande is not grand instead filing for bankruptcy protection. Wealth products in China are falling apart screwing Chinese folks out of their savings for retirement. China does not provide assistance to the elderly; it is a communist state. China would prefer that you die when you become old rather than become a burden on the communist state. Country Garden is the next real estate domino to fall. It smells like a Country Trash Dump. Contagion will follow. Yes, you will hear the 'c' word uttered more and more each day going forward. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added 11:13 AM EST: The Hang Seng Index announces plans to remove Country Garden, which has become Country Sh*t Dump, from the index. That is one way to stop the slide lower in the Hang Seng; simply remove the stocks that are falling like rocks. What a corrupt world.