Fundraising by Chinese firms in limbo amid tougher scrutiny of IPOs
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Chinese companies are staring at the prospects of a drought of new equity
capital as tougher domestic IPO rules and challenges in listing overseas
severely...
1 hour ago
Follow the Spanish bullfighters. When bull is still running & charging, play with it. When bull is dead, just cut it up & enjoy beef steaks.
ReplyDelete"When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing" - (2007) Chuck Prince, ex-Citi CEO
Greed & fear??
ReplyDelete"Fear is the path to the dark side. Fear leads to anger. Anger leads to hate. Hate leads to suffering.” - Yoda
And suffer you will, when the markets are already down -60% and you can't stop kicking yourself for not cutting loss earlier. Hohoho