carl_marks_1312 [comrade/them]

  • 5 Posts
  • 96 Comments
Joined 2 years ago
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Cake day: June 16th, 2023

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  • High-profile liuzhi detainees include Bao Fan, a billionaire investment banker, and Li Tie, a former English Premier League soccer star and coach of China’s national men’s team. (Li was sentenced to 20 years in prison for corruption this month.) At least 127 senior executives of publicly listed firms – many of them private businesses – have been taken into liuzhi custody, with three quarters of detentions taking place in the past two years alone, according to company announcements.

    State media says the expanded jurisdiction fills longstanding loopholes in the party’s anti-corruption fight and enables graft busters to go after everyday abuse of power endemic in the country’s behemoth public sector, from bribes and kickbacks in hospitals to misappropriation of school funds.

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  • spoiler

    I don’t want to go into very specifics for various reasons, but can elaborate on the approach/process and thinking. Also the risk involved.

    We are in decades weeks times and there’s a lot of geopolitical shifts happening. This means lots of investment/speculation opportunities. Dialectical and historical materialism let’s you understand the laws governing these shifts and helps you find investment opportunities easier™ (This felt soo dirty to type lol)

    Following the news mega and reading the coping and seething in WSJ, CSIS, FT etc. articles in regards to China, reading our comrades very insightful comments to contextualize I have been able to get a sense of what industries are interesting to look at.

    As a starting point I took the US entity list/blacklist of Chinese companies that you’re not allowed to trade. Since I’m euro based, this doesn’t apply to me so I took it from there. Must be a reason why they’re forbidden fruit, right? This is a major risk though. Euros are cucked by US foreign policy and might follow suit. Your assets can be frozen, stock can be worthless, etc.

    First of all it’ll require lots of reading and research on the industry/company you’d like to invest in. Find out what they’re making and what their strategy is. Also take into consideration what the CPCs strategy is i.e. don’t buy evergrande when the CPC has been signaling not to

    Once you have a pick (ideally basket of picks to diversify risk), stick with it for 3-5 years. Any news that comes out will have a major impact on the stock price, so you’ll need to have nerves of steel. You’re not doing day trading after all (which is pure casino).

    There’s significant financial risks involved, so be prepared to lose it all. Just look at the Russian sanctions how far things can go. The geopolitical rift between china and the US is heating up so never know how it can go.

    Good luck stonks-up