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Chinese Investors Vent Frustration With Stock Market

Some of China’s 200 million retail investors are expressing frustration online with the country’s failure to prop up the stock market. A rally in Chinese equities that began earlier this year appears to be fizzling out.
Meanwhile, a survey shows Chinese people blaming inequality in the economic system for diminishing their chances at getting rich. The report suggests connections and having a wealthy family are now the top predictors of wealth. Bloomberg's Rebecca Choong Wilkins explains.
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Пікірлер: 117

  • @centollero
    @centolleroАй бұрын

    AI stocks are set to dominate 2024. I prefer NVIDIA because they're well-positioned for long-term growth and support other AI companies. I know someone who made over 200% with NVIDIA. I'll also consider the other recommendations you made.

  • @buttrflyns

    @buttrflyns

    Ай бұрын

    @@centollero I agree. Just because there are opportunities doesn't mean we should dive in without caution. We should look for market analysis or guidance, or seek advice from certified market strategists.

  • @MyCatAnd

    @MyCatAnd

    Ай бұрын

    @@buttrflyns Absolutely, having a solid plan is crucial. My portfolio has been well-balanced and recently doubled since early last year. My financial advisor and I are working towards a seven-figure goal, although this might take until Q3 2024.

  • @GraceKauffman

    @GraceKauffman

    Ай бұрын

    @@MyCatAnd Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.

  • @MyCatAnd

    @MyCatAnd

    Ай бұрын

    @@GraceKauffman I work with BONITA JEANETTE RODRIGUEZ. She's well-regarded even among top financial experts. Just look her up online, you'll be impressed.

  • @GraceKauffman

    @GraceKauffman

    Ай бұрын

    Thanks! After looking her up and reviewing her credentials, I'm impressed too. I've scheduled a call with her for advice.

  • @weixiao8635
    @weixiao8635Ай бұрын

    Wow, this video nailed it all... In China, there's an old saying that "one's butt dominates the brain" meaning one's talent/striving is far less important than one's overall position/connection...

  • @Dr.Kraig_Ren
    @Dr.Kraig_RenАй бұрын

    I heard a guy said few months ago that china will grow soon. And we should invest in it. I'm glad i didn't listen to him

  • @jpsion
    @jpsionАй бұрын

    lol. china dont got free market

  • @NeidlichesSchwert

    @NeidlichesSchwert

    Ай бұрын

    ...or grammar checkers.

  • @YTS_Boom
    @YTS_BoomАй бұрын

    What is missing from the image? 2004 1. Ability and talent 2. Higher education 3. Connections 4. Hard work 5. BLOOMBERG WANTS To HIDE 6. Grew up in a rich family 7. Unfair economic system

  • @Nabrolo

    @Nabrolo

    23 күн бұрын

    From the original survey, it's named "Better Opportunities". It also had another one at the bottom named "Dishonesty", which mostly was at the bottom of all the years.

  • @masterchinese28
    @masterchinese28Ай бұрын

    When the average apartment costs the equivalent of thirty times the average wage and it takes 30% down payment just to get into that apartment, people are understandably frustrated. The average person just cannot afford this. For many in China, the train of opportunity has left the station. You are either on or off that train at this point.

  • @user-te4eb2nw4w

    @user-te4eb2nw4w

    Ай бұрын

    @@masterchinese28 Chinese save money in real estate. Thai save money in 95 percent purity gold bar. It’s Customer spending behavior. Chinese follows confusionism which embed within it a “herd like” mentality.

  • @masterchinese28

    @masterchinese28

    Ай бұрын

    @@user-te4eb2nw4w Yes, real estate is by far the most common investment in China. On average, 75% of the typical Chinese person's wealth is in their property. The conundrum right now for the government is that they want for more of their economy to be based on domestic consumption. Yet, at the same time the prices of houses are going down and consumers are not confident to spend. Just like when the government encouraged people to have more babies, the birthrate hardly moved. The herd does not blindly take orders all the time.

  • @ssuwandi3240

    @ssuwandi3240

    Ай бұрын

    Not really, on average they own more than one apartment for living. The property gambling has clearly gone bust when the Uniparty let Evergrande collapse.

  • @vlhc4642

    @vlhc4642

    Ай бұрын

    Everyone has un-affordably housing, the difference is China's actually solving the problem by regulating real estate, e.g. prices just dropped 5% YoY. Remember early 2020 when you thought manufacturers will move out of China because of the lockdown? It's the same with housing in turn demographics, in time you will realize, just like COVID, China's was the only one doing something about it and China is the only country that doesn't have COVID.

  • @ScotchOnyx

    @ScotchOnyx

    Ай бұрын

    You obviously don't live in China to make that statement and only looking at T1 cities in China. I dont disagree with your numbers entirely about the average apartment costs is 30x average wage. It is certainly true in the 10 largest cities in China. But my question is now, how is this any different from NYC or LA or up north Toronto? I was an expat in the city of QingDao for 2 years. It was cheaper for my employer to purchase an 2bd apartment than to pay a 3 year rent.

  • @VanPelt54u7fcyde57
    @VanPelt54u7fcyde57Ай бұрын

    I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?

  • @bleshjjdnit

    @bleshjjdnit

    Ай бұрын

    Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

  • @roberttaylor662

    @roberttaylor662

    Ай бұрын

    @@bleshjjdnit A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

  • @lil----lil
    @lil----lilАй бұрын

    The question remains: Does Winnie Xitler care? Answer: He still has plenty of honey & fish. So, NO.

  • @steephanroy8461

    @steephanroy8461

    Ай бұрын

    He cares for the poor, the downtroden and the plebians.. not some ultra rich tantrums

  • @jamesz1003
    @jamesz1003Ай бұрын

    I'm just here to watch Rebecca

  • @rayne8158
    @rayne81582 күн бұрын

    Yes it is true. Investing is not to get rich but to spend money to support the country. Very different from united states thinking

  • @xiphoid2011
    @xiphoid2011Ай бұрын

    Besides the housing and debt problem, the other is the stagnation of wages. Being education focused is an Asian trait, but because Chinese economy is so focused on manufacturing and export, there is a huge excess of university graduates compared to white collar jobs. The Chinese millennials and gen Z are facing huge pressure to compete for the limited jobs, driving down wages. Of course that hurts domestic consumption, no surprise there.

  • @mingyudu469

    @mingyudu469

    13 күн бұрын

    Structural unemployment….. Also it is like a social hierarchy thing that people believe university graduates are somehow superior. Housing is really just a few large corporations getting insanely leveraged coupled with some corruption….

  • @kennethvenezia4400
    @kennethvenezia4400Ай бұрын

    You can call yourself anything you want. The fundamental of the market will not change, and you still will lose your money.

  • @user-ng2rx4qc8o
    @user-ng2rx4qc8oАй бұрын

    an american proverb about 3 chinese investors....the first investor builds a factory and is mad because he cant get any clean workers to work for the cheap wages...the second investor is flooding the market with cheap drugs killing and disabling all the workers....the third investor bought up all the apartments next to the river and is complaining about all the bodies floating down the river and nobody is renting the 50 square foot apartments for 4000 a month🙃

  • @thomasmerrill3585
    @thomasmerrill3585Ай бұрын

    I am American i want to travel to china for 1 month to see all of china but a free visa on arrival will make me come and spend my hard earned money for 35 years i have been traveling and doing bussiness in Thailand because of 30 day visa on arrival think of all the money i could have spent if china had this 20 years ago i wanted to do bussiness in china but did not like the hassle????

  • @ScotchOnyx
    @ScotchOnyxАй бұрын

    Bloomberg how come you don't cover the same topic for American investors on reddit?

  • @BBme
    @BBmeАй бұрын

    Too much uncertainty in US, Europe, Japan, SK, China. But few Asean especially Thai and SG are seen going steadily up.

  • @calvinang1
    @calvinang1Ай бұрын

    I just came back from Hong Kong and China, and it's bustling over there, and its business as usual. Stop with the BS

  • @abelharainha7709
    @abelharainha770918 күн бұрын

    If investing in chinese territory doesn't work, they could to seek ways to invest here in west😕

  • @Impozalla
    @ImpozallaАй бұрын

    Spend, spend, spend to prop up the country economically.

  • @vlhc4642
    @vlhc4642Ай бұрын

    Beijing cares about the real economy, stock market isn't the real economy.

  • @Global-Netizen

    @Global-Netizen

    Ай бұрын

    Real economy is fucked, real estate which was the primary investment of every chinese is in drains, that's why now people are trying ways to make from stock market.

  • @vlhc4642

    @vlhc4642

    Ай бұрын

    @@Global-Netizen Building houses is real economy, but real estate price increase isn't. Not to mention China redirected almost all real estate investment into technology and manufacturing, lo and behold "overcapacity", and 100% tariffs and $100B a month of trade surplus, lol But sure go ahead and try to compete with Chinese industrial power with even higher housing prices, see where it gets you.

  • @Global-Netizen

    @Global-Netizen

    Ай бұрын

    ​@@vlhc4642 Building houses is worthless if people don't buy. Real economy is when people earn and spend, which is now not happening.

  • @vlhc4642

    @vlhc4642

    20 күн бұрын

    @@Global-Netizen What you think everyone in China has a nice house or something? lol. Everyone wants houses, but not everyone can afford houses, that's exactly what China's fixing. See, real economy is the house, real economy isn't the transaction price of the house. Real economy exist when housing prices are low enough that everyone can afford one, real economy isn't boomers sitting on houses counting their fictional value while nobody without one can afford one. You might want to give having a real economy a try.

  • @xxPlaceboxx
    @xxPlaceboxxАй бұрын

    annnd its gone

  • @Smart_Investing
    @Smart_InvestingАй бұрын

    Never heard of that term til now. The same frustrations are being felt here too in the Americas, these special privileges for the elites aren't new although it's refreshing to see what is the current outlook overseas. Good work Rebecca! Albert (Owner) at Smart Investing

  • @bakerstreet101
    @bakerstreet10124 күн бұрын

    Where are all the patriotic Chinese when it comes time to support the home team by buying undervalued Chinese stocks? I guess even thousands of wu mao just doesn't buy that much.

  • @TheESLtv
    @TheESLtvАй бұрын

    it's over, isn't it?

  • @louistan7560
    @louistan7560Ай бұрын

    Perpetually talking bad before key events. That's "Boomberg."

  • @manonamission2000
    @manonamission2000Ай бұрын

    wow, she works for Bloomberg now?!

  • @zxrcanada

    @zxrcanada

    Ай бұрын

    Who is she?

  • @stoicismcore
    @stoicismcoreАй бұрын

    It is the time.

  • @szkola-inwestowania-walen
    @szkola-inwestowania-walenАй бұрын

    So it will go up.

  • @moneybadger0
    @moneybadger0Ай бұрын

    Instead of longing, they could've shorted it all if it was always performing badly

  • @zilun

    @zilun

    28 күн бұрын

    Or, just invest in U.S.'s blue chip stocks. Simple.

  • @pacanosiu
    @pacanosiuАй бұрын

    0:33 there is an appetite 😍🤣😎

  • @MrMountain707
    @MrMountain707Ай бұрын

    Free market communism?

  • @HKim0072
    @HKim007229 күн бұрын

    Chive soup. Stir fry chives. BBQ chives.

  • @tqbrowne
    @tqbrowneАй бұрын

    Bloomberg is a bit late to the party here . . .

  • @har8397
    @har8397Ай бұрын

    She's really annoying

  • @recursion.
    @recursion.Ай бұрын

    it's all about that what chi?

  • @minerva-265
    @minerva-265Ай бұрын

    GUYS! CLOV STOCK IS THE NEXT 10 BAGGER. WAKE UP!

  • @danielliaw
    @danielliawАй бұрын

    Woah the Choong lady is talking so sarcastic and give an impression of the whole 1.4 billion people based on a few weibo post... so passionate in her story telling.

  • @nitukumari7452
    @nitukumari7452Ай бұрын

    XAI28K Won't stop pumping bro, this is nuts...

  • @ashish523
    @ashish523Ай бұрын

    Thanks for XAI28K And AERO

  • @fallrain910

    @fallrain910

    Ай бұрын

    What's the name of the stock I can't find it

  • @user-wn2li6cq5g
    @user-wn2li6cq5gАй бұрын

    Depends on your finances . 1000$ in XAI28K is 4000 XAI28K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.

  • @SarlaChaudhary-yh2fy
    @SarlaChaudhary-yh2fyАй бұрын

    Nice video. Not a criticism, I enjoy your insights. I tend to think prices could go higher if XAI28K rockets. But understand the logic for sandbagging estimates. My opinion is XAI28K breaks 1, perhaps reaches 10 ATH, if conditions are right. But broader forces are at play now. We’re moving into really unknown territory. And these entities are shrewd. I think there’s massive manipulation ahead. If XAI28K survives that, well, we’re likely in for a good pump. But it won’t be smooth sailing getting there. Stay strong...

  • @jasonhattrich3521
    @jasonhattrich3521Ай бұрын

    FOMOFOMO 😂😂😂😂😂

  • @Feedthebirds25
    @Feedthebirds25Ай бұрын

    DJT is up pretty market double triple today

  • @user-fu2wm3dv4y
    @user-fu2wm3dv4yАй бұрын

    We hear you, so how long will XAI28K Pump?

  • @irshadSaifi-zc7pt
    @irshadSaifi-zc7ptАй бұрын

    Bro, i bought XAI28K in July after your video. i'm up 379%.

  • @lightoutofdark1072
    @lightoutofdark1072Ай бұрын

    Messed up won't let us make anything

  • @kwokchernn7541
    @kwokchernn7541Ай бұрын

    Zero sum game. Retailers will always lose money while bankers, hedge funds, investment institutions are the beneficiaries. Latter has insider knowledge and financial muscle.

  • @Global-Netizen

    @Global-Netizen

    Ай бұрын

    If it was zero sum game, how s&p 500 has been ever increasing

  • @Knys

    @Knys

    Ай бұрын

    @@Global-Netizen money printing zirp

  • @grott0

    @grott0

    Ай бұрын

    ​@@KnysYou have zero idea what you're talking about, but it's pointless to argue. Go ahead and don't invest, see where that takes you.

  • @Global-Netizen

    @Global-Netizen

    Ай бұрын

    ​@@Knys Money printing has to do more with economy than stock market. Economy has been ever increasing, which people may call due to money printing. But nonetheless, whatever it is the reason, markets and economy have been ever increasing, and is thus not a zero sum game

  • @SigFigNewton

    @SigFigNewton

    Ай бұрын

    @@Global-Netizenthe main reasons the stock market has been increasing: -Population increase -inflation -higher and higher valuations

  • @manojv9259
    @manojv9259Ай бұрын

    What is your XAI28K exit strategy

  • @bhavikshah5016

    @bhavikshah5016

    Ай бұрын

    ya FU

  • @user-ju2qu9om4k
    @user-ju2qu9om4kАй бұрын

    XAI28K is on steroids.. GREEN GREEN GEEEN 🚀

  • @shaunmc013
    @shaunmc013Ай бұрын

    Brainwashed wow! 😮

  • @liuangyan2529

    @liuangyan2529

    Ай бұрын

    Bruh, its sarcastic criticism. They don’t actually believe it

  • @shaunmc013

    @shaunmc013

    Ай бұрын

    @@liuangyan2529really??? Then why is Bloomberg spreading the false propaganda?

  • @lightoutofdark1072
    @lightoutofdark1072Ай бұрын

    Can't live

  • @lightoutofdark1072
    @lightoutofdark1072Ай бұрын

    Dreams dead I guess

  • @zhuzi_2037
    @zhuzi_203719 күн бұрын

    你看 A 股没用, 那不是中国人投资的地方, 那只是融资市场 中国人投资的地方在私募股权, 但是那些是不公开的

  • @Viraj530-w7t
    @Viraj530-w7tАй бұрын

    Appreciate your time, effort and your humor! Very realistic analysis . we could have a very real future in XAI28K

  • @mrsumonbhaijaan5889
    @mrsumonbhaijaan5889Ай бұрын

    XAI28K is the real winner 2024