My gains last few months before kweb plummeted was around RM7999

Now my gains is only RM900

Lol I was speaking in low resolution...

I didn't say they should cut loss and enter arkk. I was just giving examples of super risky ETFs..

They should stop re-opt by increase allocation to KWEB.. they increases from 15% to 20%...what for?

Is like catching the falling knife...

This post has been edited by Oklahoma: Sep 17 2021, 10:53 PM

I lost around RM7000, ok la it was paper lost. But it's a time waster.

How MucH u PUT in SA? Maybe for high net worth client only

SA is burying themselves deeper and deeper everyday, by defending kweb. I'm so done. Expect a run on Monday for KWEB. Actually fuck the run is already happening right now.

https://www.google.com/amp/s/amp.scmp.com/n...exchanges-audit

US takes new step on delisting Chinese companies from stock exchanges for audit violations

Rule threatens hundreds of Chinese businesses trading on US markets. Regulation is latest step in Washington’s broader pursuit of financial decoupling from Beijing

There will be mass delisting of Chinese stocks from US markets by 2024 by US regulators

Published: 12:07am, 23 Sep, 2021

The US audit watchdog adopted a new rule on Wednesday that will help the board force companies flouting US audit regulations to delist from US exchanges, a move that threatens hundreds of Chinese businesses. According to the rule, which was first proposed in May followed by two months of public comment, all companies with headquarters in a jurisdiction where the authorities refuse to let businesses comply with US regulators will be considered non-compliant, with limited exceptions. The statute adopted by the Public Company Accounting Oversight Board (PCAOB) does not mention China, but clearly refers to it since Chinese authorities – citing state secrecy laws – refuse to make available auditing results of companies based there. The adoption of the rule was the biggest step yet by the US toward instituting the Holding Foreign Companies Accountable Act (HFCAA) that became law at the end of 2020. Under the law, foreign companies listed on US exchanges will face delisting if they fail to turn over audit results for three consecutive years.

This post has been edited by Oklahoma: Sep 25 2021, 09:43 AM