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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (137453)	2/16/2018 5:27:44 PM
From: TobagoJack	Respond to of 219173

hello elmat, re <<China Construction Bank? Uhm. Interesting,,,>> yes, it was. for goldman wasn't just betting against ccb, but against many china banks including the others i wagered on, and including icbc as alerted you. i did not understand why you per group-think consigned china banks at 5-6x PE and 4-5% yield as metaphysical-shorts, without consultation, less deliberation, and void of reflection. turned out you were just and simply wrong, again. thank you for being a reliable contra-indicator. we whom you denigrate as olives need to follow telling indicators. theory ex-evidence does not even qualify as wishful thinking, because it be just a wish without the thinking. goldman owed up by closing a sad chapter in which they led own shareholders to a shearing. of course, it is not that goldman is big enough to owe up, but because they are contractually obligated to. you are more fortunate. you do not have to owe up by contract or dimension; alas history matters on s.i. as it does in real world. yes, am having a bit of good natured fun at your expense per free-lunch protocol :0) for i do remember explicitly promising you much fun on this thread Message 30891856 Message 30893756 Message 31018774 Message 31107287 ft.com Goldman Sachs cancels bearish bets against China's biggest bank January 30, 2018 © Bloomberg Goldman Sachs has cancelled bearish bets against shares in Industrial and Commercial Bank of China after the bank's stock price has risen sharply in recent weeks. Goldman's Asia unit will exercise call options – which grant issuers the right to buy back a product before final maturity – on structured products linked to ICBC's Hong Kong-listed shares, according to an exchange filing. ICBC is China's largest bank by assets. Its shares have risen 16 per cent so far in 2018, while an index of Hong Kong-listed mainland banks is up 22 per cent in 2018. Strong Chinese economic growth and an easing of investor concerns over asset quality at the country's banks is supporting shares. Goldman clients who bought the so-called "bull contracts" on ICBC profit if the bank's shares rise, while Goldman acts as counterparty, effectively betting that the shares will fall. The closing of the Goldman Sachs position on Tuesday was mandatory and triggered automatically under the terms of its contracts with investors.