Comments by "Ray Mak" (@RayMak) on "" video.

  1. It's not making sense anymore
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  2. Dear Bloomberg, perhaps this message may not reach anyone in Bloomberg especially with so many viewers writing in on so many videos on Bloomberg. But I'm writing this with an heavy heart and extremely embarrassed, very desperate to look for a silver lining in the Chinese property markets. When things looked stable and positive in 2021, I invested in 3 bonds. 2 of them are Chinese property bonds Sino 4.75 and Shui On 6.15 and one Japanese Softbank 5.25. I made a grave mistake of investing it on leverage as suggested by my bankers without thinking too much about risks involved since those bonds are supposed to be for stable income seekers. Fast forward this year, the war happened, China lockdowns, interest rates hike, inflation, possibly recession and currency war (low Yen and high dollar). The bonds suffered huge drops and I have gotten a few rounds of margin calls. I'm depressed and desperately hoping that China and the rest of the world will bounce back. I hope there is any financial expert from your end that can offer a bit of advice. And if there is anyone else in similar position as me. I pray for you and let's pray together for better times.
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