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HKim0072
China Observer
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Comments by "HKim0072" (@HKim0072) on "China’s Financial Center Falters: Even Blackrock’s Discounted Offices Unsold, 60% Remain Empty" video.
Actually, it's good for non-Chinese assets. It's part of the reason why the US market is up (and Japan). No one wants to invest into China stuff. The 10yr UST is at 4.48% and the SPX is 1000 points higher when UST was at these levels.
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Too lazy to research the securitization market in CCP China. I know the derivatives market (CDS) is way underdeveloped. It's hard to know who "owns" the risk in the commercial market.
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@thuandao4243 Totally the opposite of what BLK does. Their AUM is so high, they have to have their hands in every pie. They are so diversified, it stunts overall gains sometimes. It's why the "good" hedge funds stop taking new funds.
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