Wednesday, July 8, 2015

Need some help



China Stock Sellers Frozen Out of 71% of Market

Not everything can be fixed by the State... -AK

China Stock Sellers Frozen Out of 71% of Market
by Kyoungwha KimFox Hu

Investors trying to sell Chinese shares have found themselves locked out of 72 percent of the market.

At least 1,331 companies have halted trading on mainland exchanges, freezing $2.6 trillion of shares, or about 40 percent of the country’s market capitalization. Another 747 fell by the 10 percent daily limit on Wednesday, making it all but impossible to find buyers at the prevailing price.

The suspensions, which cast doubt on authorities’ pledge to give markets a greater role in the world’s second-largest economy, mean that the Shanghai Composite Index’s 5.9 percent tumble on Wednesday was probably understated. Investors who got stuck in their positions are turning elsewhere to raise cash, fueling the biggest drop in a month in Chinese government bonds and helping send Hong Kong’s Hang Seng Index to a 5.8 percent tumble.

“It’s absurd, stopping trading just because they don’t want stocks to fall,” said Tsutomu Yamada, a market analyst at Securities Co. in Tokyo. “They’re going all out in trying to stop stocks from falling but it’s not working.”

Chinese equities have lost more than $3.5 trillion of value in less than a month as traders liquidated leveraged bets at an unprecedented pace. Foreign investors extended a record three-day exodus on Wednesday as some said government meddling is making matters worse.
Panic Levels

“Trading halts will affect investor confidence,” said Bernard Aw, a strategist at IG Asia Pte Ltd. in Singapore. “Individual traders will still offload the counters when trading resumes, unless there is a considerable change.”

On the Shanghai exchange, 365 companies suspended trading, equivalent to 33 percent of all listings. A further 992 were halted in Shenzhen, or 56 percent of the total.

The selloff has overwhelmed efforts by policy makers to restore confidence. China Securities Finance Corp., which manages the nation’s short selling and margin trading, is seeking at least 500 billion yuan ($80.5 billion) to shore up equities, people familiar with the matter said Wednesday. The central bank said the same day it would provide “ample liquidity” to the market and the government ordered state-owned companies not to sell shares.

The authorities have “not only failed to stabilize the market, they have actually increased panic levels,” Alex Wong, Hong Kong-based asset-management director at Ample Capital Ltd., which oversees about $129 million, said by phone. “We are reducing exposure, raising cash levels and trying to stay out of the market.”

The Shanghai Composite has tumbled 32 percent from its June 12 peak, while the smaller Shenzhen Composite Index has lost 40 percent. The outstanding balance of margin debt on the Shanghai bourse fell by 93.5 billion yuan Tuesday, the most since the data began in 2010.

“The selling in China will continue for some time,” said Audrey Goh, an investment strategist at Standard Chartered Plc in Singapore. ‘The suspension in trading of a number of companies in mainland exchanges isn’t helping.’’

Sphere Alliance Message #10 - The Dance Begins!

Update: I am renumbering this #10... there is a missing message from the 4th of July which you can read HERE ...which I will insert before this one...  -AK

As received by Denise

After I cleared the space and made my declarations, this was what they shared.  And it felt like a voice like Sean Connery! 

6 July 2015

We say to you this: The dance has begun.
        It will be a ballet....
                ...a waltz 
                   ...and then a jig. 

Many steps, many moves, and much beauty to see with your eyes open.  

We say to you this: Stand above the fray. Do not look down. Keep your heart centered. Breathe deeply our love for you (the human collective). 

This is the NOW we have been speaking of.  It begins.  A beautiful dance if you have eyes to see.

Stay steady dear heart. We are only a breath away.  

Our love and joy surrounds you all as this much awaited performance begins.  

You will know what to do when you go within your heart space. Nothing else matters.

With love and joy, we end transmission.

Sounds very promising!


Sphere Alliance Message #9 - July 4th
Freedom from Tyranny is a Choice

As received by Denise

4 July 2015

I am pure love I only accept messages of pure absolute love and truth.

We are here to celebrate with you.  

It is true that you cannot see us but we can see you.  

Your joy is spreading and rubbing out the fear, the fake fear, the proposed fear.  

It is this day that in your country you celebrate your freedom from tyranny.  

What if we told you there was never any tyranny? Then there would be no reason to celebrate this day.  The tyranny, the supposed tyranny was planned by a few to create this system, this illusion that you live in today.  

It was always for you to choose.  

You (collective you) could have chosen other... that was the energy at that time... the choice was made and the illusion continued.  

Funny you celebrate that choice over others.

We say to you this.  Be in joy.  The end is here.  It is not just “near” it is here!  

We see it. We know that you feel it.  We know that you know it.  You will see it too.

We send you our utmost joy and love and awe of your spirit.  You are at the end and we love you!

End transmission
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