it's not about rate hiking...
many analysts/observers treat it as a big thing. Some even think it's the most important event in 30 years.
for sure it's the most important decision making points for the new generation leadership.
there might be new policies dealing with the massive realty bubble.
if the entire china economy got turned off, it would impact all chinse stocks listed in US.
I personally don't believe that would happen. But it's what many fear about.
anyhow, we will see within a couple of days.
I heard they could decide on a rate hike in regards to the real estate bubble. that's what CNBC picked up.. I don't know for sure..
Sentiment: Strong Buy
but that has always had a small effect if any on adr's
sounds like it would do more harm in the face of a chinese stock market that can't get out of its own way.
i think its all a lot of noise because the entire issue has been so trumped up. China loves the element of surprise.