Meet The 'Jim Cramer' Of China

Tyler Durden's picture

26-year-old Hu Bin is China's most popular online market commentator - just four years after starting his blog. As Bloomberg BusinessWeek notes, his success started when Premier Wen Jiabao announced a 4 trillion renminbi rescue plan and as 'Commander in Chief of the Stock Market Army' Hu says "I knew I just needed to be clever and use this chance of high liquidity in the market to make myself famous." The brash, eccentric, and outspoken blogger is among the Top 10 most influential people on the Chinese stock market (though under his alias 'Yerongtian' - though preferring the nickname 'Batman') and notes that "any eccentric behavior would attract people's attention. If you understood this vital point, you could control  people's minds." Hu says he is not a financial rabble-rouser adding that "the stock market in the US is managed by regulations; the Chinese market is managed by humans. The 72 million 'retail' Chinese investors aren't as mature as American investors, and I write to meet their immediate needs." While recognizing the irresistible pull of stocks, he understands he's giving advice to people he knows probably shouldn’t be in the market but are going to invest anyway.

 

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akak's picture

 

"any eccentric behavior would attract people's attention. If you understood this vital point, you could control  people's minds"

And now we have discovered the playbook of AnAnonymous, this fellow's evidently far less successful comrade in consumptionalizing chinese 'american' citizenism (whose nature is eternal).

Too bad it never dawned on him that one must mix a little logic and factual information in with all the insanitation of the cosmonaughty spirit, the blobbing-up, the time-traveling to Eastern Island, the citizenism (which is the most mattering thing) and the monolizing of the speeching means.

Alas, alas, octuple alas, just have to bear with it.

Sudden Debt's picture

people don't want to hear facts.
I constantly have to warn friends who are placing very risky bets in the market.
and when I do give them a tip, and when I say they can cash in a profit of 20% if they do it right, I get the same answer every time.... 20%? that's it?

nevermind they constantly lose their bets and the next bet needs to cover all previous losses.
The more they lose, the more nuts they get.

And any fool that confirms their way of thinking is a hero.

Those who warn are the negative once and they don't want to listen because than they have to realize they lost it all and won't recover it.

CPL's picture

If you explained to them that it only takes 500 2%+ trades to make a couple of million, which happens to be a reasonable amount of trades over a couple of decades...

 

But people are impatient and think we're in Vegas instead of backing good ideas to bring them to market.  That last part seems to be out of people's hands and minds when investing.

overbet's picture

20% is fucking massive? Im all fucking ears for 20%. I would even buy you a steak dinner and get you a hand job at the titty bar. Casinos are built on a couple percent edge on average across all games. People are so fucking retarded. Let them buy lottery tickets.

TheFourthStooge-ing's picture

akak said:

Too bad it never dawned on him that one must mix a little logic and factual information in with all the insanitation of the cosmonaughty spirit, the blobbing-up, the time-traveling to Eastern Island, the citizenism (which is the most mattering thing) and the monolizing of the speeching means.

The magic crazy beanstalk beans that one can trade with the Chinese citizenism hobbos for hastens the blobbing up process remarkably.

JOYFUL's picture

let's be fair here...

our correspondent from the East has come a long way since the 'blobbing up' days of a year or so ago...his(their?*)skill at manipulating English idioms and even manufacturing coherent paragraphs has improved exponentially(though apparently subject to random falling back periods as we have witnessed lately!)

In fact, you could build a case for his(their?*) being a microcosm of the Han reality of the present moment in time...a street level view of China gives one access to a picture of a populace entranced with consumerism, western style, and with making it, a la eternal American style...even in the smaller size cities(here in the south at any rate)the person on the street is dressed stylishly, the cars are uniformly new, the scooters all (smoke n noise free)electric, the air delightfully clean, the roadsides free of debris of any kind, let alone the fabled deposits of Han citizenism which yáll are stuck on...and the women are slim, fashion-crazed, and hot! One of the few virtues of aging is that it gets easier to deal with the hormonal responses to this kind of visual smorgasbord of delights!

Perhaps our verbally-variegated pen pal is simply a youngish Han citizen(citizens?*) of the male persuasion, in need of an outlet for his youthful impulses, which due to the imperfections of the gender balance(greatly in favor of the female)have less chance of being satisfied in the manner of 'social, er, intercourse' than one might wish!

*I've long suspected the Han Citizen behind the AnA Avatar to be a pluralized pen pal...perhaps in the same fashion as our hosts are Tyler(s)...oh, dear!...could it be that the ZH crew have been having us on all the while>??!!>??

hedgeless_horseman's picture

 

 

he understands he's giving advice to people he knows probably shouldn’t be in the market but are going to invest anyway.

Sounds just like our Un-licensed-Financial-Advisor-In-Chief...

“What you’re now seeing is profit [lol] and earning ratios are starting to get to the point where buying stocks is a potentially good deal, if you’ve got a long-term perspective on it,” Obama said at the White House...

hedgeless_horseman's picture

 

 

Apparently, there is no word for suitability in Mandarin, or Kenyan.

"Granny, let me tell you about a real blue chip called General Motors."

http://www.finra.org/Industry/Issues/Suitability/

Joe Davola's picture

the stock market in the US is managed by regulations

 

Brian Sack begs to differ.

Taterboy's picture

"jim Cramer of China" Is he saying Bear Stearns is a buy?

azzhatter's picture

I'm always curious of what type of people are attracted to Cramer's behavior. I mean the guy acts like a fucking moron, plain and simple. Is he going for the moron loving audience? Even if he was of any value, I couldn't bring myself to sit down and watch him. Such a pathetic limp dick asshole carrying on like he's hip or something. Jim, you're a jackoff and stop rolling up the shitsleeves, you have no guns punk. You are just a pathetic old man auditioning as Bozo's replacement

TheFourthStooge-ing's picture

.

I'm always curious of what type of people are attracted to Cramer's behavior. I mean the guy acts like a fucking moron, plain and simple.

"If You Act Like A Dumbshit, They'll Treat You As An Equal"
--- J.R. "Bob" Dobbs

Is he going for the moron loving audience?

It's all a numbers game. Consistent results from polls, surveys, focus group studies, and other marketing research indicate that the largest and most profitable market segment for just about any product is composed of morons.

As they'd put it at the Chinese Communautist Citizenism Ministry of Truth, "the moron target audience is the king target audience."

deejo's picture

He looks chinese

laozi's picture

I am seriously impressed by this conversation. You guys are on to something here.

SAT 800's picture

Corngatultion on eur wecent erection, misser Oblama"

francis_sawyer's picture

There is always a BURR Market somewhere...

akak's picture

"MUST buy Rehman Blothels --- it can't miss!"

The Navigator's picture

What's Chinese for BooYaa?

Fang Pi

laozi's picture

That means "fart" . Often with the implied meaning "bullshit".

Seasmoke's picture

I see a messy ending in his future.

Larry Dallas's picture

This is China. Not the USA. I agree with Seasmoke. He probably won't live to be 30...

Someone will lose a lot and he'll "get dissapeared"...

CPL's picture

V&'d+C&'d

 

Vanned and Canned

Dr. Engali's picture

I wonder if his auditing firm is any better than Jim's.

Dr. Doom's picture

Booooooooooooooyah Batman

IridiumRebel's picture

Rong Appre and Googre........Serr twanspotes.......

realtick's picture

Can we see the URL, or is it censored?

 

Uncle Remus's picture

More importantly, can you read the site once you get there?

realtick's picture

Hoping he spoke the international language of finance: charts

TheFourthStooge-ing's picture

.

Hoping he spoke the international language of finance: charts

Charts? I thought it was sound effects of stampeding cattle and submarine klaxons.

Uncle Remus's picture

"What's Chinese for BooYaa?"

Buick.

Bob's picture

Nobody talking about the NRA's call to "put armed police officers in every school" in Amurika?

 

Uncle Remus's picture

That might be a hint...

Bob's picture

Never thought I'd see ZH shy away from right wing crazy.  Could it be impossible to find a positive, anti-liberal spin for this one?  Nah, I don't think so . . . but I shouldn't have to make them up myself.

Next the corporate education lobby will be calling to disband public schools because we just can't afford to defend them. 

Okay, here we go:  We tried, but the union thugs wouldn't let us. 

deejo's picture

They shud go all out and just put ceiling mounted turrets in every room

adr's picture

We had an armed officer in my high school in the early '90s. Lived in a white community where the biggest crimes were kids stealing beer.

The officer was actually there to stop kids from sneaking out of the school. Mostly to walk down the street to get food, since the cafeteria food would kill you.

overbet's picture

So they can molest children like TSA

Dr. Engali's picture

I think we found out who AnAnonymous really is.

IrritableBowels's picture

A little off topic, but any suggestions regarding mutual funds going forward?  Company plan 401k (Fidelity) will not allow a cash out and will not allow investing in equities. Was leaning towards BRICS, but would like more opinions.

 Thanks in advance.

Water Is Wet's picture

You probably won't get any good replies here, and a lot of smartass answers.  Best help would be to list the ticker symbols for all your fund options.  When somebody asks me this same question, I have to look at holdings of each fund before I make a decision.  Most of them own the same shit.  And then, it all depends on your outlook for the future.