Local investors are currently celebrating the historic collapse of Chinese equities by convincing themselves that a 90% loss is actually a sophisticated tax-avoidance strategy.

Financial analysts suggest that staring at a crimson portfolio provides the same adrenaline rush as a car crash, but with significantly less insurance payout.

“Last time my broker say buy the dip, now I dip until inside the longkang,” noted local gambler-turned-philosopher Lim Teck Huat.

“My Tencent shares now only can buy two chicken wings, but never mind, I doing this for the glory of the motherland lor.”

The Singapore government has yet to intervene, as they are reportedly too busy watching their own sovereign wealth fund evaporate into a fine mist of HKD.

“Don't cry lah, if the stock go to zero, it just mean the graph is more clean,” Lim added, while harvesting grass from the roadside for lunch.