JD Price TargetPrice target for JD is $62.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
China
MPNGF Price Target Price target for MPNGF Meituan is $27.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
Nio - Watch out for the break out of the channelHello everyone,
China said Wednesday that it would keep its stock markets stable and take measures to boost economic growth in the first quarter, according to the state-run Xinhua News Agency.
The government should roll out policies favorable to capital markets while being cautious in introducing contractionary measures, according to the Financial Stability and Development Committee under the State Council, during a meeting chaired by Vice Premier Liu He.
This is huge, because the reason why Chinese stocks were down so much was due to delisting fears, unstable political environment and the recession looming over us.
While the recession and the war between Ukraine and Russia is not going anywhere as of yet, the improvement in the policies of China and significantly reducing the fear of delisting is something that will have an affect on all the beat-up Chinese equities, at least in the short-term.
Nio is trading inside a decending channel and we need to watch out for a break and possible retest of the last resistance.
In case it does not break though, we are headed down to the 10$ mark.
Good luck!
BULLISH CHINAAt this Point its time to INVEST IN CHINA
SL: 53
After a Big Correction its time to invest in the Future............. and the Future will be CHINA
Take advantage and the timing looks good for me.
So long and thanks for the fish!There is getting to be a solid case for a significant move lower between now and the end of the month.
The Hang Seng index broke down below March 2020 lows
A Gap in SPY/SPX from Apr5th 2021 is looking to get filled, the same gap when the Overnight RR broke out.
You know.. right after the prime brokers threw Archegos under the bus.
Russia is still afraid to open MOEX and thinks 10 billion (what usd?) is going to keep Russian equities a float.
MGA lost over 6Billion in market cap just for having a couple factories in Russia.
The effects of prolonged negative gamma are starting to show, but don't think hedge funds or market makers are suffering to much.
I would venture a guess that banks have been waiting since apr 2021 to buy the dip.
There will likely be a thrust lower to fill the apr 5th gap between now and April 1st.
trade safe. stop blowing shit up.
CHINA BIG DIP analysis + TENCENT (e-commerce, fintech, gaming)Hello Traders, Investors and Speculants :),
You probably heard about Tencent holdings investment group.: These days you can hear some Fundamental analysis about Naspers / Prosus tranfer (spin-off) from South Africa exchange to Amsterdam.
Many super-investors (value investors) like Guy Spier / Mohnish Pabrai are most likely increasing their position in Tencent directly or via Prosus shares.
++ others are buying CHina stocks // Charlie Munger = BABA, Ray Dalio increasing positions, Nitin Saigal fully invested in China ...).
So Why would you need another analysis if they are alredy buying?
This thread will be purely my opinion about oportunity for Buying into Tencent and many China located gigants + why I think, we are near the temporary bottom of correction = of Wave A !!
If you look at biggest China companies, almost all of them reached All-Time-High from November 2020 till February 2020 = Potential TOP of China growth-tech bubble.
(this time it could be e-commerce, finTech, Gaming companies + Crypto of course...)
Lets take a look at few of them, this thread will continue in comments so stay tuned.
TENCENT as one of biggest Chinese companies (acting more like ETF based on around 700 holdings).
AliBABA
KWEB - China internet ETF
MEITUAN (Btw biggest Tencent position)
SEA Limited:
NIO:
Whats interesting even some Non-China Fintech companies reached their ATH around this time like StoneCo (Brazil).:
SOuth America - Mercado Libre - MELI:
While in the US, Covid related restrictions and fear of investors was probably slightly delayed by several Months:
is still near thSPX, AMZN, and other FAANG ggants are still near ATHs, some of the FinTech and e-commerce companies start to fall.
PAYPAL:
SQuare:
Conclusion + Investment Thesis:
1) Be very carefull with catching the falling knife. Wait for pure Buy signals and signals of reversal at least at 3D/1W charts. Also consider buying only with very good RRRatio + clear setup.
2) China could be very good oportunity for short term BUY-LONG setups when you will be able to count all subwaves of Wave A but still be very carefull. (Around 1-3 months from now).
3) US and western - world conutries will probably continue to fall in dozens of % DOWN. (US is delayed, it could take around 3-6 months to reach bottom and point of maximum fear of retail and small VC investors.)
Patience folks, patience.
AVGO exposure to ChinaThe U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia!
This is a move that could have huge impact on American companies.
35% of AVGO Broadcom revenue comes from China.
My price targets from AVGO are $460 and $422.
Looking forward to read your opinion about this.
NXPI exposure to ChinaThe U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia!
This is a move that could have huge impact on American companies.
38% of NXP Semiconductors revenue comes from China.
My price target from NXPI is $134.
Looking forward to read your opinion about this.
Short Term Long; Long term ShortIt's clear Baba's RSI on the weekly is forming a base, as well as coming into a long term support trend. When the overwhelming majority are looking short/bearish the scales then tilt and no one is left to sell and only buyer are left to drive up price action. Short term accumulation zone is $75-95, buying long term LEAPS for March 2023. Not financial advise; short term if Baba establishes a minor trend change it will likely run. Keep in mind it will not be out of the woods until we clear $180-200, at which point the fib retract will favor a symmetrical triangle over the potential descending triangle currently being formed.
Conclusion: Baba's chart has a lot of work to do before it can change the long term trends, however sentiment is overwhelmingly negative regarding sentiments that do not affect the companies fundamentals. I see a great entree level at present moment with take profits at $125 & 150
Trust the charts and ignore the media FUD, price actions is king! GLHF!!
Chinese Real Estate YikesYikes. Nothing else really to say here, just another domino falling even further.
The chart is an average (1 year or 2 year avg, can't remember, sorry!) equally weighted index of some of the big companies with lots of domestic investments. A handful of these companies, and maybe some not in the chart, are failing to pay interest payments on debt.
Good luck and hedge your bets.
CHINA THE GREAT COLLAPSE pulled 786 of the 12 yr bull market Well whats next . so far china 12 yr bull market with growth of 7 % or more has just drop a fib pull back to .786 and to match the what was called the GREAT BEAR MARKET CRISIS it drop then 72.5 % this world match it a target of 5840 to 5750. is the rest of the world to catchup or we about to see an event my next major spiral turn which also my fib cycle event march 25 plus or minus 1 day so far these are the past turn dates 3/18/ 21/2020 low 9 2 2021 a top for most market 1/27th 2022 +or - 1 a low . feb 16/18 flat 3/25/22 is a minor date for 3/21 2022 and 5 spirals I stand by a world event on or about this date
CHINA COMPOSITE INDEX China and future expansion. BTCWho doesn't understand what this Chinese index is.
The SSE Composite Index is one of the most important indices in Asia. The SSE Composite Index has been calculated by the Shanghai Stock Exchange since 1990. The SSE Composite Index includes shares of all companies listed on the Shanghai Stock Exchange in lists A and B. Conventionally all these companies can be divided into several main sectors: finance, materials, production, energy, food products, health care and telecommunications. The financial sector is the undisputed leader, followed by companies in the manufacturing sector. The SSE Composite is an excellent barometer of the Chinese economy because it is calculated on the basis of daily share prices.
The chart has a large timeframe of 1 month. A huge symmetrical triangle with a base of about 470% has formed on top of the trend. At the moment the index value is cornered with minimal volatility, we are in the final phase of forming the figure. Soon there should be a decoupling, perhaps a "steam down" before a new run. 13 .
It is worth noting that the Paralympic Winter Games in China end on March 13. Perhaps after they are over, China and not only (it is first of all) will move to intensify its "military exercises" and statements. Recall, 20 02 2022 (22222) ended the Winter Olympic Games in China (not the Paralympic), and 24 02 2022 Russia (unofficially with Belarus) began a sharp phase of exercises in Ukraine. In fact, the launch and preparation of the "non-exercise" began 22 02 2022 (222222). China may repeat it and it will naturally have a very strong effect on its indices and economy. Bitcoin will react very strongly for obvious reasons. The wealth of the Chinese is not comparable to that of the Russians.
Also note how the head and shoulders were formed before the triangle began to form. Which has a very strong resemblance to the price formation on the BTC/USD pair at the moment (July-March). Make a comparison. Then, as you can see, there was just a vertical increase in the index (the Chinese economy) by a fantastic 470% from quite high values initially. That's the kind of thing few people expected at the time. The comparison with bitcoin and the former index values before the vertical rise of 2005-2007 is just an observation no more, but very illustrative.
BTC/USD Main Trend. Timeframe 1 month. Notice what zone the price is in now.
BTC/USD Now 07 2021 - 03 2022 Timeframe 1 week.
CHINA COMPOSITE INDEX Timeframe 1 month. Comparable area before a fantastic vertical rise of a huge percentage.
CHINA COMPOSITE INDEX Projection of achieved index targets to potential targets with the same % on BTC/USD
Is the Evergrande crisis over?The looming collapse of China Evergrande Group (HKG:3333), the world’s most indebted property developer, has roiled financial markets for months, threatening a contagion with far-reaching implications on China and the wider economy.
In the early months since Evergrande’s financial crisis came to light, Beijing stayed mum on the issue, although the People’s Bank of China pumped billions of yuan in liquidity in what was seen as an attempt to quell liquidity concerns.
Over this time, Evergrande’s stock price slipped 95%, from ~25HKD to ~1.5HKD, where it has stagnated for all of 2022.
Evergrande’s massive debt pileup
Evergrande, once China’s second-largest real estate developer, is drowning in more than $300 billion in debts to suppliers, contractors, creditors and investors. The company’s crisis partly stemmed from the introduction of Beijing’s "three red lines" rule in 2020 that made it harder for developers to seek bank financing to fund their projects.
Another Lehman Brothers moment
The large exposure of Chinese banks like Minsheng Bank, Ping An Bank and Everbright Bank to Evergrande prompted many financial watchers to predict that Evergrande's debt crisis could extend beyond China’s property and financial markets, warning that it could spill over to the global markets similar to the Lehman Brothers collapse that resulted in the 2008 global financial crisis.
These fears intensified as Evergrande missed payments on a number of onshore bonds. The world’s three major credit rating agencies have already declared the developer to be in default after missing on its bond interest payments late last year.
However, some analysts have played down concerns of Evergrande being the next “Lehman moment,” as they expect Beijing’s policymakers to prevent the crisis from being a systemic risk.
Beijing steps in to limit fallout
To minimize the potential impact of Evergrande’s looming collapse, Beijing has stepped up its efforts, but without a state-led bailout in sight. Back in October, the Chinese central bank said the risk of Evergrande’s liabilities spilling over to the country’s financial sector is "controllable,” while confirming reports that relevant government agencies and local governments have been carrying out risk disposal and resolution work to mitigate a potential contagion.
In recent weeks, a number of news outlets reported that some banks in China have lowered mortgage rates, offered subsidies and allowed developers to access their funds on escrow in an attempt to revive the housing market.
Beijing also started urging state-owned developers to acquire some projects of troubled builders to help ease the sector’s liquidity crunch. Fitch Ratings recently said Chinese developers are poised to see more small-scale mergers and acquisitions and the impact on buyers’ leverage are predicted to be small "as they select projects with promising returns."
Light at the end of the tunnel
It may take months or years for the property sector to recover as developers continue to struggle with a cash crunch that prevents them from meeting their debt obligations.
However, with Beijing’s subtle approach in reviving the property market, Evergrande’s recovery may be drawing near. In February, new home prices in 100 cities in China rose for the first time in two months, further recovering from the slump in November when prices contracted for the first time since 2015.
Policy reforms could encourage home-buying this year as the government included the healthy development of the real estate sector in its government work report unveiled by Premier Li Keqiang over the weekend. Li said authorities will seek to promote the commercial housing market and stabilize house prices this year.
Foreign investors that purchase bonds and other securities from Chinese builders should closely monitor developments surrounding Beijing’s policies for the sector.
Was the U.S. & China Involved in Bitcoin Price Suppression?Today let's take a look at something I've uncovered regarding top bitcoin hodl'ers, price suppression, and ...is this a bullish indicator for bitcoin and cryptocurrency as a whole?
TradingView Peeps. House rules state that I cannot provide any links in this description. In fact, I cannot even hint at where you may be able to find them. So... I don't know?
China Hang Seng Index - Bleeding closer to stop at 22200 - 225002021 has been insanely a difficult year of US investors invested in Chinese stocks due to the uncertainty revolving around the Tech crackdown, stock delisting, etc.. While the US and India market have been on hyper bull run, Chinese stock holders have lost more than 50-90% of their investment. Example, BABA is more than 60% down, education stocks GOTU & TAL are 95% down. Lot folks are nervous, holding bags with deep losses, staring at uncertainty. I have some good news for them, the bleeding is going to stop in next 2-4 months. I have gone all the way back to 1999 chart, looking at the major crashes. There's a strong support trend line that connects all these bottoms, the next one is pretty close. HSI should bottom out around 22200-22500 and then pick up for another massive bull run. Money will flow out of US markets to China, as the Fed tightens the policy and start raising interest rates. Chinese stocks are dead cheap now, and might drop a littler further, but long investors can start accumulating the good quality companies like BABA, BIDU, JD, etc.. Risk vs Reward ratio is very high.
CMP - 23618 , short term target 22500 - 22200 , long term target breach ATH in 2-3 years.
PROSUS (1D) - Waiting for DIPHello Traders,
Prosus act as a Fund which is holding around 28% of TENCENT shares + some other interesting businesses (like e-commerce, food delivery, Payment systems, Elearning platforms) ...
For long term hodling this could be interesting pick. But is the Price correct right now or should we wait with Buy orders ?
CHart should show it all. We can see sometjhing like impulsive waves 1-3 are alredy visible withtiny wave 2. So currently finished triangle could be wave 4. = Market is hesitating if the price is alredy good for Long.
Hopefully there will be another leg down to green support zone.
There could be our Low Risk / High Reward setup to enter LONG position. (For LONG term !!) short term it could dip deeper. ;)
Patience folks. Trade safe.
Trading Idea - #TencentSELL/SHORT!
ENTRY: 61.80 USD
TARGET: 48.70 USD (profit 21%)
STOP: 68.12 USD
The trend is your friend!
Fair price for Tencent is 47.00 USD to 50.00 USD. This range is the aim of the next SHORT trade.
Stop loss above the last touch of the downtrend line (Septermber 2021). Target is the POI of the last year.