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3333 JUST HIT 3.33. ARE WE AT THE BOTTOM?✅PREVIOUSLY ON EVERGRANDE There's 5 waves from 0 to 32.5. After 32.5, A is 18.18, B is 30.15, and we've been on bearish 5 waves since B(30.15) to make C. ✅ WHERE WE ARE Drawing the TL from 32.5(5) to 30.15(B), and put Fib channel(2.0), we can see that the price is trying to bounce off. If so, we'd have the bullish impulse. 💡The absolute principle for trading💡 BUY - as low as possible SELL - as high as possible PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
HKEX:3333Long
by waveslover
2
JICPT| Tencent completed retest, ready to challenge gap! Hello everyone. It's a good day for tech bullish buyers, especially Tencent fans. On the daily chart, I found the retest has been completed with a bullish leg-out candle formed today. Looking above, the next challenge is the gap from HKD513 to HKD528. Also, there is a downtrend line which may weigh on it. Looking forward, the valuation is attractive and I'm bullish on the stock. Though, it could have a second fall to the level of HKD479 before coming back again. What's your opinion? Give me a like if you're with me.
HKEX:700Long
by JICPT
2
[Analysis] Tencent (700)(HK)Even after a 47% retracement from its high, Tencent's uptrend is still intact. Currently, there is a support/resistance formed at 410 and 510 respectively. We do see a huge volume coming in within this price range yet, the price is still holding. This suggests that there is a huge demand coming in to soak the selling. As long as the price remains above the support level at 410, we can safely say demand is coming in and the chances for price rebounding is high. However, before the price proceeds higher, there will most likely be a prolonged consolidation period to exhaust the sellers. Hence, if you plan to buy in during this period, ensure that you have holding power. Or... You can wait for the consolidation to happens and then buy the breakout above 510. Show price drop below 410, we are in a deep bear territory and we should not be holding any longer.
HKEX:700Long
by NimbusCapital
Pounding on SMIC -981In my opinion, the US government is being myopic if they decide to do the following : 1. to delist the Chinese companies in US - about 250 companies that are worth trillions of dollars (not very likely but this is a RISK) So, as much as possible, buy the Chinese companies listed in HK or China else get an ETF not the American Depositary Receipt (ADR) Do not forget many ETFs globally have investable interest in China and many are listed in US and delisting them would severely impact these fund managers' performance too. 2. US-China relationship - read article here . It is not the interest of US to continue its aggressive stance against China. Think again what is China focusing now ? Not the international trades but it is busy cleaning up its own backyard. It is imposing rules and checklist to ensure its billions of users' data are not exploited nor land in foreign hands. The fate of DIDI tells you all. 3. Chips - It would be in severe shortage as more new products are launched and from smartphones to Electrical vehicles, these essential chips are a critical component. TSMC being the market leader is in the forefront followed closely by Korea and China has made 5G, AI and robotic automation its critical pillars of innovation in the years to come and pouring huge sums of money for R&D and investment is tell tale signs that semiconductor companies with good growth potential will benefits in the years to come.
HKEX:981Long
by dchua1969
Rusal gets back on track of correlation to the price of aluminumImplementation of factors that will allow to gain a foothold at 75+ rubles per share in the near future until the end of the year. Significant decrease in debt burden due to the sale of a stake in Norilsk Nickel and strong financial results in the next six months Renewal of dividend payments End of temporary duties from 1st January 2022 Launch of Taishir Aluminum Smelter in 2021 Highlighting dirty business
HKEX:486Long
by lebedev.k.m
TENCENT - First hurdle - Following the previous post in the link below , price is back at another "key" level - Down sloping 50 day moving average - Down Trendline - Below the 200 day moving average We could flag here to reset for the next push up or fade back down to earlier support zone. Im still bullish on the long term but am cautiously watching each level of resistance -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
HKEX:700
by Trader-Dan
Nayuki Announces H1 2021 Financial ResultsNayuki turned losses into profits in the first half of 2021 and its stock price rose 10% following the opening on August 26. As of the noon break, the tea maker was priced at HKD 11.1 per share. According to the firm's mid-term performance report for 2021: - The revenue reached CNY 2.13 billion, achieving a year-on-year increase of 80.2%. - The adjusted net profit reached CNY 48.20 million, compared with a loss of CNY 63.50 million in the same period last year. - In terms of business, the revenue of Nayuki was CNY 2 billion (up 0.4%), accounting for 94.4% of the total revenue; the revenue of Tai Gai, another business under the company, was CNY 77.53 million (down 1.7%), accounting for 3.6% of the total revenue; and revenue of other businesses was CNY 41.89 million (up 1.3%), accounting for the remaining 2.0%. - As of June 30, 2021, Nayuki has up to 578 stores. During the first half-year, 93 new stores were opened, with 65.6% of them situated in Tier 1 and new Tier 1 cities. - In terms of the type of stores, within the first half-year, 49 new PRO stores based in shopping malls were opened, adding up to 20 in total; 29 office-building PRO stores have appeared up to a total of 12; standard stores have reached a total of 492 in number with an increase of 9. - As of June 30, 2021, the number of members had reached 36.5 million, representing a year-on-year increase of more than 30%. The repurchase rate reached 30.3% in Q2 2021, compared with 25.6% in 2019 and 29.8% in Q4 2020 respectively, all above the industry average.
2
by EqualOcean
Kuaishou Announces Q2 2021 Financial ResultsIn Q2 2021, the company generated CNY 19.1 billion in revenue, with a year-on-year increase of 48.8%. According to Kuaishou's Q2 2021 financial announcement: - Revenue rose by 48.8%, reaching CNY 19.1 billion. - Gross profit hit CNY 8.4 billion, representing an 89% growth. - The company's operating loss recorded CNY 7.2 billion, compared with CNY 2.5 billion in the same period of 2020. - Net loss was CNY 4.8 billion, showing an increase of 146.2%. - In Q2 2021, the average daily active user reached 293 million, with 506 million monthly active users. - The cumulative number of interrelated users of the app recorded 12.6 billion, representing an increase of 60%. - Among its major businesses, its online marketing revenue recorded CNY 10.0 billion (up 156.2%), accounting for 52.1% of total revenue; the revenue for its live streaming business was CNY 7.2 billion (down 13.7%), taking up 37.6% of total revenue; and its other businesses generated CNY 2.0 billion, making up 10.3 of total revenue. - Moreover, its e-commerce business reached a total of CNY 145.4 billion in transactions, twice as much as in the same period last year. - In terms of overseas business, Kuaishou announced that the company focused on developing markets in South America, Southeast Asia and the Middle East, with active investment in user acquisition and user activity. During the reporting period, the firm had over 180 million active users in overseas markets.
HKEX:1024
by EqualOcean