Kuaishou-w (HK) Information Technology |E-Commerce & InternetHas Kuaishou bottom? We observed Kuaishou has potential to reverse and formed a higher low with volume profile. Any pull back and form a bullish candle can seen an entry and trade to the next resistance level.Longby Ncspace_Investing1
Ping An (2318): At Key SupportPING AN (2318) Analysis Forecast: Expect price to stablise and retest HK$79-80.00 area Analysis is For: Single Stock Tactical Allocation (Greater China Market) Swing Trading - Generate Portfolio Alpha Supporting Technical Observations: 1. Trading at Resistance-turned-Support and High Volume Node Levels 2. Hammer Pattern 3. Fund Flow Index (FFI), Positive Divergence 3. Relative Strength, Positive Divergence Stop Loss HK$60.80Longby Brandon_Leu1
Country Garden Announces H1 2021 Financial ResultsDuring the six months through June, the company generated CNY 234.9 billion in revenue, with a year-on-year increase of 27%. According to Country Garden's H1 2021 financial announcement: - Revenue rose by 27%, reaching CNY 234.9 billion. - Gross profit hit CNY 46.3 billion (up 3.1%), and the gross profit margin was 19.7%. - Net profit was about CNY 22.4 billion, with a year-on-year growth of 2.3%. - Among the company's major businesses, its sale of properties recorded CNY 227.9 billion in revenue, reporting an increase of 26.6% and accounting for 97% of total revenue. The revenue from providing construction services was CNY 4.1 billion, made of 3% of total revenue; rental income hit CNY 374 million and other income was CNY 2.5 billion. - During the reporting period, the sales amount of the company's equity contract was about CNY 303.1 billion, showing an increase of 14%; the area of contracted sales of equity properties hit approximately 34.5 million square meters, representing a growth of 8%. - As of June 30, the firm covered 31 provinces, 296 prefecture-level administrative regions and 1,408 districts and counties in China, with a total of 3,127 projects.by EqualOcean0
Haidilao Releases H1 2021 Financial ResultsIn the first half of 2021, Haidilao's revenue increased by 105.9% year-on-year, and its net profit turned from loss to profit. According to the interim performance report of 2021: - The operating revenue was CNY 20.094 billion (up 105.9% year-on-year). - The net profit was CNY 96.5 million, compared with a net loss of 965 million yuan in the same period last year. - Customers' per capita consumption decreased from CNY 112.8 in the first half of 2020 to CNY 107.3 in the same period in 2021, close to the level in 2019 before the epidemic. - The operating revenue of Haidilao restaurant in H1 2021 reached CNY 19.419 billion, achieving an increase of 112.2%. It accounted for 96.6% of the total revenue from 93.7% in the same period last year. The proportion of takeout business decreased to 1.7% from 4.2% accordingly. - As of June 30, 2021, Haidilao had 1597 global stores. - The average turnover rate of Haidilao in the first half of 2021 was only 3.0 times per day. - The number of members was 85 million, accounting for over 80% of the total turnover. - Up to now, Haidilao has built and renovated more than 100 new technology restaurants. The intelligent boiler dispenser has been applied in more than 70 stores, the vegetable delivery robot has been deployed in more than 1000 stores, and the intelligent exhaust equipment has been deployed in more than 600 stores. In order to strengthen internal management and operation, Haidilao adjusted its organizational structure in the first half of 2021. Besides, it also enriches customers' dining experience through diversified products, and hands over the power to launch more new products to regions themselves. Meanwhile, Haidilao also announced the changes in the members of the board of directors, adding seven executive directors Yang Lijuan and two independent non-executive directors, so as to further realize the rejuvenation of the enterprise management team.by EqualOcean0
SupportedThe Bollinger Band, The high of August 13th and the Fibonacci are supporting a recovery.Longby motleifaulUpdated 0
Trendlines drawing video tutorialHaha, this is my first maiden video tutorial on Tradingview. I hope it would be helpful in some ways to clear the doubts of those who are exploring or using trend lines in their charts. Now, of course, there are many ways to draw trend lines and 2 persons looking at the same chart can draw it differently. But , I believe the big picture is there. Please feel free to give me your comments , is it too long, too short , too much information etc. What would you like me to cover in the next tutorial ? Until then, happy investing !!Long16:38by dchua19690
Buy this company with a 2nd chanceRead about this company here please do your own due diligence. Longby dchua19691
tencent movement10cent long move tp 6.2-6.4,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,Longby GlennTong0
JICPT| Chinese tech stocks rally with trouble zones ahead!Hello everyone. After days of bleeding, finally Chinese stocks started a rally today after being hit by tightened regulation in China. To map out the possible future move, I put Hang Seng index and the big familiar tech names, e.g. Tencent, BABA and Meituan on the same chart. The analysis is carried out on the daily timeframe. Hang Seng Index: Lower low created with a bit uncertainty because price closed above previous low. That's good for buyers. However, the overall trend is definitely down. The broad market index needs to break the downtrend line first to establish bullish trend. Tencent: Please check my linked related ideas below. I clearly pointed out the key level of HKD 421 and HKD 394. Now, HKD 421 has been respected well. The nearest trouble zone is HKD 490 . BABA: the duo listing stock has rebounded from fresh low. The wedge pattern suggested selling pressure around HKD 174-177. Meituan: The stock surged by over 13% today, however, the rider protection will weigh on its profit. I've read an article, claiming that the employment costs will burn out the cash. The business model will not be sustainable. It's a headache for the government as well. You wanna keep jobs or kill the company? The trouble zone is marked in yellow colour around 234-242. In one word, we still need more time to see how price react to the trouble zones ahead. That's why my strategy is neutral. Give me a like you're with me. by JICPTUpdated 7
Time study about 700 Tencent700 first down wave runs 55 trading days from Feb 2021 700 second down wave runs 55 trading days from June 2021 I'm expecting 55 trading days up from the recent bottom! happy trading!Longby qero1
3690 MEITUAN > RANGE SUPPORT > LONG1) Supported at 182 2) MA overall on upthrend 3) STOC oversoldLongby cat60y2
Tencent bearish to $450 Tencent if do not go up above 620 beyond the moving average by next week and break below 590. We would expect a fall to 500 Range and possible hitting 450-480 zone. $450 would be an attractive price to buy and hold Tencent for the long term. Shortby 100dollarUpdated 223
when WTI and US oils rallied.. why is china's oil behind perhaps its high time for them to awake frm the dead and double bottom pending clearance at 3.05 Reversal in sight Longby SuperQueenUpdated 0
JICPT| Tencent bouncing from previous low with better earning!Hello everyone. The reported earning today is way better than the estimated number. However, I noted a gap down at the opening with previous low sitting around HKD 421. Basically, the continuation of the crackdown on the tech companies worried investors. Today's upper wick candle suggested selling pressure. The nearest support level is previous low of HKD 421. What's the next key support level if 421 is violated? On the Monthly chart, HKD 394 is identified as a confluence supporting level with flip, mid-term MA and uptrend line . Don't use up all your bullets if price drops to the level. We all know that emotion may push the price further down. But, in my opinion, HKD 394 is really a reasonable & cheap price for Tencent. I'd like to hold it for 2-3 years. What do you think? Give me a like if you're with me. by JICPTUpdated 6
Tencent Long IDEATencent like any other China Tech Stock has fallen to a strong support, fundamentally I feel the regulatory changes is a good way moving forward and this companies will find a away to navigate out of this situation strongly. Longby SCUM41
China Power (HKSE 2380)Head and Shoulder chart pattern breakout is formed, indicating a potential bearish to bullish reversal.Longby Ncspace_InvestingUpdated 0
History repeat itself?700, Last time Largest Share holder sold their share around mid - Mar, then, the sold off ended the same day HSI future final day. Oct 30, 2018 from the top of sold date, it drops 47.14% This time, the same share holder sold their share beginning of Apr with high at 656.40, if we cut it by 47.14% and make the low date of HSI oct final settlement day, then. we should see Price: 656.40-309.4 = 347 Date: OCT 28, 2021Shortby qeroUpdated 2
1810hk update chart on xiaomixiaomi is a domestic consumption play. they can potentially be the apple of china. by slkc85220
EO500 Tracker: Tencent Boost Overseas Sales Amid COVID-19Founded in 1998, Tencent is one of the oldest big tech companies in China. The tech giant has dominated the entertainment universe, focusing on integrating its digital ecosystem. With the acquisition of Riot Games, Tencent has amplified its global influence in the entertainment and game industries. In recent years, while its funding activity in some countries, like Korea, were entertainment-focused, the firm's M&A and investment in other regions, such as India, were more comprehensive, aiming to build an ecosystem. In 2020, the company invested more than CNY 275 billion (year-on-year growth of 84%) in overseas markets, focusing on North America, Asia and Europe. Meanwhile, its overseas revenue hit CNY 33.9 billion in 2020 compared with CNY 16.7 billion in the previous year.Longby EqualOcean0
Tesla's rivalRisk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you. Good luckLongby Trader_OMSUpdated 4
DieCast Manufacturer has 5,180% stock price gain over 12 months.Hong Kong listed LK is in the business of designing, manufacturing and selling Die Casting Services and Machines, Plastic Injection Moulding Machines & CNC Machining Centres world wide. Their stock price has seen massive gains over the last 12 months and with a bit of a pullback could be worth keeping an eye on. Longby zAngusUpdated 4