dchua1969

dchua1969 Updated 

Nov 16 2022 will be its Q3 earning report. You can choose to buy before or after depending on how comfortable you are with this company. The China Tech stocks have been badly bashed due to the regulation clamp down. But, the business model remains strong. Let's be patient as the 20th CPC National Congress will end this week and we can expect to hear some...

dchua1969

From a weekly chart point of view, this pair presents the best risk reward ratio to buy into the strength of USD as against JPY, CAD, AUD, EUR, etc Please DYODD

dchua1969

If the recent triumph win by Donald Trump is any guide, the strength in USD will continue and that means the SGD along with other Asian currencies will weaken. That means, to exchange for one US dollar, we would need 1.338 Sing dollars as compared to using 1.28 SGD to exchange for 1 USD in Sept , 2 months ago........... On a ground level, those who are buying...

dchua1969 Updated 

Read latest news here Property investment is a capital intensive game and the waiting time is much longer compared to equities. Those who bought into HK properties 2-3 years ago and if they are selling now are likely to incur heavy losses. But they have no choice especially if they are speculators , hoping to flip the properties for a quick gain.........

dchua1969 Updated 

I am in no hurry and though it is cheap , it can gets cheaper and cheaper.......... Always remember, are you buying because it is popular in the news, you see their brand everywhere, your friends are buying and so you want to be in the group ? Examine your motive to buy , it is your money after all. There are thousands of stocks for you to choose from...

dchua1969 Updated 

Hmmm, was expecting some sort of fireworks this morning, a little disappointed......who knows after 10am when they released the news. But I heard it is not so great, so analysts may provide more take profits call, selling while many retail investors in China (1st day returning to work after the Golden Week) have yet to get their account open. I am already vested...

dchua1969

After more than 40% super rally beginning from 24 Sept 24 where China first announced its stimulus, the whole world sits up and was surprised by its parabolic rally. In a week or so, this stock has went up 40% much to the delight of short term traders who bought options or went in for a quick buck (provided they left at the peak) Now, you can see the current...

dchua1969

Yes, it is sad to see what a nice rally for the China an Hang Seng market only to see it tumbling back down day by day , week after week despite the recent 10 trillion measures to curb the local government debts and property market. Apparently , many analysts feel the CCP has not release sufficient stimulus to shore up the market and the tech stocks , very much...

dchua1969

Read latest article here :https://www.cnbc.com/2024/11/12/chinas-tobacco-industry-is-red-hot-defying-global-trends-.html

dchua1969 Updated 

Before, investors were afraid to touch Russia market but then again, other than its ETF, many retail investors in Asia are quite unlikely to be acquainted with this ETF. Now , 2 years have passed and the war is still ongoing but few cares about the outcome and impact (if any) on the stock market. Now, all eyes are on China, a too big country to miss anyway! We...

dchua1969 Updated 

To the many institutional and retail investors out of China, Alibaba is a well known made in China brand. Jack Ma is often seen giving speech in the western countries in the past and so naturally , retail investors are familiar with this company. I spoke about stickability before and brand recall is important when time is of essence. Like now, when all the rage...

dchua1969

As you can see from the weekly chart, it has been going sideways since 2022 and assuming you bought it at 235 price level, the market has brought you nothing but disappointment on 3 disappointments. You can see each time it reaches this level, the sellers are there to take profits or short it down. Will this time be different? I certainly hope so as Trump takes...

dchua1969

Hmm, I am relooking at this chart once again now that Trump has won the Election. He is pro crypto and one of the main beneficiaries would be Coinbase. Let's wait for a pull back to the resistance turned support level at 249 before taking a LONG position. Please DYODD

dchua1969

See weekly chart It has been hoovering around the 20-34 dollar mark since Feb 2023. It could likely hit above the resistance level at 34.20 soon and once it is established, we can expect it to go higher towards 48. Please DYODD

dchua1969

According to this article here :https://markets.businessinsider.com/news/stocks/jd-com-2024-singles-day-mid-festival-report-double-digit-growth-in-sales-orders-and-user-numbers-1033940704, they are doing pretty well for this Singles Day with almost all its sector expanding and recording good growth. While it is anyone bet who is going to win the US election and...

dchua1969

Latest news here :https://finance.yahoo.com/news/chinas-oct-factory-activity-returns-014907489.html It is scary that the management overstate its revenue and profitability to fool the shareholders..... To think that it is included in the S&P500 index would mean it has passed certain tests, but who knows......what goes up fast, came down just as fast...

dchua1969

I am bullish on this sector for the long haul and will be nibbling on this stock soon. Aging population, getting late to marriage and not having kids after marriage.......this combination will result in more singles, couples keeping furkids more than anything. Currently, the market is fragmented with pretty low entry and I believe over time, there will be some...

dchua1969

This is my prediction for 2025 where HSI still have room to rally..........The CCP is serious about shoring up their economy , already confident that they can hit the 5% target of GDP for 2024 and it's recent stimulus of 10 trillion. The two industries that I am banging on are the tech stocks - Meituan, Tencent, Alibaba, Baidu, etc or you can go for the HS TECH...