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...
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...
We can see from the long term monthly chart that it took more than a decade for the prices to go from low of 98 to 184 before it finally broke out in March this year. The price has been rallying non-stop thus far and I believe we have yet to see the peak yet. Some investors like physical gold while others prefer digital gold. I am of the opinion that central...
This is one interesting asset class that has survived and thrives for generations. In the ancient times, it was only the wealthy who possess gold in physical forms. Later, it become more easily available to the common folks and different countries adopt a different attitude towards gold. In India, I think married couples have to have lots of gold as part of their...
I expect the pull back to continue this week and retrace to the yellow support level at 20210. No rush as this is going to be a slow bull run compared to the 2018 where it rally too fast and fizzle out just as fast.... I believe more monetary stimulus will be unveiled in the coming weeks/month and the 2025 Chinese New Year is an important timeline for the...
Last Saturday news may probably cause the Chinese stock market to pull back or goes sideway this week, so I am monitoring the move closely before deciding to put some ammunition in this stock. Please DYODD
For those who can understand Chinese and listen to the social media (live streaming, videos, shorts,etc) on Douyin or Weibo, you will be richly entertained. In this age of social media, it is scary how a content creator who has no background of investing or worse, does not invest in stocks himself and yet has the cloud and power to rally his followers to go...
Now we have heard how Huawei time precisely to launch its new foldable model together with Apple 16 which the latter received lacklustre sales in China. And they have to offered a discount shortly to shore up their decreasing revenue. Will she still be the Apple of the eye? Ok, I hear you. Warren Buffett has sold some of his Apple shares but should we be overly...
MSFT is entering into a consolidation phase and the two blue lines are where I would like to accumulate more. Please DYODD
A follower asked me how to capture stocks move like this ? My answer is I don't know coz it is more speculative than fundamentals. In the world of securities or brokerage firms, it is hard to have an economic moat. For example, I am using Webull, Moomoo and Tiger brokers in SG for a simple reason - cheap transaction fees and diversification. But I do not own...
You have been warned - many content creators in the hope of pushing for viewership are blabbering about how hot the HK/China stock market will be. I agree that it is no longer about valuation but more on momentum. Many newbies have no idea how to invest in the stock market and are BLINDLY following the herds.......buying at high price to chase for tech, consumer...
This is in my watchlist now. If it comes to the support level , hopefully, I will take a positon. Please DYODD
Valuation can remain cheap for months and years without any decent increase in share price. So on its own , it is not a good barometer to purchase it. However, given the QE stimulus/rescue package that the Chinese Government has rolled out a week ago and creating more chaos and euphoria amongst the institution and retail investors worldwide, I would say this combo...
While waiting for the mass mainlanders to come back and shore up the market even higher, I am taking a back seat to further analyse the HSI chart so that my enthusiasm/passion/greed does not get over me. We can see from chart that in Oct 2022, there was the first bull run which rally for 56% before tumbling down for a good two years. Then, in Jan 2024,...
Oh come on, just because you are enjoying the party does not mean the DJ is to continue spin the music and prop it up, ya ? He too needs a break before continuing the part 2 of the party. So we can see from the chart that it has reached a resistance point , same as Jan 2023 and given the fierce rally over the last 1 week or so, it deserves a pull back. Not...
It is a crazy China bull market run now and the index is continuing its rally day after day. One can get emotional and forget about the reasons for buying , choosing to base the buying criteria based on company fundamental and instead choose to go with the crowd. I am still of the opinion that the property market in China has still a LONG way to recover and will...
We see from the weekly chart that the triple top formation (bearish in nature) is playing out now that the price point has broke down from 64,723 level. I have indicated 3 profit taking levels and think the risk to reward ratio is pretty good given the high points that we are shorting now. Please DYODD
From the 4h chart, we can see that it has broken down from the bullish trend line (green dotted line) and is now hovering in the triangle zone. This can either go back to the support turn resistance line at 1.110 and goes sideway for a while before continue its descent. It could also heads further south from the triangle zone without any pullback so if you are...