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$Lion-OCBC Sec HSTECH S$ (HST.SG)$ Should have done some homework to realise this etf was launched close to 2021 peak and there's plenty of legroom for a further decline in the next 3-4 months, even more with recent news. After market peaked in 2015 and 2018, it went on a decline for 10 and 12 months after. We are 5 months in and I wouldn't suggest averaging down now but if you intend to, do it slowly. But I believe its better putting your money elsewhere this 1-2 months. Until we meet again in 2025, good luck good people. ![]()
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JSwin : I recalled the peak of this stock was at 1.8. Launch at 1.356 was nowhere near the peak thou.
Sylver : agree man..
Johannpee OP JSwin : Yes launched in Nov 20. During this time most chinese equities had alr surpassed their previous high and climbed further a couple months into Jan 21.
Xiang Y : The impact of the country's rectification of Internet companies continues, and it feels like the market is oversold. The weighted stocks in the portfolio are all mature technology companies. About 1 yuan will continue to increase positions, looking at the medium to long term.