Holding strong despite crackdown.
$PING AN (02318.HK)$ while the larger chinese industries are being hit. PAI seems to have bottomed out n holding well. Still need a break out from hkd 69.7 with volume before we can confirm a reversal.
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Peter SG : Entered at over 80, got hit so hard, hope this is bottom already
Happy Investor Sg OP Peter SG : i have also been DCA along the way. Have faith in a company with strong fundamental.
haroit27 : Agree. I’m still waiting for opportunity to enter this cheap stock ( in terms of PE). But the drop in this stock seems relentless....
Happy Investor Sg OP haroit27 : big down today! think there are still lingering fears on china continous crackdown across various industries. support at hkd 65. bounce off this support for a few times in the past 1 month. hope that it can hold n consolidate from 65 to 69 before trying another breakout.