The Fango Trade
I still have a bunch and will hold awhile. I spent a few hours reading on the administration last term and the impact on the Chinese economy, impact to real estate. Not good. China knows this and that is why it took major steps already getting prepared. I was hoping for another rate cut but China is holding off but expects more by the end of the year.🙏🙏
The good news is that DUO has repositioned itself from risk that it had last adminatration. Drastically cutting the labor force, buying into cloud servicing focusing on the AI side and even the financial part of closings. It said that Fangdd acquired the 35 m clould servicing in june of 24 and it has yet to be determined as to the impact of these new moves.
Fyi
I did cut 1/8 of holding to invest in something that i know more about. I do not want to feel the .38 impact. Hope this is the low!!
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kingmat Bush : will go up again to 1$ soon big company and just wait hold your shares
72786071 OP : sounds great!!!
103599451 : Official said 3 rate cut this year n 4 next year.. If it had cut down to 2 this year.. expected 1 end of yes