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$DBS (D05.SG)$ Hope can see 34 today 😁
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$Bit Digital (BTBT.US)$ How low is this going to sink? There is no bottom for this stock?
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As an investor who is new to the market, the biggest mistake I made in trading is: 1. Chasing price increases and killing price declines. When I see individual stocks with strong upward momentum, without conducting any analysis, I blindly participate and end up being manipulated, and ultimately have to cut losses and exit. $Rivian Automotive (RIVN.US)$ Learn from the lesson, if you want to participate in high-priced stocks, buy and sell on the same day to reduce risks.
2. Blind optimism. In the process of individual stocks rising, if you do not sell in time, you will always think it will go up; the result is that many times the profit is not preserved, but instead losses occur.Learned to sell at high levels and buy at low levels Earning the price difference in the band. $SPDR S&P 500 ETF (SPY.US)$ Earning the price difference in the band 😁😁😁
3. Wrong buying and selling points. In the process of individual stocks falling, blindly adding positions without analysis will result in more positions being trapped the more you add. $Alibaba (BABA.US)$ Afterwards, adjust your mindset, learn to analyze, enter the reminder of the wrongly added position, so that when you earn a certain profit, you sell, avoiding buying high and selling low, gradually getting out of the situation of being trapped.
4. Impatience. Many times, individual stocks do not show an upward trend but decline. People think it is a junk stock without analysis, and even cut losses and exit. Firstly, it's because they don't know how to pick stocks, and secondly, they lack patience. In fact, after the bearish signals are exhausted, the risk decreases. Then, after selling the stocks, the stock price rises, leading to deep regret. $Apple (AAPL.US)$
2. Blind optimism. In the process of individual stocks rising, if you do not sell in time, you will always think it will go up; the result is that many times the profit is not preserved, but instead losses occur.Learned to sell at high levels and buy at low levels Earning the price difference in the band. $SPDR S&P 500 ETF (SPY.US)$ Earning the price difference in the band 😁😁😁
3. Wrong buying and selling points. In the process of individual stocks falling, blindly adding positions without analysis will result in more positions being trapped the more you add. $Alibaba (BABA.US)$ Afterwards, adjust your mindset, learn to analyze, enter the reminder of the wrongly added position, so that when you earn a certain profit, you sell, avoiding buying high and selling low, gradually getting out of the situation of being trapped.
4. Impatience. Many times, individual stocks do not show an upward trend but decline. People think it is a junk stock without analysis, and even cut losses and exit. Firstly, it's because they don't know how to pick stocks, and secondly, they lack patience. In fact, after the bearish signals are exhausted, the risk decreases. Then, after selling the stocks, the stock price rises, leading to deep regret. $Apple (AAPL.US)$
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Columns 17 Dec 2021: Will short term economic pressure in China bring blessing to Chinese tech stocks
My youtube channel:
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
We are well aware that the non-Chinese media has been circulating negative market and economic narratives over Chinese economy. Evergrande debt default as well as a few other property developers like Kaisa, etc had also announced the difficulty to meet payment deadlines and expressed liqudity concerns.
Soon after, there are reports that said Evergrande's creditors are filing for 13 billion USD liabilities claims from Evergrande. PBOC of China has stated that this will not be a market event disrupting market stability in China and Hong Kong but nevertheless, we note that Guangdong state has sent in a restructuring team to the headquarter of Evergrande to "assist" in such matters.
But all in all, RMB is still strong and PBOC has recently reduced the reserve deposit to be maintained at the banks thereby releasing more liquidity into the system. Bearing in mind the strong RMB may not help in exports though China has been pushing for its own domestic consumption to support its GDP, we nevertheless know that a too strong RMB would not be ideal. This comes at a time when USD in itself is also appreciating meaning RMB has appreciated way stronger than years ago. So how can PBOC and Chinese authorities come out with new measures?
I predict that PBOC will eventually work with CSRC, cyberspace admin, SAFE to allow the overseas investment by Chinese citizens thereby allowing the demand and supply balance of RMB (out and in) to be healthier rather than simply allowing strong demand for RMB due to the opening of its financial markets. As for the tech regulations, I believe it will be clarified in 2022 given that tech companies have grown to become so important to China's economy. If this is the case, then hopefully the PBOC and CSRC can have a good talk with cyberspace admin to say that the pressure on tech companies should be less intensive so that these tech companies can contribute to tax revenue to the country as well as generating jobs for China. Also, this can provide more inflows of funds into the tech companies once the tech regulations have been clarified.
These two steps are two logical steps.... But will China really do these two logical steps? I will leave it to time to show if my analysis and predictions will be right.
As always, this should not be construed as any investment or trading advice.
$UP Fintech (TIGR.US)$ $Futu Holdings Ltd (FUTU.US)$ $NTES-S (09999.HK)$ $NetEase (NTES.US)$ $Alibaba (BABA.US)$ $HUYA Inc (HUYA.US)$ $Bilibili (BILI.US)$ $BILIBILI-W (09626.HK)$ $KUAISHOU-W (01024.HK)$ $Hang Seng TECH Index (800700.HK)$ $iShares Hang Seng TECH ETF (03067.HK)$ $DouYu (DOYU.US)$ $Baidu (BIDU.US)$ $Weibo (WB.US)$ $Haier Smart Home (600690.SH)$ $XIAOMI-W (01810.HK)$ $Lenovo (05562.HK)$ $JD.com (JD.US)$ $MEITUAN-W (03690.HK)$ $Meituan(ADR) (MPNGF.US)$ $PDD Holdings (PDD.US)$
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
We are well aware that the non-Chinese media has been circulating negative market and economic narratives over Chinese economy. Evergrande debt default as well as a few other property developers like Kaisa, etc had also announced the difficulty to meet payment deadlines and expressed liqudity concerns.
Soon after, there are reports that said Evergrande's creditors are filing for 13 billion USD liabilities claims from Evergrande. PBOC of China has stated that this will not be a market event disrupting market stability in China and Hong Kong but nevertheless, we note that Guangdong state has sent in a restructuring team to the headquarter of Evergrande to "assist" in such matters.
But all in all, RMB is still strong and PBOC has recently reduced the reserve deposit to be maintained at the banks thereby releasing more liquidity into the system. Bearing in mind the strong RMB may not help in exports though China has been pushing for its own domestic consumption to support its GDP, we nevertheless know that a too strong RMB would not be ideal. This comes at a time when USD in itself is also appreciating meaning RMB has appreciated way stronger than years ago. So how can PBOC and Chinese authorities come out with new measures?
I predict that PBOC will eventually work with CSRC, cyberspace admin, SAFE to allow the overseas investment by Chinese citizens thereby allowing the demand and supply balance of RMB (out and in) to be healthier rather than simply allowing strong demand for RMB due to the opening of its financial markets. As for the tech regulations, I believe it will be clarified in 2022 given that tech companies have grown to become so important to China's economy. If this is the case, then hopefully the PBOC and CSRC can have a good talk with cyberspace admin to say that the pressure on tech companies should be less intensive so that these tech companies can contribute to tax revenue to the country as well as generating jobs for China. Also, this can provide more inflows of funds into the tech companies once the tech regulations have been clarified.
These two steps are two logical steps.... But will China really do these two logical steps? I will leave it to time to show if my analysis and predictions will be right.
As always, this should not be construed as any investment or trading advice.
$UP Fintech (TIGR.US)$ $Futu Holdings Ltd (FUTU.US)$ $NTES-S (09999.HK)$ $NetEase (NTES.US)$ $Alibaba (BABA.US)$ $HUYA Inc (HUYA.US)$ $Bilibili (BILI.US)$ $BILIBILI-W (09626.HK)$ $KUAISHOU-W (01024.HK)$ $Hang Seng TECH Index (800700.HK)$ $iShares Hang Seng TECH ETF (03067.HK)$ $DouYu (DOYU.US)$ $Baidu (BIDU.US)$ $Weibo (WB.US)$ $Haier Smart Home (600690.SH)$ $XIAOMI-W (01810.HK)$ $Lenovo (05562.HK)$ $JD.com (JD.US)$ $MEITUAN-W (03690.HK)$ $Meituan(ADR) (MPNGF.US)$ $PDD Holdings (PDD.US)$
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$Futu Holdings Ltd (FUTU.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$ $JD.com (JD.US)$
https://www.cnbc.com/2021/12/15/us-china-most-chinese-companies-could-delist-from-us-says-tcw-group.html
This seems to be the reason for this accelerated sell-off in Chinese stocks but I think this is just temporary FUD and something we need to ignore for now.
https://www.cnbc.com/2021/12/15/us-china-most-chinese-companies-could-delist-from-us-says-tcw-group.html
This seems to be the reason for this accelerated sell-off in Chinese stocks but I think this is just temporary FUD and something we need to ignore for now.
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$TENCENT (00700.HK)$ who knows what happened?
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GOLDMAN: “ .. $Microsoft (MSFT.US)$ , $Alphabet-A (GOOGL.US)$ , $Apple (AAPL.US)$ , $NVIDIA (NVDA.US)$ and $Tesla (TSLA.US)$ together account for more than one third of the S&P 500’s 26% YTD return. .. these stocks now make up 22% of the S&P 500 by market cap, a 4 pp increase from the start of the year.”
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BlackRock, the world's largest asset management institution, is cutting its exposure to Indian equities and becoming more optimistic about Chinese stocks because of attractive valuations. "Valuation is key now," said Belinda Boa, head of active investment for Asia Pacific at BlackRock. "We are starting to gain in China compared to What India has done this year and are more optimistic about growth stocks in China."
Blackrock has recalibrated its Asia-focused portfolio from underweight to neutral on Chinese stocks and scaled back its underweight expectations for Internet services companies.
Ubs is also bullish on Hong Kong stocks in 2022, forecasting a return of 7%-13% and a hang Seng target of 27,000 points.
Ubs said the expected resumption of customs clearance in Hong Kong and the mainland will drive some corporate earnings recovery, and Hong Kong banks, customs clearance beneficiaries and high dividend yield stocks will outperform the market in 2022 amid slower growth, tighter liquidity and higher real yields. Bullish on Macau gaming stocks and Hong Kong retail stocks.
$TENCENT (00700.HK)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$ $XPENG-W (09868.HK)$ $LI AUTO-W (02015.HK)$ $JD-SW (09618.HK)$ $XIAOMI-W (01810.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$
Blackrock has recalibrated its Asia-focused portfolio from underweight to neutral on Chinese stocks and scaled back its underweight expectations for Internet services companies.
Ubs is also bullish on Hong Kong stocks in 2022, forecasting a return of 7%-13% and a hang Seng target of 27,000 points.
Ubs said the expected resumption of customs clearance in Hong Kong and the mainland will drive some corporate earnings recovery, and Hong Kong banks, customs clearance beneficiaries and high dividend yield stocks will outperform the market in 2022 amid slower growth, tighter liquidity and higher real yields. Bullish on Macau gaming stocks and Hong Kong retail stocks.
$TENCENT (00700.HK)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$ $XPENG-W (09868.HK)$ $LI AUTO-W (02015.HK)$ $JD-SW (09618.HK)$ $XIAOMI-W (01810.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$
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