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From September 7 to October 12, 2018, Tencent repurchased 2.848 million shares in 24 trading days, with an average repurchase price of HK $311.38 and a total cost of HK $887 million.
From August 28 to October 11, 2019, Tencent repurchased 3.4867 million shares in 31 trading days, with an average repurchase price of HK $332.9 and a total cost of HK $1.161 billion.
From August 19 to September 30, 2021, Tencent repurchased 5.5818 million shar...
From August 28 to October 11, 2019, Tencent repurchased 3.4867 million shares in 31 trading days, with an average repurchase price of HK $332.9 and a total cost of HK $1.161 billion.
From August 19 to September 30, 2021, Tencent repurchased 5.5818 million shar...
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$TENCENT (00700.HK)$ Some people
Chinese concept stocks fell: "You see that China is in trouble, it's all because of how the Chinese government is, Chinese companies deserve to fall"
Chinese concept stocks rose: "Blame it all on the Chinese Communist Party for market intervention"
Little do they know, without intervention, the Chinese stock market would also be raped by the Federal Reserve and American capital together, just like they do to other countries and markets around the world
Chinese concept stocks fell: "You see that China is in trouble, it's all because of how the Chinese government is, Chinese companies deserve to fall"
Chinese concept stocks rose: "Blame it all on the Chinese Communist Party for market intervention"
Little do they know, without intervention, the Chinese stock market would also be raped by the Federal Reserve and American capital together, just like they do to other countries and markets around the world
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$ChargePoint (CHPT.US)$ charging station is in demand! I will not be surprised a EV company will joint venture or buy over CHPT! it’s a worth to take a risk with you!
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State Council Office issued the "Notice on Printing and Distributing the Overall Plan for Pilot Comprehensive Reform of Factor Market-Oriented Allocation", which mentioned:
Promote the integrated development of technology and capital elements. Support financial institutions in establishing specialized technology financial branches, increase financial support for the transformation of scientific research results and innovative entrepreneurship talents. Improve the regulatory system and development policies for venture capital. Support the listing or financing of high-quality technology-based companies. Improve the intellectual property financing mechanism and expand the scale of intellectual property pledge financing. Encourage insurance companies to actively engage in technology insurance business, develop intellectual property insurance and product research and development liability insurance products in accordance with laws and regulations.
$KraneShares CSI China Internet ETF (KWEB.US)$ $Hang Seng TECH Index (800700.HK)$
Promote the integrated development of technology and capital elements. Support financial institutions in establishing specialized technology financial branches, increase financial support for the transformation of scientific research results and innovative entrepreneurship talents. Improve the regulatory system and development policies for venture capital. Support the listing or financing of high-quality technology-based companies. Improve the intellectual property financing mechanism and expand the scale of intellectual property pledge financing. Encourage insurance companies to actively engage in technology insurance business, develop intellectual property insurance and product research and development liability insurance products in accordance with laws and regulations.
$KraneShares CSI China Internet ETF (KWEB.US)$ $Hang Seng TECH Index (800700.HK)$
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Ladies and gentlemen, it is your friendly neighbourhood 股神 again.
It has been quite awhile since I last posted. Much has happened lately with the fed's tapering, upcoming interest rate hike, omicron variant, etc.
At this current juncture of market volatility and massive sell-offs, growth stocks have entered deep value territory, while large capitalization stocks have entered a bubble. In the upcoming weeks, I foresee a rotation of funds from large capitalization stocks to growth stocks amidst the upcoming progressive interest rate hike of 0.25% to 0.75% by 2022 year end. The interest rate hike should remain as projected and not be increased, to cushion the impact of the omicron variant on the economy.
Many feared the uncertainty which the omicron variant brings to the stock market, but I view it as an opportunity of a lifetime. With the current data from South Africa, Europe and the world, it is preliminarily conclusive that the omicron variant is indeed much more transmissive. In fact, it is found that the omicron variant is at least 5 times more transmissive than the delta variant. However, it appears that the omicron variant is much milder in terms of severity. With a tremendous number of people in the millions contracting the omicron variant, only a very very small percentage of people are hospitalised and slightly more than a dozen dead. I believe that this variant will be unstoppable, but humans will evolve and thrive. It will indeed be the survival of the fittest. The recovery will be very swift as herd immunity will be achieved in a very short period of time. Finally, either the omicron variant or the next will bring the virus to common cold level of severity and be truly endemic in the world.
So, what stocks do we hold in such market conditions? Well, we should hold those which are covid-proof - those which can grow and thrive in an uncertain world economy and order. To reveal, I am currently holding stocks of $ChargePoint (CHPT.US)$ $Opendoor Technologies (OPEN.US)$ $Palantir (PLTR.US)$ $Skillz (SKLZ.US)$ and $SoFi Technologies (SOFI.US)$. One does not need a massive diversification, for diversification is a protection against ignorance. Holding 5 to 15 stocks is more than diversified for the informed investor. Lastly, to balance between asset class, I am holding stocks of $Hut 8 (HUT.US)$, which have lower correlation to the general stock market.
On a side note, Chinese stocks are no longer worth holding from now to the near future with the recent turn of events - forced delisting of Chinese stocks, blacklisting of Chinese companies, heightened escalation of US-China tensions, evergrande default, etc. I have sold out my positions and took some losses in $Futu Holdings Ltd (FUTU.US)$ and $UP Fintech (TIGR.US)$. This rebalance of portfolio is vital, considering opportunity costs.
To conclude, I wish you all all the best in your investment journey. Merry Christmas and a Happy New Year. To a brighter future. Cheers!!
It has been quite awhile since I last posted. Much has happened lately with the fed's tapering, upcoming interest rate hike, omicron variant, etc.
At this current juncture of market volatility and massive sell-offs, growth stocks have entered deep value territory, while large capitalization stocks have entered a bubble. In the upcoming weeks, I foresee a rotation of funds from large capitalization stocks to growth stocks amidst the upcoming progressive interest rate hike of 0.25% to 0.75% by 2022 year end. The interest rate hike should remain as projected and not be increased, to cushion the impact of the omicron variant on the economy.
Many feared the uncertainty which the omicron variant brings to the stock market, but I view it as an opportunity of a lifetime. With the current data from South Africa, Europe and the world, it is preliminarily conclusive that the omicron variant is indeed much more transmissive. In fact, it is found that the omicron variant is at least 5 times more transmissive than the delta variant. However, it appears that the omicron variant is much milder in terms of severity. With a tremendous number of people in the millions contracting the omicron variant, only a very very small percentage of people are hospitalised and slightly more than a dozen dead. I believe that this variant will be unstoppable, but humans will evolve and thrive. It will indeed be the survival of the fittest. The recovery will be very swift as herd immunity will be achieved in a very short period of time. Finally, either the omicron variant or the next will bring the virus to common cold level of severity and be truly endemic in the world.
So, what stocks do we hold in such market conditions? Well, we should hold those which are covid-proof - those which can grow and thrive in an uncertain world economy and order. To reveal, I am currently holding stocks of $ChargePoint (CHPT.US)$ $Opendoor Technologies (OPEN.US)$ $Palantir (PLTR.US)$ $Skillz (SKLZ.US)$ and $SoFi Technologies (SOFI.US)$. One does not need a massive diversification, for diversification is a protection against ignorance. Holding 5 to 15 stocks is more than diversified for the informed investor. Lastly, to balance between asset class, I am holding stocks of $Hut 8 (HUT.US)$, which have lower correlation to the general stock market.
On a side note, Chinese stocks are no longer worth holding from now to the near future with the recent turn of events - forced delisting of Chinese stocks, blacklisting of Chinese companies, heightened escalation of US-China tensions, evergrande default, etc. I have sold out my positions and took some losses in $Futu Holdings Ltd (FUTU.US)$ and $UP Fintech (TIGR.US)$. This rebalance of portfolio is vital, considering opportunity costs.
To conclude, I wish you all all the best in your investment journey. Merry Christmas and a Happy New Year. To a brighter future. Cheers!!
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$Alibaba (BABA.US)$ Relax the alibaba stocks will raise back as long it profitable.
Impatient at panic selling markets loss money, folks
Impatient at panic selling markets loss money, folks
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$Alibaba (BABA.US)$ wondering what is the probability of being delisted? I still love this company!
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$Alibaba (BABA.US)$ This time Munger made leeks...
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$Alibaba (BABA.US)$ when Warren Buffett said buy when there is blood on the street I just wonder is this bloody enough yet??
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