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like the comment for the green day ahead✌🏻
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$WUXI APPTEC (02359.HK)$ will there be more dips?

Shares of $Alibaba (BABA.US)$ and $Baidu (BIDU.US)$ traded slightly higher in Hong Kong on Monday, while $JD.com (JD.US)$ , $Tencent (TCEHY.US)$ , $Li Auto (LI.US)$ and $XPeng (XPEV.US)$ slumped.
What’s Moving: Shares of Alibaba and Baidu traded about 1% higher each in Hong Kong at the time of writing, while JD.Com, Tencent, Li Auto and Xpeng traded lower, in a range between 1% and 3%. Chinese EV startup $NIO Inc (NIO.US)$ unveiled a mid-size sedan named ET5 at its annual Nio Day event on Saturday. The new vehicle is seen as a competitor to $Tesla (TSLA.US)$ Model 3 sedan, which is the Elon Musk-led company’s best-selling car globally. Hong Kong’s benchmark Hang Seng Index opened lower on Monday and was down almost 1% at the time of writing. The index closed 1.2% lower on Friday amid worries about rising U.S.-China tensions after the U.S. government imposed new sanctions on Chinese tech companies.
Why Is It Moving? The Hang Seng Index extended losses even as the People’s Bank of China (PBOC) cut its benchmark lending rate for the first time in almost two years on Monday.
The one-year loan prime rate (LPR) was reduced from 3.85% to 3.8% as part of the central bank’s efforts to support the Chinese economy, which is struggling from muted consumer spending and a slump in the property sector.
Worries about the spread of the Omicron coronavirus variant around the world also weighed on the market.
Shares of Chinese companies closed mostly lower in U.S. trading on Friday after the major averages in the U.S. ended lower as investors grappled with the reality of tighter monetary policy by the Federal Reserve.

Since this week, the overall tone of the market has been adjusted, with only a few themes that have policy expectations continuing to be active,
The meeting stressed the need to “Appropriately advance infrastructure investment”and “Increase the absorption capacity of new energy sources”, as well as the need to “Push forward the reform of natural monopoly industries such as power grids and railways”in the reform of state-owned enterprises, raised the expectation of industry mergers and acquisitions.
Green Power Conference stressed that “Increase new energy absorption capacity”, “Promote coal and new energy optimization combination”, directly benefit green power, especially thermal power transformation.
[ coal chemical industry ] the meeting stressed that “Energy for raw materials is not included in the total control of energy consumption,”meaning that as long as coal is not burned, but is used to make products, it is not energy consumption, so that the project approval process can be greatly accelerated, especially good clean coal chemical industry leading enterprises.
[ logistics ] the meeting stressed the “Acceleration of the formation of internal and external connectivity, safe and efficient logistics network”, in addition to the weekend also issued the “14th five-year”cold-chain logistics development plan, logistics and transportation itself is directly benefit from the economic recovery of the varieties.
[ hydrogen energy ] with the launch of fifteen and the continuous development of the industry, the framework of domestic Hydrogen Energy Development, guidance documents are ready.
The conference continues with the mention of seeds, and there are further amendments to the seed act, document one, and so on.
[ digital currency ] the Beijing Winter Olympic Games is an important scene of domestic digital RMB pilot, but also an important public display of “Business cards”, digital RMB ushered in an important opportunity to promote. At the same time, 2022 will also be a key year for the arrival of the Digital Renminbi.
In general, we are now at the beginning of a new round of domestic macro-policy, in this context, the industry with policy expectation will be more imaginative, so the branch with expectation of industrial policy will continue to be active in the near future.
$Hang Seng Index (800000.HK)$ Hang Seng Index continued to low volatility, from today’s trend can be seen near the low point of resistance to power, although the technical level of Hang Seng Index decline has been contained, but there is no sign of stabilisation. If fall below 23,100 points can not recover the index center of gravity down to open falling space, the upper rebound pressure 24,000, the Hang Seng Index is still in the fall channel, in the left not clear stop the fall before do not blindly chase down.
Individual stocks:
$BYD COMPANY (01211.HK)$  Jády continued to fall, moving well within expectations, Jády’s head has formed in the short term, and the resonance of the peripheral markets of the new energy vehicle sector fell. There are some differences on the repair of the valuation. On the one hand, profit growth on the other hand, whether the sales of passenger cars will continue to grow, short-term evasion is the main thing. At present, the technical level supports 240. If it falls below, there is the risk of accelerating the adjustment, short-term adjustment waiting for the end of the main.
$WUXI APPTEC (02359.HK)$ Immanuel Kant continued to fall on the negative side, but fell again after the rebound today. From the current fundamentals, on the one hand, it is negative news sentiment, and on the other hand, it is the overall downward revision of the valuation of the Pharmaceutical Fund, the main short-term maintenance shock down behavior, repair here is difficult to end immediately, short-term bias wait-and-see, day pressure 150 can not break continue to maintain shock down. Yao Ming biological short-term is mainly wait-and-see.
Tesla,    $Tesla (TSLA.US)$ a stock reviewed by some bulls, has confirmed a downtrend at the short term daily level of Tesla, just wait for it to break below the support level. As for the fundamentals, the continuous underweight has brought panic to the market, followed by a stronger interest rate, adverse growth stock valuation, especially the performance growth rate of the situation, there are some differences in the market, waiting for the end of the adjustment, the technical level of short-term pressure 1000 integer level, the support of $800 below
2318 Pingan low volatility, for the market as a whole, there are signs of a switch between high and low, the market for growth stocks is expected to be revised upward, and low value sector odds are very high, therefore, it is clear that in the near future, the Pingan refused to follow the index adjustment, short-term left-side low suction mainly, day support around 55 yuan, 63 yuan is to open the rebound space, for the safety of eight words, slow low suction, waiting to release.

$CSPC PHARMA (01093.HK)$ Falling back to 9, so strong

$GEELY AUTO (00175.HK)$ 
Geely is following BYD footstep into EV n diverfying their business. Stock price is still low n potential to trend higher in near term

$CSPC PHARMA (01093.HK)$
Because you know the earnings are good 😁

I'm looking to buy $GEELY AUTO (00175.HK)$ 
Let me know what you guys think bout my entry at 17.25 where the 78.6% Fibonacci retracement and ichimoku support is at. I'll probably play it to 29.2 where the 61.8% Fibonacci retracement is and have my stop loss at 10.55.
Entry:17.25
Take Profit: 29.2
Stop Loss:10.55
$Geely 5xLongSG220621 (DDHW.SG)$ 
$Geely 5xShortSG231214 (DCDW.SG)$