$GENTING HK(00678.HK)$ hold up. the day is coming

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.
$UP Fintech(TIGR.US)$ $Futu Holdings Ltd(FUTU.US)$ $NTES-S(09999.HK)$ $NetEase(NTES.US)$ $Alibaba(BABA.US)$ $HUYA Inc(HUYA.US)$ $Bilibili(BILI.US)$ $BILIBILI-W(09626.HK)$ $KUAISHOU-W(01024.HK)$ $Hang Seng TECH Index(800700.HK)$ $iShares Hang Seng TECH ETF(03067.HK)$ $DouYu(DOYU.US)$ $Baidu(BIDU.US)$ $Weibo(WB.US)$ $Haier Smart Home(600690.SH)$ $XIAOMI-W(01810.HK)$ $Lenovo(05562.HK)$ $JD.com(JD.US)$ $MEITUAN-W(03690.HK)$ $Meituan(ADR)(MPNGF.US)$ $PDD Holdings(PDD.US)$

I, the smallest, have big dreams!
I officially joined Moomoo in 2021
I couldn't understand it. I had no idea, and tried to make my first pot of money in the stock market. I stumbled and fell and climbed up along the way, tried and tried hard to learn new knowledge from it, and look forward to becoming a better version of myself!
👉 moomoo is a fantastic piece of software:
1. Through it, I learned a lot of new knowledge that is very useful for stock trading, thank you @moomoo Courses
2. We often host different events and contests to share different knowledge and keep us growing. I received many surprises by participating in the event, and I also had a chance to win rewards for improving myself, thank you @moomoo Event @moomoo Rewards @PaperTradingOfficial @Popular on moomoo @Meta Moo @Moomoo Breakfast @Moomoo Recap @Investing with moomoo @In One Chart @Movers and Shakers @moo_Live @The Boxing Ring
3. There are many great tools. Through continuous exploration and familiarization with the moomoo function, trading can be made very simple.
👉 Position statistics
Amazing trading volume for super retail investors!
Currently, it holds more than 150 stocks and has traded more than 200 times (positions have been replenished many times in the middle). Since I didn't have much initial capital, I initially only chose to buy a number of low-priced stocks in small quantities. Inexperienced, I mistakenly thought that as long as I bought low-priced stocks (stocks that were close to a new low in a year) and wait for a rebound, I would definitely make a lot of money, but that's not true. Using the DCA strategy, the method of diversifying investments did not seem to be of any use (in fact, it was a methodological error 🙅‍♂️). Instead, funds were continuously locked up, and almost all of the stocks bought fell. It is estimated that it will continue to continue. Thankfully, a few transactions have left the market at a profit.
👉 What did I learn from trading
1. Wrong choice
Avoid trading Chinese securities. I have learned a painful lesson in investing in Chinese securities. In the trade war between China and the US, Chinese securities are quite vulnerable in the US stock market. Chinese online car-hailing giant Didi Chuxing “left the US and went to Hong Kong” stirred up the market, and a wave of Chinese securities delistings began under the regulatory struggle between China and the US. In the future, China Securities, which has large-scale livelihood data, is also at risk of being delisted; at the same time, Didi's delisting also convinced the market. China's industry regulation of technology stocks continues, and the return of Internet leaders listed in the US is the general trend. Chinese securities are facing increasing regulatory challenges from US and Chinese authorities. For most companies, it's like walking on eggshells, trying to please both parties. Delisting only makes things simpler. I will not consider trading estimated stocks in the future.
$DouYu(DOYU.US)$ 
$Energy Monster(EM.US)$ 
$Pop Culture(CPOP.US)$ 
$Tian Ruixiang(TIRX.US)$ 
$DiDi Global (Delisted)(DIDI.US)$ 
2. How to select individual stocks
Because I don't have much initial capital, I only choose low-priced stocks for most transactions, ignoring the fundamentals of stocks, such as market value, profit and loss, etc. In the future, I will pay more attention to other aspects when choosing stocks.
Here's a post I've posted before:
https://www.moomoo.com/hans/community/feed/107420373680134?lang_code=0
3. Trading Policy/Strategy
👍 In the future, I would prefer to focus on individual stocks and light index trading
Continuously experimenting and learning from it to find workable solutions to build my own trading portfolio, I'm considering learning from stock god Buffett. Based on my previous experience, I found that stocks that don't rise or even fall when the index rises, when the market falls and then rebounds, not only do they not rebound, but they fall even more. Conversely, stocks that run higher than the market when the index rises will perform relatively well against decline when the market pulls back. When choosing individual stocks with strong fundamentals in the face of severe shocks in the stock market, it falls less often, and when it rises, it can recover quickly.
$Apple(AAPL.US)$A great example
Https:// www.moomoo.com/hans/news/post/ 6932418src=3&report_type=market&report_id=568409&is_recommended=0&is_pos=0&futusource=news_headline_list&skintype=3&main_broker=wwogidewmdgkXQ ==&l evel=1&data_ticket=1638329773905485
3. More diversified portfolios
In the future, consider buying ETFs and learning investment concepts from some investment institutions. Here's my previous post:https://www.moomoo.com/hans/community/feed/107426476982278?lang_code=0
4. Do a stock review
To be honest, when it comes to retrading, it means reviewing the market. As far as this habit is concerned, it is not limited to experts, but as long as you really want to invest well, you have to reconsider more. The biggest benefit of the resumption of trading is that it allows us to continuously increase our experience, so that we can make better decisions and operations in a stock market where conditions are constantly occurring.
5. Only invest the risks you can take, and I only invest within the range that I personally can accept.
When investing, you must be mentally prepared to plan for the best and the worst. Of course, you are happy to make money, but when you lose, you have to bear tremendous internal pressure, which is not a good thing.
Control and understand how much risk you can take. If your investment unexpectedly loses, you won't change much. Of course, it's best to make money.
👉 Future prospects
I'm slowly closing my profitable positions and doing my homework in buying the next stock. There's so much to learn, learn from mistakes, and keep trying, hoping to end losses and start making profits next year. I don't expect to suddenly become rich; I just want stability and victory.
I'm also planning to buy some investment projects from stock god Buffett: $Berkshire Hathaway-A(BRK.A.US)$  $Berkshire Hathaway-B(BRK.B.US)$  $Berkshire Hathaway 13F(LIST2999.US)$  $Apple(AAPL.US)$  $Bank of America(BAC.US)$  $American Express(AXP.US)$  $Coca-Cola(KO.US)$  $The Kraft Heinz(KHC.US)$  $Royalty Pharma(RPRX.US)$  $Floor & Decor(FND.US)$  $Chevron(CVX.US)$  $General Motors(GM.US)$  $Teva Pharmaceutical Industries(TEVA.US)$ 
👉https://www.moomoo.com/hans/news/post/7182898?src=3&report_type=market&report_id=570621&is_recommendation=0&is_recommend_pos=0&futusource=news_headline_list&skintype=3&main_broker=WwogIDEwMDgKXQ==&level=1&data_ticket=1639926069628354
👉https://news.futunn.com/post/11206454?level=1&data_ticket=b2da89f3174162804021fdbcb7d2d452
Hahaha, I give you a thumbs up for reading this long post!
One 👍 one blessing, many 👍 many blessings.
Happy investing to everyone.
$S&P 500 Index(.SPX.US)$  $Dow Jones Industrial Average(.DJI.US)$  $Nasdaq Composite Index(.IXIC.US)$  $iShares Russell 2000 ETF(IWM.US)$

The poster child of China's property crisis China Evergrande Group was officially declared in default by credit rating agency S&P Global on Friday after the sprawling firm missed a bond payment earlier this month.
"We assess that China Evergrande Group and its offshore financing arm Tianji Holding Ltd. have failed to make coupon payments for their outstanding U.S.-dollar senior notes," S&P said in a statement.
S&P $S&P Global(SPGI.US)$ added that Evergrande had asked for the ratings to be withdrawn following the downgrades to 'selective default' a term ratings firms use to describe a missed payment on a bond, but not necessarily all its bonds.
"Evergrande, Tianji, or the trustee have made no announcement or any confirmation with us on the status of the coupon payments," S&P said. $China Evergrande (ADR)(EGRNY.US)$
Part of the content is taken from Yahoo.

$EVERGRANDE(03333.HK)$ downwards start hohoho

$Jiutian Chemical(C8R.SG)$ does anyone know why this stock rises much suddenly today?

$EVERGRANDE(03333.HK)$ all the bad news have set in, any good news regarding restructuring plan/buyout will see a significant rebound.

$EVERGRANDE(03333.HK)$ why stock price still so high despite gonna bankrupt?