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Columns RMB multiyear high....
My youtube channel:
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
RMB multiyear high is good for Chinese stocks. You would know that I have been talking about RMB internationalisation for awhile. In fact, the strengthening of RMB is an indication that China's RMB internationalisation is progressing smoothly.
Yes you may have even read about the Harvard report that mentioned that China has become a leading global economic powerhouse as well as leading the world and competing for the number 1 spot against US and European countries for the tech leadership.
Donald trump's past presidency term has in fact further expedited this process in tech leadership as China spends more efforts to develop its own hard tech like chips, semiconductors, various hard parts for the tech... This at the same time, let China focus on the tech regulation such that there is narrative to say that chinese tech regulations would slow down the tech leadership of China. Another nice chess piece there for China, which this single move press down Chinese tech equities to such low valuation.
My prediction of 2022 is that Chinese tech stocks will return to normalcy in terms of pricing and risk premium will abate. The strength of RMB will expedite the outflow of RMB into the world so as to counter the RMB strength, which may hurt the exports.
So i expect the overseas investment regulation for domestic china citizens will be formalised in China such that Chinese citizens should be allowed to invest overseas in 2022. Will I be right? Only time will tell... But if this happens, this will benefit the chinese tech stocks... I am positioning my capital into selected chinese tech stocks for the best potential return going into 2022 and 2023.
As always, risk management is important. Stay safe and manage the portfolio well.
As always, this should not be construed as any investment or trading advice.
$UP Fintech (TIGR.US)$ $Futu Holdings Ltd (FUTU.US)$ $Hang Seng TECH Index (800700.HK)$ $DouYu (DOYU.US)$ $HUYA Inc (HUYA.US)$ $TENCENT (00700.HK)$ $BILIBILI-W (09626.HK)$ $Bilibili (BILI.US)$ $PDD Holdings (PDD.US)$ $NetEase (NTES.US)$ $DiDi Global (Delisted) (DIDI.US)$
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
RMB multiyear high is good for Chinese stocks. You would know that I have been talking about RMB internationalisation for awhile. In fact, the strengthening of RMB is an indication that China's RMB internationalisation is progressing smoothly.
Yes you may have even read about the Harvard report that mentioned that China has become a leading global economic powerhouse as well as leading the world and competing for the number 1 spot against US and European countries for the tech leadership.
Donald trump's past presidency term has in fact further expedited this process in tech leadership as China spends more efforts to develop its own hard tech like chips, semiconductors, various hard parts for the tech... This at the same time, let China focus on the tech regulation such that there is narrative to say that chinese tech regulations would slow down the tech leadership of China. Another nice chess piece there for China, which this single move press down Chinese tech equities to such low valuation.
My prediction of 2022 is that Chinese tech stocks will return to normalcy in terms of pricing and risk premium will abate. The strength of RMB will expedite the outflow of RMB into the world so as to counter the RMB strength, which may hurt the exports.
So i expect the overseas investment regulation for domestic china citizens will be formalised in China such that Chinese citizens should be allowed to invest overseas in 2022. Will I be right? Only time will tell... But if this happens, this will benefit the chinese tech stocks... I am positioning my capital into selected chinese tech stocks for the best potential return going into 2022 and 2023.
As always, risk management is important. Stay safe and manage the portfolio well.
As always, this should not be construed as any investment or trading advice.
$UP Fintech (TIGR.US)$ $Futu Holdings Ltd (FUTU.US)$ $Hang Seng TECH Index (800700.HK)$ $DouYu (DOYU.US)$ $HUYA Inc (HUYA.US)$ $TENCENT (00700.HK)$ $BILIBILI-W (09626.HK)$ $Bilibili (BILI.US)$ $PDD Holdings (PDD.US)$ $NetEase (NTES.US)$ $DiDi Global (Delisted) (DIDI.US)$
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$PERFECT MEDICAL (01830.HK)$ share have been dropping. should we sell or hold or buy in more?
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A fully-automated International Stock Exchange, not bound by any political landscape in any countries, with full openness, high liquidity, cheap exchange fees, providing digital-only services and clear regulations rules, will be the silver bullet to the problem.
What do you think?
Top 18 Actives (03 Dec 2021)*
$DiDi Global (Delisted) (DIDI.US)$
$Ford Motor (F.US)$
$Apple (AAPL.US)$
$NIO Inc (NIO.US)$
$Lucid Group (LCID.US)$
$DocuSign (DOCU.US)$
$Bank of America (BAC.US)$
$AT&T (T.US)$
$Alibaba (BABA.US)$
$AMC Entertainment (AMC.US)$
$Advanced Micro Devices (AMD.US)$
$SoFi Technologies (SOFI.US)$
$New Oriental (EDU.US)$
$Carnival (CCL.US)$
$American Airlines (AAL.US)$
$Itau Unibanco (ITUB.US)$
$Palantir (PLTR.US)$
$Celyad Oncology (CYAD.US)$
* Close of at least USD 2 per share and volume of at least 50,000.
What do you think?
Top 18 Actives (03 Dec 2021)*
$DiDi Global (Delisted) (DIDI.US)$
$Ford Motor (F.US)$
$Apple (AAPL.US)$
$NIO Inc (NIO.US)$
$Lucid Group (LCID.US)$
$DocuSign (DOCU.US)$
$Bank of America (BAC.US)$
$AT&T (T.US)$
$Alibaba (BABA.US)$
$AMC Entertainment (AMC.US)$
$Advanced Micro Devices (AMD.US)$
$SoFi Technologies (SOFI.US)$
$New Oriental (EDU.US)$
$Carnival (CCL.US)$
$American Airlines (AAL.US)$
$Itau Unibanco (ITUB.US)$
$Palantir (PLTR.US)$
$Celyad Oncology (CYAD.US)$
* Close of at least USD 2 per share and volume of at least 50,000.
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Bebeeee
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Translated
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Bebeeee
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$Upstart (UPST.US)$ $Alphabet-C (GOOG.US)$ $CrowdStrike (CRWD.US)$ $Snowflake (SNOW.US)$
I don’t mean that in a literal sense of a company that is focused on search engine technology. What I mean is: what is the next midcap company that in your estimation will have explosive growth over the next 10 to 20 years?
Currently my number one is upstart holdings (UPST) and I also think that CrowdStrike and Snowflake have that potential. What do you all think?
I don’t mean that in a literal sense of a company that is focused on search engine technology. What I mean is: what is the next midcap company that in your estimation will have explosive growth over the next 10 to 20 years?
Currently my number one is upstart holdings (UPST) and I also think that CrowdStrike and Snowflake have that potential. What do you all think?
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