$GENTING HK (00678.HK)$ 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.
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The smallest me has big dreams!
I officially joined moomoo in 2021.
Being clueless, I tried to make my first fortune in the stock market, stumbling along the way, falling down and getting back up, constantly trying and learning new knowledge, and looking forward to becoming a better version of myself!
👉 moomoo is a great software.
1. Through it, I have learned a lot of valuable knowledge about stock trading. Thank you. @moomoo Courses
2. It often holds various activities and competitions to share different knowledge and help us continuously grow. Participating in these activities has brought me many surprises, self-improvement opportunities, and chances to win rewards. 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 available, and by continuously exploring and familiarizing myself with the moomoo features, trading becomes very simple.
👉Hold Positions Statistics.
Amazing trading volume for retail investors!
Currently holding over 150 stocks and trading over 200 times (with multiple additional purchases in between). Because I didn't have much initial capital, I initially chose to buy a small quantity of low-priced stocks. Due to my lack of experience, I mistakenly thought that as long as I bought low-priced stocks (stocks close to their one-year lows) and waited for a rebound, I would definitely make a big profit. However, the reality was different. The use of DCA strategy and diversification method didn't seem to be effective (actually, it was the wrong approach). Instead, it resulted in my capital being constantly trapped, with most of the stocks I bought experiencing a decline, and it's likely to continue. Fortunately, a few trades have already made a profit and exited.
👉 What have I learned from these trades?
1. Making the wrong choices
Avoid trading Chinese concept stocks, I have learned a painful lesson from investing in Chinese concept stocks. In the trade war between China and the United States, Chinese concept stocks are quite fragile in the U.S. stock market. The Chinese online car-hailing giant Didi Chuxing's "retreat from the U.S. to Hong Kong" has stirred up the market, and the wave of delisting of Chinese concept stocks is emerging under the power struggle between China and the U.S. In the future, Chinese concept stocks that have access to massive domestic data also face delisting risks; at the same time, Didi's delisting move has also convinced the market that China's industry regulation of technology stocks is still ongoing, and the return of leading internet companies listed in the U.S. is the trend. Chinese concept stocks face increasing regulatory challenges from both the U.S. and Chinese authorities. For most companies, it's like walking on eggshells trying to please both sides. Delisting will only make things easier. In the future, I will no longer consider trading Chinese concept stocks.
$DouYu (DOYU.US)$ 
$Energy Monster (EM.US)$ 
$Pop Culture (CPOP.US)$ 
$Tian Ruixiang (TIRX.US)$ 
$DiDi Global (Delisted) (DIDI.US)$ 
2. How to choose individual stocks?
Because I don't have a lot of initial capital, most of my trades are focused on low-priced stocks, ignoring the fundamentals of the stocks such as market cap, earnings, and losses. In the future, I will focus on other aspects when selecting stocks.
This is a post I previously published:
https://www.moomoo.com/hans/community/feed/107420373680134?lang_code=0
3. Trading policy/strategy.
👍 In the future, I prefer to trade more individual stocks than index.
Continuously try and learn from it, find feasible solutions to establish your own trading portfolio. I consider learning from the stock god Buffett. Based on previous experience, I found that when the index is rising, stocks that don't rise or even fall, will not only fail to rebound when the overall market rebounds, but will actually fall even further. On the other hand, stocks that outperform the index when the index rises will show relatively more resistance to decline when the overall market retraces. Choosing stocks with strong fundamentals will result in less decline during market volatility, and the ability to recover quickly when it rises.
$Apple (AAPL.US)$A very good example.
Https://www.moomoo.com/hans/news/post/6932418?src=3&report_type=market&report_id=568409&is_recommendation=0&is_recommend_pos=0&futusource=news_headline_list&skintype=3&main_broker=WolzF9wgIDEwMDgKXQ==&level=1&data_ticket=1638329773905485
3. More diversified investment portfolios.
In the future, I plan to consider buying ETF and learn investment concepts from some investment institutions. Here are the posts I published before: https://www.moomoo.com/hans/community/feed/107426476982278?lang_code=0
4. Stock Review
To be honest, in terms of stock review, it is not limited to experts, but if you really want to invest well, you must review more. The biggest benefit of reviewing is that it allows us to constantly gain experience, which enables us to make better decisions in the ever-changing stock market.
5. Only invest the amount of risk you can afford, the funds I invest are within the range I can accept personally.
When investing, you must be mentally prepared and be prepared for the best and worst. It is happy to make money, but when you suffer losses, you have to bear tremendous inner pressure, which is not easy at all.
Control and understand how much risk you can afford, so that even if unexpected investment losses occur, you will not undergo too much change. Of course, making money is the best.
👉 Future Outlook
I will gradually close out profitable positions and do my homework in buying the next stock. There is so much to learn, to learn from mistakes, and to keep trying. I hope to end the losses and start making profits next year. I don't expect to get rich overnight, I just hope to steadily win.
I also plan to buy some of the stocks recommended by the stock god, Warren Buffett: $Berkshire Hathaway-A (BRK.A.US)$  $Berkshire Hathaway-B (BRK.B.US)$  $Warren Buffett Portfolio (LIST2999.US)$  $Apple (AAPL.US)$  $Bank of America (BAC.US)$  $American Express (AXP.US)$  $Coca-Cola (KO.US)$  $The Kraft Heinz (KHC.US)$  $Royalty Pharma (RPRX.US)$  $Floor & Decor (FND.US)$  $Chevron (CVX.US)$  $General Motors (GM.US)$  $Teva Pharmaceutical Industries (TEVA.US)$ 
👉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, give it a like if you have read this long article!
One thumbs up, one blessing, many thumbs up, many blessings.
Wishing everyone a happy investment.
$S&P 500 Index (.SPX.US)$  $Dow Jones Industrial Average (.DJI.US)$  $Nasdaq Composite Index (.IXIC.US)$  $iShares Russell 2000 ETF (IWM.US)$

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?