$GENTING HK (00678.HK)$ 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!
In 2021, I officially joined moomoo.
Confused and clueless, I tried to make my first pot of gold in the stock market. Through ups and downs, falling and rising again, constantly trying and making efforts to learn new knowledge, looking forward to achieving a better self!
👉moomoo is a great software:
1. Through it, I have learned a lot of very useful new knowledge about stock trading, thank you. @moomoo Courses
2. Often organizing different activities and competitions, sharing different knowledge and enabling us to continuously grow. By participating in activities, I have gained many surprises, improved myself, and have the chance 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, through continuous exploration and familiarization with moomoo functions, trading can become very simple.
👉Holdings statistics
Amazing trading volume of super retail investors!
Currently, I hold over 150 stocks and have traded over 200 times (with multiple positions added in between). Because I didn't have much initial capital, I started by buying small amounts of multiple low-priced stocks. Inexperienced, I mistakenly thought that as long as I bought low-priced stocks (near their yearly lows) and waited for a rebound, I would definitely make a big profit. However, the reality is not so. Using the DCA strategy, diversifying the investment methods seems to have had no effect (actually, it was a wrong method 🙅‍♂️), but instead caused my funds to be continuously trapped, and most of the stocks I bought are still falling. Fortunately, a few trades have made profits and exited.
👉 What have I learned from trading
1. Wrong choices
Avoid trading in Chinese concept stocks. I learned a painful lesson from investing in Chinese concept stocks. The China-US trade war has made Chinese concept stocks quite fragile in the US stock market. The withdrawal of Chinese ride-hailing giant Didi Chuxing from the US and its listing in Hong Kong has disrupted the market, and the wave of delistings of Chinese concept stocks is on the rise amid the struggle between China and the US regulators. Chinese concept stocks that have access to large-scale consumer data also face delisting risks in the future. 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 US is the trend. Chinese concept stocks face increasing regulatory challenges from both the US and Chinese authorities. For most companies, it's like walking on eggshells and trying to please both sides. Delisting will only make things simpler. In the future, I will no longer consider trading Chinese concept stocks.
$DouYu (DOYU.US)$ 
$Energy Monster (EM.US)$ 
$Pop Culture (CPOP.US)$ 
$Tian Ruixiang (TIRX.US)$ 
$DiDi Global (Delisted) (DIDI.US)$ 
How to choose individual stocks
Because I don't have much initial capital, I mostly trade low-priced stocks, ignoring the fundamentals of stocks, such as market cap, profit and loss, etc. In the future, I will focus more on other aspects when choosing stocks.
This is a post I previously published:
https://www.moomoo.com/hans/community/feed/107420373680134?lang_code=0
Trading guidelines/strategies
👍 In the future, I tend to trade individual stocks more than index trading
Continuously try and learn from it, looking for feasible solutions to establish their own trading portfolio, I consider learning from the stock god Buffett. Based on previous experience, I found that stocks that do not rise or even fall when the index rises, and when the market rebounds after a decline, they not only do not rebound but also fall even more. On the contrary, stocks that perform better than the market when the index rises tend to show relatively better resilience when the market corrects. Choose stocks with strong fundamentals, they tend to fall less in the face of severe market volatility, and they quickly recover when they rise.
$Apple (AAPL.US)$A 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=WwogIDEwMDgKXQ==&level=1&data_ticket=1638329773905485
3. Diversify your investment portfolio.
In the future, consider buying ETFs and learning investment concepts from some investment institutions. Here are some posts I've previously shared:https://www.moomoo.com/hans/community/feed/107426476982278?lang_code=0
4. Reviewing stock trades.
To be honest, when it comes to reviewing stock trades, it is not only limited to experts, but also a necessary practice for anyone who wants to be a successful investor. The biggest advantage of reviewing trades is that it allows us to continuously gain experience, which enables us to make better decisions in the constantly changing stock market.
5. Only invest the amount of risk you can afford, and I only invest funds within my personal acceptable range.
When investing, you must be mentally prepared and have a plan for the best and worst outcomes. Making money is definitely a happy thing, but when you experience losses, you have to bear immense inner pressure, which is not easy at all.
Control and understand how much risk you can afford. If your investment unexpectedly fails, you won't undergo too much change. Of course, making money is the best!
👉Looking ahead to the future
I will gradually close out profitable positions and do thorough research before buying the next stock. There is so much to learn, and I will learn from my mistakes, continuously trying. I hope to end the loss and start making a profit next year. I don't expect to get rich overnight, I just hope for steady success.
I also plan to invest in some of Warren Buffett's projects: $Berkshire Hathaway-A (BRK.A.US)$  $Berkshire Hathaway-B (BRK.B.US)$  $Warren Buffett Portfolio (LIST2999.US)$  $Apple (AAPL.US)$  $Bank of America (BAC.US)$  $American Express (AXP.US)$  $Coca-Cola (KO.US)$  $The Kraft Heinz (KHC.US)$  $Royalty Pharma (RPRX.US)$  $Floor & Decor (FND.US)$  $Chevron (CVX.US)$  $General Motors (GM.US)$  $Teva Pharmaceutical Industries (TEVA.US)$ 
👉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
Haha, please give a like if you've managed to read through 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?