$MM2 Asia (1B0.SG)$
It rose to 0.047, between 0.046 and 0.048, as expected.
$UnUsUaL (1D1.SG)$ $Parkson Retail (O9E.SG)$ $Acesian Partners (5FW.SG)$ $Nippecraft (N32.SG)$ $Mencast (5NF.SG)$ $Pollux Prop (5AE.SG)$ $Geo Energy Res (RE4.SG)$ $Golden Energy (AUE.SG)$

$MM2 Asia (1B0.SG)$ reached 0.062 as mentioned on 12 Jun. It was unable to break out of the downtrend line. Looks like it will fall back to the 0.053-0.054 support.

$MM2 Asia (1B0.SG)$ is unusually quiet today. Pun intended.

$MM2 Asia (1B0.SG)$ any ideas what's wrong with the latest fall?

China concept stocks suffered a bloodbath last year, and even giants like $Alibaba (BABA.US)$ $PDD Holdings (PDD.US)$ were not spared. Pinduoduo’s share price fell from a peak of $212.6 to 39.99 (as of the close on March 22, 2022), a drop of 81%. Ali's stock price plummeted from $319.32 to $103.59 (close on March 22), a drop of 68%, and the market value evaporated more than $550 billion, equivalent to more than 3 trillion yuan. Chinese concept stocks suffered a cold w...