makemoonies
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$Hang Seng Index (800000.HK)$ news flash - US markets making all time highs again.. while HSI is stuck in a downward spiral with hardly any green days ![]()
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makemoonies
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$BABA-W (09988.HK)$ gonna end red
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makemoonies
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makemoonies
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
makemoonies
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$Hang Seng Index (800000.HK)$ Congratulations to the Hang Seng Index for breaking through the 52-week low point.
Translated
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makemoonies
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$Lion-OCBC Sec HSTECH S$ (HST.SG)$
Below 50 is likely and test all time low as the situation in China is very bad. Most Chinese are tightening their belts because the huge drop in property prices. Mosr experienced 30% to 70% drop in property value and they cannot sell as they would need to top up cash. China cannot depend on internal consumption as people are unwilling to spend. Nevertheless, current prices are under value. The issue is we don't know how long it will remain under value.
Below 50 is likely and test all time low as the situation in China is very bad. Most Chinese are tightening their belts because the huge drop in property prices. Mosr experienced 30% to 70% drop in property value and they cannot sell as they would need to top up cash. China cannot depend on internal consumption as people are unwilling to spend. Nevertheless, current prices are under value. The issue is we don't know how long it will remain under value.
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makemoonies
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$Hang Seng Index (800000.HK)$ retesting 52w lows of ~15970, must see if it holds..
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makemoonies
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$BABA-W (09988.HK)$ Just set an alert on the historical low price.. I will start buying when it reaches there. Not too far from 52wk low...
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makemoonies OP 五代雄杰 : don’t even need to wait till 12![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")