$Futu Holdings Ltd (FUTU.US)$ let’s go 50 😇

$PDD Holdings (PDD.US)$ Stay away from Chinese concept stocks.

$Lemonade (LMND.US)$ going up

$Meta Materials (MMAT.US)$
Responsible CEO. 🚀

$Alibaba (BABA.US)$ You're just garbage, 0.02 million as a lesson.

This marks the first episode of my coverage of potential metaverse stocks in China market. For readers who have watched my youtube video on "what is metaverse and stocks in the metaverse ecosystem", youtube link is as follows:-
https://youtu.be/v0PrV2MGYhc
Below is just a snapshot of one of the video coverage:-
Tencent has in its recent results briefing mentioned that it has the tools for metaverse. The question to ask is whether Chinese authorities will allow the metaverse ecosystem in China. To them, Chinese authorities will not stop this as long as this ecosystem complies with the regulations that the Chinese authorities have set out.
To me, if this is a mega trend that the rest of the world is doing, I do think that China will not want to be completely left out of the "Game". However, it should be like what the current internet regulations are set out.This means youtube and google chrome, etc are not allowed in China and thus external metaverse not within China multi-metaverse will not be allowed in China.
Readers know that I have a position in Huya. With live streaming being an important part of the community engagement, I believe that Huya has a place in China's metaverse ecosystem as long as the regulations of the youth in gaming streaming is well regulated. Not forgetting that Huya is also developing its own games and I do recall Huya has invested in augmented reality tools and/or companies. Nevertheless, for current price movement, Huya is currently facing a strong resistance price level around 9.8 to 10 USD and unless it can break 10.3 USD strongly, it has a lower chance to stay above 10 USD for long even if it breaks it momentarily.
Nevertheless, given Huya's 1.7 billion USD on its balance sheet as of 30 Sep 2021, I decide to hold Huya longer on a longer time duration and see if the excitement of metaverse can spill over to Huya. This is not forgetting that there is recent excitement over Chinese metaverse stocks in Chinese markets. This however relates more to the hardware/ headsets, equipment related for augmented and virtual reality so far.
As always, this should not be construed as any investment or trading advice.
$HUYA Inc (HUYA.US)$ $DouYu (DOYU.US)$ $TENCENT (00700.HK)$ $Meta Platforms (FB.US)$ $Roundhill Ball Metaverse ETF (META.US)$ $Snap Inc (SNAP.US)$ $Fastly (FSLY.US)$ $Tesla (TSLA.US)$ $NIO Inc (NIO.US)$ $XIAOMI-W (01810.HK)$ $Shopify (SHOP.US)$ $NVIDIA (NVDA.US)$ $iShares Hang Seng TECH ETF (03067.HK)$ $PDD Holdings (PDD.US)$ $Microsoft (MSFT.US)$ $Amazon (AMZN.US)$ $Lemonade (LMND.US)$

$Lemonade (LMND.US)$
Being in down trend almost 1year and today my alert pop up.
It could be a potential good entry for long term play.