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$Adobe (ADBE.US)$
Finally started a position thanks to the markets overreaction. Quality company and mgmt. Long ADBE!
Finally started a position thanks to the markets overreaction. Quality company and mgmt. Long ADBE!
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What Happened: Regulatory agencies of China along with the Securities Exchange Commission in the U.S. are negotiating a cooperative method for audit supervision, China Securities Regulatory Commission said in a statement Saturday.
The CSRC also expressed confidence that the parties will be able to find a cooperative path that meets each other's regulatory needs, jointly protect the legitimate rights and interests of global investors, and promote the healthy development of the capital markets of the two countries.
Why It's Important: The CSRC has in the past promised to cooperate with the U.S. over how it supervises the auditing of Chinese companies, which could avert potential delisting of these firms from American exchanges.
The recent statement on the dialogue between the regulators of both nations suggests there could be a resolution to the stalemate over how to keep tabs on the auditors of publicly traded China-based companies here in the U.S.
Chinese companies listed in the U.S. such as $Alibaba (BABA.US)$ , $Tencent (TCEHY.US)$ and $JD.com (JD.US)$ were already under pressure due to a clampdown by local regulators. They were reprimanded in the past over antitrust issues and misuse of user data.
Earlier this month, reports suggested China is looking to make it mandatory for companies listed in the U.S. and Hong Kong, through the variable entity route, to make their ownership structures more transparent to facilitate regulatory reviews, especially in sectors that are off limits to foreign investment.
These adverse regulatory headlines have hurt even Chinese EV makers listed in the U.S., including $NIO Inc (NIO.US)$ and $XPeng (XPEV.US)$ .
Indications that Chinese and U.S. regulators are ready to bury the hatchet, therefore, should come as a relief to these companies.
The CSRC also expressed confidence that the parties will be able to find a cooperative path that meets each other's regulatory needs, jointly protect the legitimate rights and interests of global investors, and promote the healthy development of the capital markets of the two countries.
Why It's Important: The CSRC has in the past promised to cooperate with the U.S. over how it supervises the auditing of Chinese companies, which could avert potential delisting of these firms from American exchanges.
The recent statement on the dialogue between the regulators of both nations suggests there could be a resolution to the stalemate over how to keep tabs on the auditors of publicly traded China-based companies here in the U.S.
Chinese companies listed in the U.S. such as $Alibaba (BABA.US)$ , $Tencent (TCEHY.US)$ and $JD.com (JD.US)$ were already under pressure due to a clampdown by local regulators. They were reprimanded in the past over antitrust issues and misuse of user data.
Earlier this month, reports suggested China is looking to make it mandatory for companies listed in the U.S. and Hong Kong, through the variable entity route, to make their ownership structures more transparent to facilitate regulatory reviews, especially in sectors that are off limits to foreign investment.
These adverse regulatory headlines have hurt even Chinese EV makers listed in the U.S., including $NIO Inc (NIO.US)$ and $XPeng (XPEV.US)$ .
Indications that Chinese and U.S. regulators are ready to bury the hatchet, therefore, should come as a relief to these companies.
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Top 5 tickers from different platforms is a collection of top trending tickers from major investment platforms and social media, giving investors a list of trending tickers across places.
Moomoo selected the hottest tickers from Robinhood and moomoo; the top trending tickers from Yahoo Finance and Investing.com; the most active tickers from Stocktwits.
$Tesla (TSLA.US)$ $AMC Entertainment (AMC.US)$ $Apple (AAPL.US)$ $Rivian Automotive (RIVN.US)$ $Adobe (ADBE.US)$
Moomoo selected the hottest tickers from Robinhood and moomoo; the top trending tickers from Yahoo Finance and Investing.com; the most active tickers from Stocktwits.
$Tesla (TSLA.US)$ $AMC Entertainment (AMC.US)$ $Apple (AAPL.US)$ $Rivian Automotive (RIVN.US)$ $Adobe (ADBE.US)$
Expand
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The Hong Kong stock market has pulled back obviously in 2021, with the HSI currently down over 14% cumulatively, underperforming major global stock indices, so should investors be optimistic next year?
With many institutions releasing their 2022 outlooks, the voices favouring the performance of Chinese assets are getting stronger, including bullish views on Hong Kong stocks, and a number of institutions give optimistic forecasts for the HSI's point next year.
Overall, these institutional investors generally believe that the Hong Kong stock market has been digested most risk after continued adjustments and that the current valuation is reasonable as well as attractive.
$Hang Seng Index (800000.HK)$ $Hang Seng China Enterprises Index (800100.HK)$ $Hang Seng TECH Index (800700.HK)$ $TENCENT (00700.HK)$ $MEITUAN-W (03690.HK)$ $HKEX (00388.HK)$ $BYD COMPANY (01211.HK)$
With many institutions releasing their 2022 outlooks, the voices favouring the performance of Chinese assets are getting stronger, including bullish views on Hong Kong stocks, and a number of institutions give optimistic forecasts for the HSI's point next year.
Overall, these institutional investors generally believe that the Hong Kong stock market has been digested most risk after continued adjustments and that the current valuation is reasonable as well as attractive.
$Hang Seng Index (800000.HK)$ $Hang Seng China Enterprises Index (800100.HK)$ $Hang Seng TECH Index (800700.HK)$ $TENCENT (00700.HK)$ $MEITUAN-W (03690.HK)$ $HKEX (00388.HK)$ $BYD COMPANY (01211.HK)$
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$Microsoft (MSFT.US)$ buying the dip. they are not going anywhere unless the whole world decide to stop using windows. #HighConviction
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The price-earnings ratio premium of the technology sector continues to expand. Even excluding $Apple (AAPL.US)$ and $Microsoft (MSFT.US)$ , the valuation of the technology sector is still much higher than the other sectors of the S&P 500.
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$Apple (AAPL.US)$ $Microsoft (MSFT.US)$ $NVIDIA (NVDA.US)$ The metasverse market is likely to be very large, with a combined estimated annual operation of $2,000bn. Apple's years of investment in consumer hardware, consumer love for the brand, and expertise in nearby areas are likely to pay off in the metacverse in some way. FAANG stocks as well as Microsoft and Nvidia could also benefit.
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BlackRock, the world's largest asset management institution, is cutting its exposure to Indian equities and becoming more optimistic about Chinese stocks because of attractive valuations. "Valuation is key now," said Belinda Boa, head of active investment for Asia Pacific at BlackRock. "We are starting to gain in China compared to What India has done this year and are more optimistic about growth stocks in China."
Blackrock has recalibrated its Asia-focused portfolio from underweight to neutral on Chinese stocks and scaled back its underweight expectations for Internet services companies.
Ubs is also bullish on Hong Kong stocks in 2022, forecasting a return of 7%-13% and a hang Seng target of 27,000 points.
Ubs said the expected resumption of customs clearance in Hong Kong and the mainland will drive some corporate earnings recovery, and Hong Kong banks, customs clearance beneficiaries and high dividend yield stocks will outperform the market in 2022 amid slower growth, tighter liquidity and higher real yields. Bullish on Macau gaming stocks and Hong Kong retail stocks.
$TENCENT (00700.HK)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$ $XPENG-W (09868.HK)$ $LI AUTO-W (02015.HK)$ $JD-SW (09618.HK)$ $XIAOMI-W (01810.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$
Blackrock has recalibrated its Asia-focused portfolio from underweight to neutral on Chinese stocks and scaled back its underweight expectations for Internet services companies.
Ubs is also bullish on Hong Kong stocks in 2022, forecasting a return of 7%-13% and a hang Seng target of 27,000 points.
Ubs said the expected resumption of customs clearance in Hong Kong and the mainland will drive some corporate earnings recovery, and Hong Kong banks, customs clearance beneficiaries and high dividend yield stocks will outperform the market in 2022 amid slower growth, tighter liquidity and higher real yields. Bullish on Macau gaming stocks and Hong Kong retail stocks.
$TENCENT (00700.HK)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$ $XPENG-W (09868.HK)$ $LI AUTO-W (02015.HK)$ $JD-SW (09618.HK)$ $XIAOMI-W (01810.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$
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