Steady-boy
voted
My idle cash is mainly invested in $Fullerton SGD Cash Fund (SG9999005961.MF)$ . It has generated a return of 3.5-3.8%pa during the first half of the year. I also applied cash fund coupons from moomoo promotions along the way to enhance the yield. This came up to a tidy sum of a couple hundred dollars for the first 6 months of 2024. Thanks very much, moomoo Singapore!
How many funds do you currently subscribe to in moomoo other than Cash Plus?
@aoimizu @phady05 @小虎发大财 @Benji_123 @hanabi3 @9333 @karhing @snoopy123 @费北敬 @toomanyscammers @Learning Uncle @cslee1288 @ch0717 @Ch0501 @Johannpee @Bubblegumm Be sure t...
How many funds do you currently subscribe to in moomoo other than Cash Plus?
@aoimizu @phady05 @小虎发大财 @Benji_123 @hanabi3 @9333 @karhing @snoopy123 @费北敬 @toomanyscammers @Learning Uncle @cslee1288 @ch0717 @Ch0501 @Johannpee @Bubblegumm Be sure t...
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Steady-boy
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Shares of $Alibaba (BABA.US)$ , $Baidu (BIDU.US)$ , $JD.com (JD.US)$ , $Tencent (TCEHY.US)$ , $Li Auto (LI.US)$ and $XPeng (XPEV.US)$ rose in Hong Kong on Wednesday.
What’s Moving: Shares of the Chinese tech companies traded higher in a range between 2% and 6% in Hong Kong, following similar gains by their U.S. peers overnight. Hong Kong’s benchmark Hang Seng Index opened higher on Wednesday and was up 0.3% at the time of writing. The index closed 1.0% higher on Monday.
Why Is It Moving? The Hang Seng Index rose as stocks extended their rebound from a 21-month low on Monday.
Investors remain optimistic about more policy easing by Beijing after the People’s Bank of China (PBOC) reduced the one-year loan prime rate (LPR) on Monday.
Shares of Chinese companies closed sharply higher in U.S. trading on Tuesday after the major averages in the U.S. ended notably higher as fears about the Omicron variant of the coronavirus eased.
What’s Moving: Shares of the Chinese tech companies traded higher in a range between 2% and 6% in Hong Kong, following similar gains by their U.S. peers overnight. Hong Kong’s benchmark Hang Seng Index opened higher on Wednesday and was up 0.3% at the time of writing. The index closed 1.0% higher on Monday.
Why Is It Moving? The Hang Seng Index rose as stocks extended their rebound from a 21-month low on Monday.
Investors remain optimistic about more policy easing by Beijing after the People’s Bank of China (PBOC) reduced the one-year loan prime rate (LPR) on Monday.
Shares of Chinese companies closed sharply higher in U.S. trading on Tuesday after the major averages in the U.S. ended notably higher as fears about the Omicron variant of the coronavirus eased.
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Steady-boy
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$UP Fintech (TIGR.US)$ buy 10 support support
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Steady-boy
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To all my fellow investors,
The stock market has yet again hit ATH. It always seems to do so every other month despite the sharp decline back in Q1 of 2020.
Swarms of new investors around the world has entered the market thereafter, injecting trillions into markets around the world; predominantly the US.
MEME stocks, FAANG and plenty other sectors have benefited from the sheer volume of trades in the past year. This has caused most of the S&P500 companies to be extreamly volitile and their stock prices to be inflated.
Fundamentals and value investing would be the approach in the coming years ahead. In the short term, Markets would continue to carry on with it’s usal unpredictable swings as tailwinds from economics factors continue to shake up the foundation of the US markets. Untill then, it’ll be wise for investors to spend their time researching on the companies they love and understand their valuations.
...
The stock market has yet again hit ATH. It always seems to do so every other month despite the sharp decline back in Q1 of 2020.
Swarms of new investors around the world has entered the market thereafter, injecting trillions into markets around the world; predominantly the US.
MEME stocks, FAANG and plenty other sectors have benefited from the sheer volume of trades in the past year. This has caused most of the S&P500 companies to be extreamly volitile and their stock prices to be inflated.
Fundamentals and value investing would be the approach in the coming years ahead. In the short term, Markets would continue to carry on with it’s usal unpredictable swings as tailwinds from economics factors continue to shake up the foundation of the US markets. Untill then, it’ll be wise for investors to spend their time researching on the companies they love and understand their valuations.
...
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Steady-boy
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Columns 17 Dec 2021: Will short term economic pressure in China bring blessing to Chinese tech stocks
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.
$UP Fintech (TIGR.US)$ $Futu Holdings Ltd (FUTU.US)$ $NTES-S (09999.HK)$ $NetEase (NTES.US)$ $Alibaba (BABA.US)$ $HUYA Inc (HUYA.US)$ $Bilibili (BILI.US)$ $BILIBILI-W (09626.HK)$ $KUAISHOU-W (01024.HK)$ $Hang Seng TECH Index (800700.HK)$ $iShares Hang Seng TECH ETF (03067.HK)$ $DouYu (DOYU.US)$ $Baidu (BIDU.US)$ $Weibo (WB.US)$ $Haier Smart Home (600690.SH)$ $XIAOMI-W (01810.HK)$ $Lenovo (05562.HK)$ $JD.com (JD.US)$ $MEITUAN-W (03690.HK)$ $Meituan(ADR) (MPNGF.US)$ $PDD Holdings (PDD.US)$
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.
$UP Fintech (TIGR.US)$ $Futu Holdings Ltd (FUTU.US)$ $NTES-S (09999.HK)$ $NetEase (NTES.US)$ $Alibaba (BABA.US)$ $HUYA Inc (HUYA.US)$ $Bilibili (BILI.US)$ $BILIBILI-W (09626.HK)$ $KUAISHOU-W (01024.HK)$ $Hang Seng TECH Index (800700.HK)$ $iShares Hang Seng TECH ETF (03067.HK)$ $DouYu (DOYU.US)$ $Baidu (BIDU.US)$ $Weibo (WB.US)$ $Haier Smart Home (600690.SH)$ $XIAOMI-W (01810.HK)$ $Lenovo (05562.HK)$ $JD.com (JD.US)$ $MEITUAN-W (03690.HK)$ $Meituan(ADR) (MPNGF.US)$ $PDD Holdings (PDD.US)$
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Steady-boy
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$Alibaba (BABA.US)$
latest article from cnbc on tues 14th dec. BABA US investor is only 13.1%
which means delisting fears has more or less been priced in
Information in the video
https://youtu.be/KUxHODn4cYQ
latest article from cnbc on tues 14th dec. BABA US investor is only 13.1%
which means delisting fears has more or less been priced in
Information in the video
https://youtu.be/KUxHODn4cYQ
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