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40304 ZA ONLINE N2507
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0.00High0.00Low0Volume0.00Open0.00Pre Close0.00Turnover0.00%Turnover Ratio--P/E (Static)0Shares96.8452wk High--P/B0Float Cap95.4552wk Low--Dividend TTM0Shs Float100.66Historical High--Dividend LFY0.00%Amplitude79.98Historical Low--Avg Price2000Lot Size--Div YieldTTM--Div Yield LFY
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
Do support and subscribe to my channel if you like my analysis! Thanks!!!
Alibaba is a very well-known company, which global investors have long bought into its story.
But if you have been reading my articles, you would know that I have been saying that Alibaba's Jack Ma has "stepped" onto the wrong foots by challenging central authorities. Nevertheless, the recent episode, which I mentioned...
https://youtu.be/TCBmvV2MNvA
you would have known that I have analysed what China authorities can do to mitigate concerns revolving Chinese tech stocks. I make another statement saying that it is no longer just a pure regulatory point coming from China. In fact, the shortsellers or maybe even US have capitalised on the opportunity to make Chinese assets less credible and attractive.
There are now emerging signs that Chinese authorities are aware of this plot given two recent developments since 24 December 2021. I will be posting an update video on regulatory developments in China and do subscribe (and set your notification button) my youtube channel if you would like to be updated.
So what has happened these few days? First, China securities regulator has announced explicitly that they are not against variable interest entity ("VIE") structure. So now the pressure is only coming from the US SEC side.. But again, CSRC has indicated several times that they are working to resolve the concerns shown by SEC and that they are in favour of the corporations in China to decide their choice of listing avenues.
My youtube channel:
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
Another sign is that PBOC has indicated on 25 December 2021 that they continue to support open markets in two directions, meaning that be it supporting the inflows of capital into China, they would also support the outflow of capital from China. What does it mean? To me, I think this is a statement that allowing the local aka domestic investors from China to invest overseas will be allowed. The so called non-chinese media saying that online brokers like Tiger Brokers and Futu will be banned from China may actually be a fake news... Well but you have to know that I am a tiger brokers shareholder and have been adding tiger brokers shares slowly and have since built a decent position in Tiger Brokers.
But in the coming week, I will add Tiger Brokers shares more aggressively but nevertheless, will do this as a portfolio management approach to manage my risk. Will I be right in my analysis and prediction? Only time will tell.
As always, this should not be construed as any investment or trading advice. If you like my analysis, do support me by subscribing to my youtube channel! THANKS!
$UP Fintech (TIGR.US)$ $Futu Holdings Ltd (FUTU.US)$ $Hang Seng Index (800000.HK)$ $TENCENT (00700.HK)$ $Alibaba (BABA.US)$ $NetEase (NTES.US)$ $Baidu (BIDU.US)$ $Trip.com (TCOM.US)$ $KUAISHOU-W (01024.HK)$ $HUYA Inc (HUYA.US)$ $DouYu (DOYU.US)$ $XIAOMI-W (01810.HK)$ $Xiaomi Corp. Unsponsored ADR Class B (XIACY.US)$ $PDD Holdings (PDD.US)$ $JD.com (JD.US)$ $DiDi Global (Delisted) (DIDI.US)$ $Kanzhun (BZ.US)$ $Missfresh (MF.US)$ $Dingdong (DDL.US)$ $ZA ONLINE N2507 (40304.HK)$ $Haier Smart Home (600690.SH)$ $Lenovo (05562.HK)$ $Meituan (ADR) (MPNGF.US)$ $JD-SW (09618.HK)$ $JOYY (YY.US)$ $Bilibili (BILI.US)$ $BILIBILI-W (09626.HK)$ $Weibo (WB.US)$ $
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
As always, this should not be construed as any investment or trading advice.
$NTES-S (09999.HK)$ $Alibaba (BABA.US)$ $JOYY (YY.US)$ $Baidu (BIDU.US)$ $BIDU-SW (09888.HK)$ $TENCENT (00700.HK)$ $UP Fintech (TIGR.US)$ $Futu Holdings Ltd (FUTU.US)$ $HUYA Inc (HUYA.US)$ $Trip.com (TCOM.US)$ $ZA ONLINE N2507 (40304.HK)$ $PDD Holdings (PDD.US)$ $Meituan (ADR) (MPNGF.US)$ $MEITUAN-W (03690.HK)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$ $CR HOLDINGS (01911.HK)$ $JD LOGISTICS (02618.HK)$ $ALIBABA HEALTH INFORMATION TECH LTD (ALBHF.US)$ $TME N2509 (40365.HK)$ $DouYu (DOYU.US)$ $KUAISHOU-W (01024.HK)$ $Bilibili (BILI.US)$ $BILIBILI-W (09626.HK)$
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
Alibaba and Tencent are undoubtedly the best known Chinese big tech companies that the world has known. If you are a financial investor of Chinese equities, it would not be that surprising to you when you hear that tencent had on 22 December 2021 announced the distribution of JD shares that it owns to its shareholders.
But what does it truly mean? Considering that tencent's share price has declined from 775 HKD to around 443 HKD now, representing at least 40% decline from price peak, this move has the signs of helping to reduce further share price downward pressure.
But this is only one level of thinking.... If you read my article on the second level of thinking, we would have to think further.. Is this step a conjunction of the anti-monopoly moves against the big tech and that tencent has read the political intention of central authorities so clearly that it has decided to pledge its loyalty first by shedding really unnecessary investee companies?
What I want to say is I do not think the regulation by chinese tech companies is nearing an end though I have a prediction that the intensity of the chinese tech data and regulation will be much less going into 2022.
As always, this should not be construed as any investment or trading advice.
$TENCENT (00700.HK)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$ $UP Fintech (TIGR.US)$ $Baidu (BIDU.US)$ $Futu Holdings Ltd (FUTU.US)$ $NetEase (NTES.US)$ $Weibo (WB.US)$ $PDD Holdings (PDD.US)$ $Meituan (ADR) (MPNGF.US)$ $Hang Seng TECH Index (800700.HK)$ $Trip.com (TCOM.US)$ $Alibaba (BABA.US)$ $ALI PICTURES (01060.HK)$ $ZA ONLINE N2507 (40304.HK)$ $KUAISHOU-W (01024.HK)$
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
Yes I could wrong. For trading, one has to be agile and know when to cut loss when one is wrong. For investment, its a different operations because for trading, when price moves against one aggressively and hit stop loss limit, one is wrong even if fundamentals are unchanged.
Why did China "suspends" Tencent app from updating yesterday (25 Nov 2021)?
For my longtime followers on youtube, Tiger Brokers and reddit, you would know that I have done a video on Renminbi internationalisation and see China playing a very good piece of chess (i call them the master chess player)!
https://youtu.be/Pu-rXA480RY
If you watch the video above, you would know that China is going to push forward with Renminbi internationalisation given that globally, the reserves in RMB are still very small compared to USD and Euro. An important piece of the chess set is to allow Chinese citizens to invest overseas!
With overseas equities particularly US equities at high valuation, it would make sense for China to keep Chinese equities listed overseas at lower valuation so that when they eventually open the floodgates, their domestic citizens who abide the rules and only invest by them, can enjoy the fruits with chinese equities rebounding fiercely then.
This is why until China allows their citizens to invest overseas directly, any rebound in Chinese tech stocks may not be that strong. This is why after Tencent crossing 500 HKD these few days, Chinese authorities have yet again announced such measures to keep the excitement of potential rebound in tech stocks at its bay.
As always, this should not be construed as any investment or trading advice.
$TENCENT (00700.HK)$ $XIAOMI-W (01810.HK)$ $Alibaba (BABA.US)$ $ALIBABA HEALTH INFORMATION TECH LTD (ALBHF.US)$ $DiDi Global (Delisted) (DIDI.US)$ $Hang Seng H-Share Index ETF (02828.HK)$ $Hang Seng Index ETF (02833.HK)$ $NetEase (NTES.US)$ $Razer Inc. (01337.HK)$ $JD.com (JD.US)$ $MEITUAN-W (03690.HK)$ $BILIBILI-W (09626.HK)$ $PDD Holdings (PDD.US)$ $Bilibili (BILI.US)$ $HUYA Inc (HUYA.US)$ $DouYu (DOYU.US)$ $ZA ONLINE N2507 (40304.HK)$ $Full Truck Alliance (YMM.US)$ $Kanzhun (BZ.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ $LI AUTO-W (02015.HK)$ $Li Auto (LI.US)$
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