The$Hang Seng TECH Index (800700.HK)$soared to its highest level since February 2022 last Friday. Despite ongoing volatility in U.S. tech stocks, the index has surged by 23.08% since the start of the year. Leading the charge are the 'Terrific Ten,' a group of major Chinese tech firms including$Tencent (TCEHY.US)$,$Alibaba (BABA.US)$, and$SMIC (00981.HK)$, which have outpaced the Magnificent 7 in gains since early 2024. F...
$Alibaba (BABA.US)$$BABA-W (09988.HK)$ Chinese President Xi Jinping on Mon (Feb 17) spoke at a symposium was attended by business leaders including Alibaba co-founder Jack Ma, state media reported, as Beijing grapples with a slowing economy and growing tensions with the US. Other private business leaders who attended the symposium included Huawei founder Ren Zhengfei, Xiaomi's Lei Jun, BYD's Wang Chuanfu, Unitree's Wang X...
bullrider_21
OP
Mr Careful
:
Not this time. The tech crackdown has ended. Regulations may be more relaxed. Xi may guide the private sector in the government-led direction and contain the potential risks to compete with the US. This may be the second wind for the market rally.
$BIDU-SW (09888.HK)$always gd to cover all or at least half before results. unless u are a gambler or have gd luck. I don't have gd luck and don't need gd luck
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Report
Mr Careful
OP
:
short after results if the opportunity arises again
Earnings Preview Markets will be closed on Monday for Presidents' Day. Despite the shortened trading week, investors can expect a busy schedule of earnings reports. Notable companies announcing their results include Chinese tech giants$Baidu (BIDU.US)$and$Alibaba (BABA.US)$, as well as retail powerhouse$Walmart (WMT.US)$. In the energy sector,$Occidental Petroleum (OXY.US)$is expected to d...
Baidu Stock Forum
F...
VVIP: Jack Ma, founder of Alibaba Group; Lei Jun, founder and CEO of Xiaomi; Pony Ma Huateng, founder and CEO of Tencent; Wang Chuanfu, chairman and CEO of electric carmaker BYD; and Ren Zhengfei, founder and CEO of Huawei Technologies were among the attendees. Alibaba is the owner of the South China Morning Post.
Xi Jinping gathers China’s tech entrepreneurs for ‘high-stakes’ symposium" data-next-head="
$Baidu (BIDU.US)$ $Alibaba (BABA.US)$ $Xiaomi Corp. Unsponsored ADR Class B (XIACY.US)$ $Tencent (TCEHY.US)$ $BYD Company ADR (BYDDY.US)$ $Contemporary Amperex Technology (300750.SZ)$
Chinese President Xi Jinping on Mon (Feb 17) spoke at a symposium was attended by business leaders including Alibaba co-founder Jack Ma, state media reported, as Beijing grapples with a slowing economy and growing tensions with the US.
Other private business leaders who attended the symposium included Huawei founder Ren Zhengfei, Xiaomi's Lei Jun, BYD's Wang Chuanfu, Unitree's Wang X...
Markets will be closed on Monday for Presidents' Day. Despite the shortened trading week, investors can expect a busy schedule of earnings reports. Notable companies announcing their results include Chinese tech giants $Baidu (BIDU.US)$ and $Alibaba (BABA.US)$, as well as retail powerhouse $Walmart (WMT.US)$. In the energy sector, $Occidental Petroleum (OXY.US)$ is expected to d...
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