Hello Mooers! The Chinese stock market has plunged more than 10%in these two days. Some Mooers may be shockedby such a terrified quake, while some Mooers believe that this plunging is inevitable because of 'buy the rumor, sell the news'. A group of Mooers believe that this is a health pullback, while another group of Mooers believe that the Chinese stocks are uninvestable. Regardless of what may happen to the Chinese ...
Hello Mooers! In today's discussion, I would like to share with you some China ETFsthat are either on my watchlist and/or portfolio and, at the same time, would like to hear from your comments and opinions. Without further ado, let's begin. The Chinese stock market has lost $6 trillionin the last three years. But something changed last week. Brokers are being inundated with requests from investors eager to create accounts and take part in this"Onc...
$Chongqing Sokon Industry Group Stock (601127.SH)$ Huawei Technologies is inviting more carmakers to invest in its smart-car unit as it looks to diversify and expand its interest in China's fast-growing electric vehicle (EV) sector, according to Xinhua News Agency. The telecoms equipment manufacturer is opening the door to outside investors to help turn its unit Shenzhen Yinwang Intelligent Technology into an open-so...
SoundOfMusic
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Huawei is behind Xpeng in smartification, so they are asking for help from third parties. The smart thing to do is to license the smartification technologies from Xpeng, who owns the full stack. Make Xpeng the China champion in smart driving to compete with Tesla. Reinventing the smartification wheel for Huawei is super expensive and misallocation of capital. Another point is open source smartification is dangerous. Have you seen the supply chain attack by Israel? How can people have confidence to drive a smart car, not exactly knowing where the software is from at 120km/hr? Xpeng owns the full stack to do L4+ in two years time.
$Maxeon Solar Technologies (MAXN.US)$Guys , how worse can it be ? It’s time to buy not to sell . . . think carefully about the company infrastructure and the long term potential , the support from TCL . . . how worse can it go ?? It can only go up from here !
$Chongqing Sokon Industry Group Stock (601127.SH)$ On Aug 26, the Aito M7 Pro launched, Aito a brand partnership between Huawei and Seres. The main difference between the Pro and the existing Ultra version is that the Pro uses a vision-based assisted driving system so, eliminating the Lidar unit and being cheaper. There are four configurations of the Aito M7 priced between 249,800 and 289,800 yen (35,100...
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bullrider_21
OP
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Lost only USD4,000. So breaking even won't be difficult.
$Maxeon Solar Technologies (MAXN.US)$ So, this stock will be impacted fairly negatively soon. Significant reductions in almost everything. A 41% decrease in rev yoy, operating expense increase yoy (so cost of revenue is up despite less rev), -492% yoy decrease in Net Profit, 124% yoy reduction in ROA, -65% yoy net cash balance, -391% pre tax profit yoy.... They not only are losing customers but selling less overall, while cost is wayyyyy up and have trouble collecting payments from existing cust...
$Luxshare Precision Industry (002475.SZ)$
$Hangzhou Hikvision Digital Technology (002415.SZ)$
$Muyuan Foods (002714.SZ)$
$NAURA Technology Group (002371.SZ)$
$CGN Power Co.,Ltd. (003816.SZ)$
$S.F. Holding (002352.SZ)$
$Bank Of Ningbo (002142.SZ)$
$Jiangsu Yanghe Distillery (002304.SZ)$
$Guosen (002736.SZ)$
$Iflytek Co.,ltd. (002230.SZ)$
$Focus Media Information Technology (002027.SZ)$
$Rongsheng Petro Chemical (002493.SZ)$
$Zhejiang Sanhua Intelligent Controls (002050.SZ)$
...
The Chinese stock market has plunged more than 10%
Some Mooers may be shocked
A group of Mooers believe that this is a health pullback
Regardless of what may happen to the Chinese ...
In today's discussion, I would like to share with you some China ETFs
Without further ado, let's begin.
The Chinese stock market has lost $6 trillion
Securities: $CITIC (600030.SH)$ $East Money Information (300059.SZ)$
Insurance: $China Life Insurance (601628.SH)$ $Ping An Insurance (601318.SH)$
Auto Parts: $Fuyao Glass Industry Group (600660.SH)$ $Weichai Power (000338.SZ)$ $Ningbo Tuopu Group (601689.SH)$
Cars: $BYD Company Limited (002594.SZ)$
Software: $Beijing Kingsoft Office Software, Inc (688111.SH)$ $Hithink RoyalFlush Information Network (300033.SZ)$ $Iflytek Co.,ltd. (002230.SZ)$
...
Huawei Technologies is inviting more carmakers to invest in its smart-car unit as it looks to diversify and expand its interest in China's fast-growing electric vehicle (EV) sector, according to Xinhua News Agency.
The telecoms equipment manufacturer is opening the door to outside investors to help turn its unit Shenzhen Yinwang Intelligent Technology into an open-so...
On Aug 26, the Aito M7 Pro launched, Aito a brand partnership between Huawei and Seres. The main difference between the Pro and the existing Ultra version is that the Pro uses a vision-based assisted driving system so, eliminating the Lidar unit and being cheaper. There are four configurations of the Aito M7 priced between 249,800 and 289,800 yen (35,100...
So, this stock will be impacted fairly negatively soon.
Significant reductions in almost everything. A 41% decrease in rev yoy, operating expense increase yoy (so cost of revenue is up despite less rev), -492% yoy decrease in Net Profit, 124% yoy reduction in ROA, -65% yoy net cash balance, -391% pre tax profit yoy....
They not only are losing customers but selling less overall, while cost is wayyyyy up and have trouble collecting payments from existing cust...
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