Shopping Festival Concept
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The first half of 2024 has been a promising period for my investment portfolio, despite its heavy tilt towards Chinese and Singaporean stocks. With a performance of 9.20% ![]()
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, my portfolio has outpaced the $Hang Seng Index(800000.HK$, the $CSI 300(LIST20861.HK$, and the $FTSE Singapore Straits Time Index(.STI.SG$, though it fell short of the remarkable gains seen in the US markets, particularly the $S&P 500 Index(.SPX.US$ and the $Nasdaq(NDAQ.US$. Of cours...
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$BABA-SW(09988.HK$ hip hip hooray! To the moon!
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$BABA-SW(09988.HK$ when will the slide end?
need to keep on average down.
$BABA-SW (09988.HK)$ thot that there will be a pull back after hitting $78. yet, it continues to march on. Amazing
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$TENCENT(00700.HK$ disclosed in a statement that it repurchased 2.61 million shares on the Stock Exchange at a price of $378.4-$385.6 per share yesterday (11 July), involving a total amount of about $1 billion.
Since the ordinary resolution was passed, a total of 98.99 million shares have been repurchased, representing around 1.05% of the company's share capital.
$Tencent(TCEHY.US$ $Hang Seng TECH Index(800700.HK$ $China Concept Stocks(LIST2517.US$
Since the ordinary resolution was passed, a total of 98.99 million shares have been repurchased, representing around 1.05% of the company's share capital.
$Tencent(TCEHY.US$ $Hang Seng TECH Index(800700.HK$ $China Concept Stocks(LIST2517.US$
Ding Jian, President of Goofish, a second-hand trading platform of BABA, noted that changing consumption habits, especially among young people, have increased demand for idle items.
The platform's user base has rapidly expanded, reaching 162 million MAUs. During the 2024 Lunar New Year, average daily GMV exceeded RMB 1 billion. Goofish aims to surpass 200 million MAUs in 2024.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$
The platform's user base has rapidly expanded, reaching 162 million MAUs. During the 2024 Lunar New Year, average daily GMV exceeded RMB 1 billion. Goofish aims to surpass 200 million MAUs in 2024.
$ALIBABA GROUP HOLDING LTD(BABAF.US$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$
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There was HKD296.6 million, HKD144.9 million and HKD129.2 million Southbound Trading net inflow to $MEITUAN-W(03690.HK$ , $CHINA MOBILE(00941.HK$ and $XIAOMI-W(01810.HK$ .
There was HKD529.9 million, HKD262 million and HKD143 million Southbound Trading net outflow from $TENCENT(00700.HK$ , $XPENG-W(09868.HK$ and $CNOOC(00883.HK$ .
For $SH->HK Connect(GangGuTong.HK$ , $CHINA MOBILE(00941.HK$ was the most ac...
There was HKD529.9 million, HKD262 million and HKD143 million Southbound Trading net outflow from $TENCENT(00700.HK$ , $XPENG-W(09868.HK$ and $CNOOC(00883.HK$ .
For $SH->HK Connect(GangGuTong.HK$ , $CHINA MOBILE(00941.HK$ was the most ac...
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151743798 : If you sell Chinese stocks and exchange them all for US stocks, especially high-tech stocks, you didn't have 9% in the first half of the year, but 39%. I'm curious if you're still buying Chinese stocks. Aren't big A-shares even better?
doctorpot1OP 151743798: It's true that US high-tech stocks have performed exceptionally well, offering significant returns that outpaced my portfolio's 9% gain in the first half of the year. However, my investment philosophy is grounded in long-term value investing, and I believe that Chinese stocks, particularly those with solid fundamentals, have the potential for substantial rebounds of 100%, 200%, or even 300% as the Chinese market recovers. That said, predicting market movements is inherently uncertain, and diversification remains a crucial part of my strategy.
Yes, I am still buying Chinese stocks, but I'm also diversifying my portfolio further by allocating some cash into bonds and REITs to take advantage of higher yields as interest rates are expected to drop. This provides a balanced approach, combining growth potential with income stability.
As for A-shares, I prefer investments where I can employ options strategies. Options allow me to hedge my trades and enhance returns through strategies like covered calls and LEAPS. Since I can't use options on A-shares, they don't align with my current investment strategy.
葡萄山 : We have no way of predicting what will happen tomorrow, but we must be prepared to take risks. And I think doing what we should do now is to prepare the best for the future.