$TENCENT (00700.HK)$Tencent has been buying back it's own shares from August to September daily with 2.7 millions shares worth hk1 billion every day for more than 30 days when the share price is between hk360 to hk390 for the total amount worth more than hk30 billions, after the share price surge past hk400 then it pause the share buyback for a few days. But after the share price go above hk450, it resume share buyback on 3/10 again at smaller qty, yesterday it bought back 541000 shares at Ave ...
Chinese tech stocks HS Tech Index increased 60% from August low, and the HS China Enterprises Index increased 40%. It's time for selection of the laggers that are not so popular or fashionable. Stocks that offer growth, dividend yields, and intrinsic value, and are still undervalued in the lower interest rate environment with more cuts to come. The Chinese authorities will announce more measures to recover the property sector. Such stocks are still very undervalued. Tec...
zigzinger
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Most of the companies are ahead of their fundamentals. From the mid to long term view, the Chinese government is making a good move. That said, the proposed policies needs time to presented on the statistics as well.
$TENCENT (00700.HK)$ Last time for overseas investors to get in. Once the nation opens its gates for their retail investors next tuesday, ggwp the volume will be so crazy.
It's time for selection of the laggers that are not so popular or fashionable. Stocks that offer growth, dividend yields, and intrinsic value, and are still undervalued in the lower interest rate environment with more cuts to come.
The Chinese authorities will announce more measures to recover the property sector. Such stocks are still very undervalued.
Tec...
Last time for overseas investors to get in. Once the nation opens its gates for their retail investors next tuesday, ggwp the volume will be so crazy.
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