Added my weekly $220, and added more shares of TORM ($Torm (TRMD.US)$) for the reasons stated in my previous post. Market price is below NAV value + I think the Company will start buy back program soon to purchase their shares at such cheap price. Market outlook for product tankers is positive.
RandomTrader_
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Oil prices has been going down which means shipping will also take a hit which it currently is. Setting aside the high dividend %, what is a good motive to buy more of this stock?
The Hong Kong stock market extended its downward trend today, with all three major indices closing lower in a broad-based decline. Market sentiment remained weak amid widespread selling pressure. By the close of trading: The Hang Seng Index fell 0.88% to 19,795.49 points; The Hang Seng Tech Index dropped 1.45% to 4,414.70 points; The China Enterprises Index declined 0.75% to 7,132.69 points. Investor confi...
For people who wants to expose to some 🇨🇳 stocks, can consider this tech giant. Wechat app is the main message app in china, it's like WhatsApp, but more powerful. It has alot more services functionality, basically it's a combo of everything you can think of. It has tiktok, you tube, twitter, gaming, fb, WhatsApp, digital payment and etc. Tencent has listing in 🇺🇸 aswell, but I prefer to buy in hang Seng 🇭🇰 listing, it has more liquidity and safer because of...
China stocks are back in action! 🚀 After a big political meeting, next year’s game plan is clear: more fiscal spending and easier monetary policy. Sounds big, right? The last time we saw this kind of "double easing" was 2008—feels like déjà vu! 🕰️Today’s market was a mixed bag though—so where’s the momentum heading next? 🤔 Here’s the gist: 1️⃣ Boost consumer spending (yes, they’re serious about it) 2️⃣ Push tech innovation and industrial upgrad...
Spinee
OP
Yeize
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Yeah, leveraged ETFs can definitely bring some excitement—but remember, with the market mix today, it’s good to stay cautious. If you’re not comfortable with the risk, maybe stick to a one-time leveraged option for now.
JacobAhearne
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I'm thinking it's about turn for the worst pretty quickly... the Swiss have forecasted the potential for negative growth and the ECB are suggesting potential of cutting rates by 50 basis points post haste. I'm starting to get worried. if it's rally big I'll be clean rocking the clean house, and selling up.
US tech stocks were dragged down by China's probe into Nvidia, but everything and anything that could benefit from new Chinese stimulus roars up The Nasdaq fell 0.6%, and the S&P 500 fell by 0.6% from their record all-time high. Tech stocks, telcos, and cruise lines fell the most, while copper stocks such as Freeport-McMoRan$Freeport-McMoRan (FCX.US)$and lithi...
Nisdey
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China's probe is just well timed posturing to try and get some leverage over Trump before he takes office. Nobody still believes that TSMC aren't involved in some kind of back door shenanigans with the CCP. This is just a distraction until Trump imposes tariffs and some kind of ChinVidia pops up with a breakthrough AI accelerator. It's all well and good to design the things, but if you can't make them domestically, and your government taxes the sh*t out of the only place that can, it's all a bit pointless isn't it. And why isn't Intel doing anything at all to close the gap? Where are the industrial espionage agents learning how to replicate what is obviously a solved problem, using the very same machines they have access to. It just doesn't seem that hard to do, especially when all the odds are skewed in your favour. It's not as if the laws of physics are somehow different in Taiwan.
As of December 2024,$ZHONGSHENG HLDG (00881.HK)$Zhongsheng Group Holdings Ltd (HKG: 881) is trading at approximately HKD 16.08, reflecting a 1.01% increase for the day. Over the past year, the stock has experienced a decline of about 12.89% . Financial Overview: • Market Capitalization: $4.87 billion. • Trailing P/E Ratio: 9.86, suggesting the stock may be undervalued relative to earnings. • Revenue (TTM): HKD 24.74 billion. • Net Income (TTM): HKD 493.87 mi...
RandomTrader_ : Oil prices has been going down which means shipping will also take a hit which it currently is. Setting aside the high dividend %, what is a good motive to buy more of this stock?