$YUEXIU PROPERTY (00123.HK)$ Stock 00123 appears to be forming a bottom breakout and retest, potentially heading toward both the 1x and 2x price targets. Although it hasn’t shown the same momentum as 01030 and 03900, the hope is that it will pick up speed, achieve the 2x target, and retest the gap and even Oct 2024 High.
Key Takeaways: Bullish Sentiment on Alibaba: Major financial analysts have raised Alibaba's target prices, signaling strong optimism about its future market performance. Growing Confidence in Chinese Markets: Financial institutions like Goldman Sachs and J.P. Morgan express increasing confidence in the Chinese markets, using bullish language and supportive market actions. Rally in Hong Kong Stocks: The Hong Kong stock market co...
Chinese markets continue it's bullish upwards march due to reports that regulators are looking to pump money into$CHINA VANKE (02202.HK)$. Chinese markets are popping due to this news. My personal take is: Do not get too excited and jump blindly into chinese property / developers sector Continue to focus on the tech names like$XIAOMI-W (01810.HK)$and$BABA-W (09988.HK)$ Otherwise can focus on$CSOP Hang Seng TECH Index ETF (03033.HK)$ Meanwhi...
Stock 00123 appears to be forming a bottom breakout and retest, potentially heading toward both the 1x and 2x price targets. Although it hasn’t shown the same momentum as 01030 and 03900, the hope is that it will pick up speed, achieve the 2x target, and retest the gap and even Oct 2024 High.
Bullish Sentiment on Alibaba: Major financial analysts have raised Alibaba's target prices, signaling strong optimism about its future market performance.
Growing Confidence in Chinese Markets: Financial institutions like Goldman Sachs and J.P. Morgan express increasing confidence in the Chinese markets, using bullish language and supportive market actions.
Rally in Hong Kong Stocks: The Hong Kong stock market co...
break up today
Chinese markets continue it's bullish upwards march due to reports that regulators are looking to pump money into $CHINA VANKE (02202.HK)$ . Chinese markets are popping due to this news.
My personal take is:
Do not get too excited and jump blindly into chinese property / developers sector
Continue to focus on the tech names like $XIAOMI-W (01810.HK)$ and $BABA-W (09988.HK)$
Otherwise can focus on $CSOP Hang Seng TECH Index ETF (03033.HK)$
Meanwhi...
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