In a strategic move to reinforce China's technological leadership, President Xi Jinping is set to convene a pivotal symposium on Monday in Beijing, bringing together the nation's foremost tech entrepreneurs. This assembly not only underscores China's unwavering dedication to innovation but also presents a compelling invitation for global investors to engage with the dynamic Chinese tech sector. 🌟A Convergence o...
Stocks to Watch Baker Hughes Company (BKR US)$Baker Hughes (BKR.US)$ Daily Chart -[BULLISH ↗ **]BKR US shaped a bullish exit of ascending channel to the upside. As long as price is holding above near term support at 42.65, a further push higher towards 46.90 resistance is expected. Technical indicators are advocating for a bullish scenario as well. Alternatively: A daily candlestick closing below 42.65 support level could open drop towards n...
Kingsoft's strong conversion of profit to free cash flow is a positive sign. The company's statutory profit may understate its earnings potential. Despite losses last year, it managed to profit this year. However, a full understanding of the company requires considering more than just these factors.
China's National Press and Publication Administration (NPPA) recently released another batch of 105 domestic online game approval numbers (banhao) for December, versus 87 in November. The number of approvals this time surpassed 100 for the first time, with wider scope of coverage.$Tencent (TCEHY.US)$'s ADRs in the U.S. soared 3.5% overnight, an upsurge of more than 7% from the closing price of HK$274 in Hon...
1. China's CSI 300 Index to Include More Tech Firms China's CSI 300 Index, akin to the S&P 500, is set to include more technology-related companies in its bi-annual review. This move reflects China's evolving economy driven by technological advancements. Chip industry leaders like Cambricon Technologies, Empyrean Technology, and Hygon Information Technology will be added, aiming to balance the index, currently skewed towards fina...
High insider ownership at Kingsoft indicates its run with all shareholders in mind. However, more insider shares sold than bought last year, combined with their significant holdings, might concern investors.
KSO Futures(FEB5) Forum
🌟A Convergence o...
$Lion-OCBC Sec HSTECH S$ (HST.SG)$ trying hard for an upside reversal bar
$XIAOMI-W (01810.HK)$ leader leads in market reversal mood…soon to take down the ATH
$KINGSOFT CLOUD (03896.HK)$ nice bo bull ⛳️
$KINGSOFT (03888.HK)$ 👀 attemptin to bo big base
$SUNNY OPTICAL (02382.HK)$ 👀 big inverted head shoulder waiting for bo
…and a few more coming their way !
Baker Hughes Company (BKR US) $Baker Hughes (BKR.US)$
Daily Chart -[BULLISH ↗ **]BKR US shaped a bullish exit of ascending channel to the upside. As long as price is holding above near term support at 42.65, a further push higher towards 46.90 resistance is expected. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A daily candlestick closing below 42.65 support level could open drop towards n...
$Hang Seng TECH Index (800700.HK)$ busted below the 20 and 10MAs to bottom at 3,627, and last at 3,630, down 2.3%. $Hang Seng Index (800000.HK)$ also miss...
The number of approvals this time surpassed 100 for the first time, with wider scope of coverage. $Tencent (TCEHY.US)$ 's ADRs in the U.S. soared 3.5% overnight, an upsurge of more than 7% from the closing price of HK$274 in Hon...
China's CSI 300 Index, akin to the S&P 500, is set to include more technology-related companies in its bi-annual review. This move reflects China's evolving economy driven by technological advancements. Chip industry leaders like Cambricon Technologies, Empyrean Technology, and Hygon Information Technology will be added, aiming to balance the index, currently skewed towards fina...
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