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 Hong Kong Exchange & HK Stocks, Per title post-Extradition Bill W/drawal

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ChAOoz
post Mar 4 2022, 09:50 AM

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Woah what happen to hang seng man. Blood letting all around and alibaba just pass 100HKD level. Tencent is going to breach below 400 as well.
SUSTOS
post Mar 4 2022, 09:55 AM

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QUOTE(ChAOoz @ Mar 4 2022, 09:50 AM)
Woah what happen to hang seng man. Blood letting all around and alibaba just pass 100HKD level. Tencent is going to breach below 400 as well.
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It shows that just because it's cheap, does not mean it can't go cheaper. tongue.gif
dwRK
post Mar 4 2022, 09:59 AM

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QUOTE(TOS @ Mar 4 2022, 09:55 AM)
It shows that just because it's cheap, does not mean it can't go cheaper. tongue.gif
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I've learned that there is no such thing as cheap... wink.gif
SUSTOS
post Mar 4 2022, 10:09 AM

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QUOTE(dwRK @ Mar 4 2022, 09:59 AM)
I've learned that there is no such thing as cheap... wink.gif
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Yea charts are usually plotted from -infinity to +infinity on the y-axis, so no limit. laugh.gif
ChAOoz
post Mar 4 2022, 10:12 AM

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https://www.bloomberg.com/news/articles/202...-at-key-meeting

Mostly bearish news. So a continue market in the doldrums is not to be unexpected.
dwRK
post Mar 4 2022, 10:25 AM

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QUOTE(TOS @ Mar 4 2022, 10:09 AM)
Yea charts are usually plotted from -infinity to +infinity on the y-axis, so no limit. laugh.gif
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... you want to wait for fire sale laugh.gif

I'm now all cash btw... wink.gif
ChAOoz
post Mar 4 2022, 10:28 AM

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QUOTE(dwRK @ Mar 4 2022, 10:25 AM)
... you want to wait for fire sale laugh.gif

I'm now all cash btw... wink.gif
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Such an aggressive position, i can never go all cash man. What if you miss few of the good up days or weeks
dwRK
post Mar 4 2022, 10:35 AM

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QUOTE(ChAOoz @ Mar 4 2022, 10:28 AM)
Such an aggressive position, i can never go all cash man. What if you miss few of the good up days or weeks
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i tell my friends... slow n steady... don't lose money... wink.gif

tbh... I bitch n moan when missed the boat... but is ok lah... plenty of fish in the sea... tomorrow a better day smile.gif... hahaha

2 wks ago told my friend I wanna swap out my oil stock for crude... but I didn't... at the time crude was 90... lol

This post has been edited by dwRK: Mar 4 2022, 10:39 AM
Medufsaid
post Mar 4 2022, 12:21 PM

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QUOTE(ChAOoz @ Mar 4 2022, 09:50 AM)
Woah what happen to hang seng man. Blood letting all around and alibaba just pass 100HKD level. Tencent is going to breach below 400 as well.
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markets spooked really bad
user posted image
Davidtcf
post Mar 4 2022, 06:31 PM

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Due to war with Ukraine:

https://www.scmp.com/business/markets/artic...ions-hit-russia

China not sanctioning Russia also. Some shareholders might not like this and decide to liquidate.
SUSecntrader
post Mar 5 2022, 03:51 AM

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how to buy this HK stock? bloodbath in bursa. only left plantation sector to BBB.. but.. already surge over extend from moving average. scary:(
tadashi987
post Mar 5 2022, 08:17 AM

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QUOTE(Tradershare @ Mar 4 2022, 09:56 PM)
Im malaydsian. Which broker should i use if i want to buy hong kong stocks?
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QUOTE(ecntrader @ Mar 5 2022, 03:51 AM)
how to buy this HK stock? bloodbath in bursa. only left plantation sector to BBB.. but.. already surge over extend from moving average. scary:(
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in Malaysia the broker which offer HKEX should be FSM, but fee is rather on the high side compared to foreign brokers

Davidtcf
post Mar 5 2022, 08:32 AM

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QUOTE(tadashi987 @ Mar 5 2022, 08:17 AM)
in Malaysia the broker which offer HKEX should be FSM, but fee is rather on the high side compared to foreign brokers
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Tiger Brokers also can trade. Can us wise transfer funds in. But withdraw will need a SG bank. Easiest to open is CIMB SG or Maybank SG. Can do all online.
SUSTOS
post Mar 5 2022, 05:50 PM

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QUOTE(Davidtcf @ Mar 5 2022, 08:32 AM)
Tiger Brokers also can trade. Can us wise transfer funds in. But withdraw will need a SG bank. Easiest to open is CIMB SG or Maybank SG. Can do all online.
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Err are you sure Maybank SG account can be opened online entirely?

I know CIMB SG can, but Maybank SG you may need to go to post office to collect your first time login passcode (in a letter) if you are not in house when the postman delivers your account stuff (cards, welcome letters, first time login passcode etc.). Your account debit card, welcome letter will be delivered as usual even when you are not at home, but the first time passcode needs in-person verification at the post office, at least from my past experience.

Just something to note for those who want to open Maybank SG account.

This post has been edited by TOS: Mar 5 2022, 05:52 PM
kucingfight
post Mar 5 2022, 10:51 PM

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QUOTE(TOS @ Mar 5 2022, 05:50 PM)
Err are you sure Maybank SG account can be opened online entirely?

I know CIMB SG can, but Maybank SG you may need to go to post office to collect your first time login passcode (in a letter) if you are not in house when the postman delivers your account stuff (cards, welcome letters, first time login passcode etc.). Your account debit card, welcome letter will be delivered as usual even when you are not at home, but the first time passcode needs in-person verification at the post office, at least from my past experience. 

Just something to note for those who want to open Maybank SG account.
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Yeah this was the last news

https://www.straitstimes.com/business/compa...-singapore-soon

Coming soon.........soon soon...god knows when
SUSTOS
post Mar 6 2022, 12:35 AM

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QUOTE(kucingfight @ Mar 5 2022, 10:51 PM)
Yeah this was the last news

https://www.straitstimes.com/business/compa...-singapore-soon

Coming soon.........soon soon...god knows when
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Ah thanks for the update. Good to know.
Cubalagi
post Mar 6 2022, 09:03 AM

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QUOTE(ecntrader @ Mar 5 2022, 03:51 AM)
how to buy this HK stock? bloodbath in bursa. only left plantation sector to BBB.. but.. already surge over extend from moving average. scary:(
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HK bloodbath worse than Bursa lah

ivanpei
post Mar 7 2022, 09:34 AM

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Use Rakuten and buy American ETFs that hold HK stocks like KWEB. That's probably the easiest way to buy HK Stocks.
SUSTOS
post Mar 7 2022, 12:47 PM

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Money Monday from 明报: https://drive.google.com/file/d/1PxtEXMd-BD...iew?usp=sharing
Cubalagi
post Mar 8 2022, 12:00 PM

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I added some China exposure. At current levels, HSCEI is trading at 2008 Global Financial crisis levels!

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