Traded spotted

Yeah it is, i think i have been sitting for a pretty long time

Only did i enter during the China sell down, and i only bought China cause it has pretty good value. Apart from that i have been doing nothing since Oct last year apart from bargain hunting on meta during feb and gambling on cryptos

Business wise, Baba is more like Amzn.

But let's wait u til end of the year and see which will get better results from this levels.

I also see a lot of headwinds for US equities..tightening monetary and fiscal situation, slowing growth, high inflation..things which China experienced last year!

U were too early n position too big. That's what I think.


This post has been edited by Cubalagi: Mar 31 2022, 08:30 AM

Business wise china tech is consider value buys with good growth and still has a low base for further international market expansion.

But did you see the latest sec update on china delisting again yesterday ? That narrative will be never ending and will always put a downward pressure on valuation. I started buying around 2020 ish and till today the same sticking point is still unsolved between regulators.

This post has been edited by ChAOoz: Mar 31 2022, 09:06 AM

https://finance.mingpao.com/fin/instantf/20...%90%8d%e5%96%ae

https://www.sec.gov/hfcaa

HFCAA added 5 more companies to the "provisional list", some names include Futu, iQiyi, and Baidu.

The first 5 are "concluded" to be delisted, they appear on the "conclusive" list, one of them is Yum China.

The biggest thing you have missed out regulatory actions from both sides, China and US. Some had called it the trade war between US and China and companies like Baba / Tencent are smack right in the middle.

That's the biggest risk issue you are discounting....

Hence, come on... from day one... quite long ago... I mentioned the fundamentals doesn't really matter anymore. Neither is the valuation. That's my 3 sen opinion to avoid these stocks. Yeah, it made a real nice bounce. But so did many other tech related stocks.

Take a simple one... compare Baba to Greatec.

the one month comparison



the one year comparison



So why insist on Baba when even a company like Greatec, which has a whole lot less baggage?


* ps .... Greatec is just a random pick cause I saw a report talking bs (trading buy, lol) *

https://www.bloomberg.com/news/articles/202...nd=premium-asia

Wow this is big if its true. We shall see if this signal a fundamental shift

Should be quite true because if not trade tariffs will go up

Trade off from the trade wars

As always ... US market down, HK market will also fall down ... often harder. Even when the issues in the US have no or little impact on HK/China.

Is it cause HK market is dominated by ang moh expats and Hongkies who look up on the West?

Thankfully the mainland investors are made of sterner stuff, though they also tend to be emotional.

world's biggest economy sneezes... rest of the world follows...

- stock market 101

Not necessary. My Vietnam ETF did not suffer any serious pullback since I bought it in 2021. The Vietnamese are tough cookies ...

i'm quite sure some of vnindex up/dn movements coincide with sp500's...

Vietnam is considered a "frontier" market, unlike China an "emerging" market. The level of foreign institution investment in Vietnam stock market is still at relatively low level.

I have Vietnam exposure via 2804.HK ETF. It's down about 6% YTD, which is about the same as S&P500.

This post has been edited by Cubalagi: Apr 8 2022, 10:54 PM

Possible more company will be included into hk stock connect soon.

Hopefully baba is included this round, which fall into one of my bull case catalyst for the stock.

If you mean VNM yes because it is geared towards dividends while there is very low potential growth

Most top 10 constituents are rated equal at around 6 to 7% hence fluctuations are very low

香港明报 Money Monday today: https://drive.google.com/file/d/1tj1iu7CN87...iew?usp=sharing

From The Star's April 11 market summary:



As always, HK/China shares go down the hardest. One can give 101 excuses ... Shanghai lockdown lah (as if other countries never experienced lockdown), blah blah blah ... but as an ex-US prez used to tweet: Weak!

WEAk because China bad PPI number today nothing even to do with lockdown

It will be the same tomorrow when US announce bad inflation number

hehehe

ringgit also dropped... weak!!!

vnindex also dropped... weak!!!

like this above also gets reported... lol

nothing goes up forever... nothing goes up in a straight line... - stock market 101

This post has been edited by dwRK: Apr 12 2022, 07:02 AM

WHat goes up must come down