Nvidia USD141.54.
Baba USD97.42

Hmmmm.

A land war is waging in Central, HK... between CK Asset, Henderson and Hong Kong Land.

A series of reports by 香港明报 looks at the history of Grade A office towers in Central

https://finance.mingpao.com/fin/daily/20241...%98%b2%e6%88%b0

https://finance.mingpao.com/fin/daily/20241...%87%8d%e7%8f%be

https://finance.mingpao.com/fin/daily/20241...%88%a9%e6%a8%93

And your point is? Why compare two different sector?

Tips for HK stock traders: https://finance.mingpao.com/fin/instantf/20...8%82%a1fomo-2-0

Numbers are out from the stimulus bill. The government is still more focus on local government debt.

Next thing to look at are china big tech earnings coming out soon on this few weeks to see what do they signal on consumer spendings.

WSJ Business | Earnings

Tencent Profit Momentum Continues on Gaming Strength
Peers Alibaba and JD.com are scheduled to release results later this week

https://www.wsj.com/business/earnings/tence...share_permalink

香港明报 reports: https://finance.mingpao.com/fin/instantf/20...%a0%90%e6%9c%9f

---------------------------------------

Tencent results: https://www.tencent.com/en-us/investors.html

HKEX announcement: https://static.www.tencent.com/uploads/2024...34895a5f8db.pdf

Press release: https://static.www.tencent.com/uploads/2024...e6b7b01c115.pdf

Presentation slides: https://static.www.tencent.com/uploads/2024...5c13b73761d.pdf

This post has been edited by TOS: Nov 15 2024, 09:34 PM

Alibaba results: https://www.alibabagroup.com/en-US/investor-relations

Press release: https://data.alibabagroup.com/ecms-files/15...4%20Results.pdf

HKEX announcement: https://data.alibabagroup.com/ir_filings/HK...24111501247.pdf

Presentation slides: https://data.alibabagroup.com/ecms-files/15...4%20Results.pdf

BABA did well. But market sentiment is still negative. Glad I took 50% profit at peak otherwise more profit will be wiped out. Seems like people still love shorting ADR.

Consumption demand is still weak, but there are green shoots of recovery and less government intervention lately.

Overall BABA business is stabilizing while the international commerce and cloud business starting to accelerate. I Look forward for atleast 30% business is under non core commerce side. Maybe by then atleast BABA might be valued more similar to Amazon.

So lets see the next quarter of reports.

More chaos in New World...

Bloomberg Business | New World CEO to Leave After Two Months in Succession Saga

New World appoints Echo Huang as CEO, replacing Eric Ma
Ma took CEO role in September after Adrian Cheng left

https://www.bloomberg.com/news/articles/202...succession-saga

bro, China bank stocks still can top up or not? The 8%+ dividends are tempting. Do you think next year they can repeat this?

Hey to think still got people here. Dividend and value wise yes, but in terms of capital gain i don’t think so.

Apart from domestic woes, i think how the gov handle the market has a very negative view by investors. So unless there is some fundamental changes or a really big bazooka stimulus there won’t be any strong tailwind for china/hk equities for the foreseeable timeframe.

my Bank of China stock is like my alternative FD. Can't complaint about lack of capital appreciation when DY is above 8%. I'm hesitating to add coz US markets are at all time high & negative news can cause some correction. Buffett also sold aggressively this year, so a bit scared

Thinking of adding China position.

Any thoughts on 3067 Hang Seng ETF? or better go directly into BABA 9988 or Tencent 0700?

I hope you did. Up a lot suddenly. Don't know fake orgasm or real this time. Anyway I'm still holding some BABA.

Haven't yet. Thinking of adding some next year after Trump Tariffs.

Just thinking whether I should go ETF or just hold BABA/TENCENT..

Bloomberg Technology | Asia

Alibaba to Mark $1.3 Billion Loss in Sale of Intime Stores

Chinese tech company agrees to sell Intime to Youngor Fashion
Alibaba has pivoted toward consolidating its core businesses

www.bloomberg.com/news/articles/2024-12-17/alibaba-to-mark-1-3-billion-loss-in-sale-of-intime-store-chain

Bloomberg Economics

China’s Struggling Rich Cities Are Threatening the Entire Economy
Fiscal hardship gripping poorer provinces is spilling into wealthy regions long considered slowdown-proof. That’s threatening the nation’s entire economy.

www.bloomberg.com/news/features/2024-12-19/china-s-richest-cities-show-limits-of-1-trillion-debt-swap-plan

-----------------------------

Bloomberg Industries | Health

Chinese Aspirin Costing Under a Cent Shuts Out Foreign Firms

Competition among local generic makers hits business
MNCs all but shut out of latest contracts to sell to hospitals

www.bloomberg.com/news/articles/2024-12-19/chinese-aspirin-costing-under-a-cent-shuts-out-foreign-firms

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FT Automobiles

What are the bumps in the road to a Honda-Nissan merger?
Deal terms, Renault’s position, differing cultures and a possible rival bidder could all upset plans for a combination

www.ft.com/content/8ef0398f-e261-48d3-be04-5af48e0e1f54

Can consider Xiaomi. But had gone up quite a lot recently, maybe wait for opportunities when it’s down

FT Chinese business & finance

Chinese venture capitalists force failed founders on to debtor blacklist
Pursuit of entrepreneurs threatens start-up ecosystem as investors target personal assets to claw back funding

https://www.ft.com/content/38f1e51b-83b8-45...bf-2bc63f18e6ce