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

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AVFAN
post Oct 12 2020, 09:08 AM

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QUOTE(C-Note @ Oct 12 2020, 06:09 AM)
would it be safer to just invest in 2801.hk? it consists of most tech companies anyway.
Top 10 holdings and weightage% as follows:
ALIBABA GROUP HOLDING ADR REPRESEN 20.44
TENCENT HOLDINGS LTD 14.33
MEITUAN DIANPING 4.45
JD.COM ADR REPRESENTING INC 2.42
CHINA CONSTRUCTION BANK CORP H 2.26
PING AN INSURANCE (GROUP) CO OF CH 2.23
CHINA MOBILE LTD 1.44
NETEASE ADR INC 1.33
BAIDU ADR REPTG INC CLASS A 1.25
INDUSTRIAL AND COMMERCIAL BANK OF 1.14
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if u want a broader mix, perhaps.

i prefer more tech with hstech etf.

user posted image
AVFAN
post Oct 12 2020, 07:31 PM

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QUOTE(MBCH @ Oct 12 2020, 03:33 PM)
Everybody know why Trump start this shit* war , but remember US need China, China need US, and both need the world, the World need them

So, if you think long term, no impact see the US, CH & HK market rising like never, But i believe more in Asia markets as not artificial or boosted like US by the FED
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i kinda agree with u on this.

i do think drump will back off soon enough or he gets booted out anyway. tongue.gif

china's fast recovery may even lead the next global economic wave, leaving some behind!

QUOTE(Hansel @ Oct 12 2020, 03:55 PM)
OK,... even if the HK mkt rising, with the US GOvt continuing to suppress a company like Ant, will Ant be able to rise to its fullest potential ?
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bro, we can't see too far ahead.

things can change very quickly after nov 3.

if one is cautious about HK, one should also be wary about SG, MY, but maybe for diff reasons.

for tech and fintech, i see good things coming for hkex/china.

my 03033 hstech etf turned green today! rclxms.gif

This post has been edited by AVFAN: Oct 12 2020, 10:56 PM
AVFAN
post Oct 13 2020, 02:04 PM

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QUOTE
China tech stocks seen as a better bet than under-fire US peers

Chinese Internet stocks will keep outperforming their US counterparts in the months ahead as regulatory challenges to America’s technology giants mount in Washington DC and Brussels, according to some investors.

Their reasoning includes expectations that weakening the US megacaps will help bolster the relative attractiveness of Chinese technology companies, which are continuing to invest in areas of growth. Meantime, the growing uncertainty over prospects for the US sector could send buyers to their cheaper Chinese peers which are still being championed by the government in Beijing.

"The structural trend for China tech remains intact,” said Edward Lim, chief investment officer at Covenant Capital Pte. in Singapore. The sector trades on lower valuations and with higher growth prospects than the United States and it faces lesser regulatory risk from its own authorities, he added.

The MSCI China Information Technology Index has risen 45% this year, versus a 32% gain in the Nasdaq Composite. It trades on 27 times 12-month forward earnings, compared to 32 times for its US counterpart.
https://www.thestar.com.my/tech/tech-news/2...r-fire-us-peers

AVFAN
post Nov 3 2020, 09:57 PM

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Ant Group’s record $34.5 billion IPO in Shanghai and Hong Kong suspended

Ant Group’s world record-setting initial public offering (IPO) in Shanghai and Hong Kong has been suspended.
The Shanghai and Hong Kong stock exchanges made the announcement on Tuesday.
Ant Group’s controller Jack Ma, the executive chairman Eric Jing and CEO Simon Hu were summoned and interviewed by regulators in China.
The Shanghai Stock Exchange said Ant Group reported “significant issues,” which means it may not meet the conditions for listing or “information disclosure requirements.”
https://www.cnbc.com/2020/11/03/ant-group-i...-suspended.html


AVFAN
post Nov 4 2020, 11:21 PM

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China Is Planning a Bigger Ant Crackdown With Bank Funding Curbs

NOVEMBER 04, 2020

The shock suspension of Ant Group Co.’s $35 billion initial public offering is just the beginning of a renewed campaign by China to rein in the fintech empire controlled by Jack Ma.

Authorities are now setting their sights on Ant’s biggest source of revenue: its credit platforms that funnel loans from banks and other financial institutions to millions of consumers across China, according to people familiar with the matter.

The China Banking and Insurance Regulatory Commission plans to discourage lenders from using Ant’s platforms and has already asked some to ensure their portfolios are compliant with stringent draft regulations announced on Monday, said the people, who asked not to be identified discussing private information.

The proposed measures, which call for platform operators to provide at least 30% of the funding for loans, would render many of Ant’s existing transactions non-compliant. The company currently keeps about 2% of loans on its own balance sheet, with the rest funded by third parties or packaged as securities and sold on.

The full scope of China’s plans for Ant are unclear, and it’s possible that lenders will continue to work with the company once it complies with regulators’ requests. Any suggestion that banks would stop using its platforms is “unsubstantiated,” Ant said in a response to questions from Bloomberg. “Ant will continue to support bank partners to make independent credit decisions and leverage Ant’s technology platforms to serve consumers and small businesses.”

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

AVFAN
post Nov 5 2020, 01:59 PM

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US elections.... Nasdaq big gains.

HSTech ETF 03033 also gained today 8.135 or +5%.
AVFAN
post Nov 5 2020, 06:10 PM

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QUOTE(Cubalagi @ Nov 5 2020, 04:03 PM)
One thing I learned so far about China tech is: don't panic, just hold.
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i'm gonna hold my 03033 until i run out of cash to buy food. biggrin.gif
AVFAN
post Nov 5 2020, 10:22 PM

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QUOTE(cw81 @ Nov 5 2020, 08:09 PM)
a lot of tech stocks break 52w Hi today like 09618 JD.com, 03033 almost

maybe ppl have been using the allocated money for ANT to buy other hong kong stocks laugh.gif
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yes, that's likely.

QUOTE(foofoosasa @ Nov 5 2020, 09:15 PM)
All my big tech portfolio increase a lot yesterday in nasdaq and hang seng. Seems like stock market prefer Biden win more than trump. Hmm...
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more like market likes a democrat president + republican senate...?
https://www.cnbc.com/2020/11/04/jim-cramer-...wth-stocks.html
AVFAN
post Nov 9 2020, 11:50 AM

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biden win, tech stocks up.

hstech 03033 8.49, +4.6%, nice!
AVFAN
post Nov 26 2020, 06:39 PM

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QUOTE(Hansel @ Nov 26 2020, 02:28 PM)
Bros,... another Tech ETF launched in SG :_

https://secure.fundsupermart.com/fsm/articl...gest-hkex-tech-
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looks good too... very much like HSTech ETF 03033.

which closed HKD8.02 today... about SGD1.38.
AVFAN
post Nov 27 2020, 08:27 AM

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QUOTE(abcn1n @ Nov 27 2020, 01:28 AM)
Same as 3067 IsharesHSTech
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there are already several.
http://www.aastocks.com/en/stocks/etf/sear...0&o=1&u=HSTI001

yeah, pretty similar in terms of components, diff in capitalization, popularity... from diff issuers.


AVFAN
post Nov 27 2020, 01:56 PM

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QUOTE(Hansel @ Nov 27 2020, 11:47 AM)
Morning bros,... Afraid I'm not into ETFs. I just use ETFs to gauge mkt depths and to predict mkt movements. Emm,... ETF Returns are too low for me, bros,.. same like bond returns too. If I needed perfect safety,.. I'll go for SSBs and FDs.

But today,... FDs are too low too, and new issues of the SSBs have pitiful interest rates. So,... well,... it's REITs and dividend stocks for my income investments.
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quite true... ETFs are slow.

but is useful if u do not want to buy too many of the individuals.

this china tech etf's are interesting in that it has all the big tech in there - alibaba, tencent, xioami, meituan, jd.com, etc.

i bought 03033 at 7.70 3 months ago... today 8.0.8.... just +4.9% before other costs... looks just ok. biggrin.gif
AVFAN
post Dec 8 2020, 01:42 PM

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QUOTE
JD Health shares surge 34% on their market debut in Hong Kong
https://www.cnbc.com/2020/12/08/jd-health-h...e-on-debut.html


anyone bought?!


HStech etfs also benefitted as they all have JD.com inside.

03033 +1.8% today, 8.07, nice.

 

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