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

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markedestiny
post May 26 2020, 10:50 AM

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IMO, the worst has yet to come for HKEX given that protestors have started to go out to protest again...

Previously Carrie Lam caused the unrest with extradition bill but this time it is China itself who proposed the security bill.

My own investment HKEX experience, with the protests previously, my investment in HK was very volatile and hardly black until Q1 this year when I exited for some profit.

markedestiny
post May 26 2020, 11:25 AM

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QUOTE(moosset @ May 26 2020, 11:10 AM)
what stocks are you holding in HKSE by the way?
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None, I exited HK market completely for now.
markedestiny
post May 27 2020, 09:39 AM

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QUOTE(Hansel @ May 26 2020, 06:06 PM)
Frankly, bro,... if we continue to have great hopes for HK, we shld be averaging down nowadays, right ?
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Hansel, in the long run, yes I am still bullish about HK, or rather China to be more specific.

That said, I don't think it is a good idea to average down when it is difficult to read what's ahead.

An extradiction bill proposal has already caused so much economic turmoil in HK and now with the security bill proposal by China is going to be more than a slap on the wrist...

Even before the security bill was proposed, US has already threatening China on HK's special trade status with US with its new law to certify HK annually for autonomy. US It's anyone guess how US is going to decide if HK is 'sufficiently' autonomous from China's grip, taking hint from how US bans Huawei.

With combo of covid19 implications and renewed trade tensions, I would not be in a hurry to go in anytime soon unless there is huge opportunity from benefit/risk perspective, if any.




markedestiny
post May 28 2020, 04:28 PM

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China approves Security Law!

https://www.bloomberg.com/news/articles/202...n-defying-trump

markedestiny
post May 29 2020, 02:56 PM

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China seems to have think through their action and impacts when they approves the Security Bill and they are prepared for US's response whether weak(talk no action) or strong (walk the talk)...

For those who have investment in US as this will affect its market, interesting article below:


“The profit-seeking nature of capital determines that China is still one of the most sought-after markets,” he said. “Whoever loses the Chinese market will lose the future.”

https://www.washingtonpost.com/world/asia_p...0385_story.html

markedestiny
post Jul 7 2020, 09:51 AM

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QUOTE(Cubalagi @ Jul 7 2020, 12:09 AM)
Also HKMA pumps HKD1.744B into the market...
markedestiny
post Jul 14 2020, 02:21 PM

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Trump advisers rule out undermining Hong Kong's dollar peg

https://www.reuters.com/article/us-usa-hong...s-idUSKCN24E2W4


markedestiny
post Jul 15 2020, 03:55 PM

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QUOTE(Cubalagi @ Jul 15 2020, 12:05 PM)
As I said, if US try to unpeg the HKD, it will be the beginning of the end of USD unofficial status as world reserve currency. (but actually this may not be a bad thing to the world in the longer run).
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It's because US has much more to lose if unpegging takes place at this junction of time. DT better listened to his advisors not to proceed for now.

IF, in future given all the stars whatnots aligned to their favor, we may see US revisit this issue again.

In the meantime, I have re-entered HKEX again since last week.. biggrin.gif
markedestiny
post Aug 3 2020, 05:51 PM

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HSBC's profits slump 65% amid coronavirus downturn

https://finance.yahoo.com/news/hsbcs-profit...-043745547.html
markedestiny
post Aug 11 2020, 04:21 PM

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QUOTE(TOS @ Aug 7 2020, 05:28 PM)
Top-up my Chindia fund today. Anyone top-up Tencent and the likes?
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IMO you'll get more mileage with your investment if you purchase Tencent after the end of the deadline (45days from directive issued); just in case the situation gets worst...
markedestiny
post Sep 2 2020, 01:59 PM

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QUOTE(Hansel @ Sep 2 2020, 01:15 PM)
As per last briefing,.. said the timetable will be announced in beginning of October.

In the meantime, we go after AAPL and TSLA and Tik-Tok events first, bros,..
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Have you changed the way u invest? No longer sticking to dividend stocks? biggrin.gif
markedestiny
post Sep 3 2020, 03:36 PM

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QUOTE(Hansel @ Sep 3 2020, 02:59 PM)
How are you, bros ??

Yeah,... I'm pusghing my hands into tech now,... more into Nasdaq, but keeping a silent awareness in my mind on the dotcom bubble that happened back in the 2000s. My dividend plays are still ongoing, sustainig on their own today, I have not sold them, but am not adding anymore. If I add into them today, I would be averaging up and the effect o this would be lowering my ROI (yield). So,... I've decided not to add anymore.

Good for you to experiment new things  nod.gif 

I've been pretty flexible when it comes to investing since last Dec; going from value to growth stocks and exploring different investment assets which I would have not touched earlier. 


I'm up 60% to 70% plus on the divdiend stocks that I bought many years ago.

It's mentally draining at times, dipping into a new game.... but well, it's something new and hence, the excitement,....  biggrin.gif

I made money on the recent stock splits of AAPL and TSLA. Guessed I was LUCKY,... no skills here,... I bought into both ctrs just before they announced stock splits.

I engaged the skills I picked-up from the recent Vicom stock split,... and rode up high before disposing on last Friday beingthe last day of trading pre=split for both ctrs.

Are you awared that the US market is in the midst of a melt-up and the top could come off any time from now.., those who holding growth tech stocks should have notice their holdings drifting higher. 

Anyway I have a strong gut feeling you are disposing the two stocks just in time to lock your gains...


Emm,... I think with Chairman's Powell's sppeech last Thrsday night,... the REITs will benefit too with a prolonged low interest rate environment, not only the growth stocks.

IMO, I don't think REITs  would stand to benefit given the large volume of defaults and closures that are taking place in US especially, although the interest rate is keep low. 

It's not in my priority list anymore (but I will revisit again when the market gets better) and I have actually sold off my SGREITs with small losses few months back.  Data center REITs would be a much better bet if you are still looking into REITs


Not good, though, for investment grade bonds and term deposits.
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This post has been edited by markedestiny: Sep 3 2020, 03:37 PM

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