Mind elaborate more?

The key things here is market structure. Tencent is monopolistic-like in their pricing, and they have huge market power (like Alibaba, they build products branching out of their "ecosystem" exactly why Grab start off with less-profitable car-hailing then venture into fintech and other high margin stuff), only competitors with the scale as large as Alibaba can challenge it.

If the PRC government insists to break up the monopoly/duopoly/oligopoly, the resulting company will still lose its market power, not unlike what happened to Rockefeller and AT&T. These days, governments give too much leniency to tech firms, added with their low-cost business model, making them rising very fast and gaining huge market share. It's only time when break-ups will happen. (Of course also depends on political lobbying). 

Don't be too naive to think quarterly result looks good. In fact the more profitable the company, this will arouse more suspicion from the top-level government officials. (Remember what happened to game addiction due to the frenzy over Honor of Kings?) You never know what will happen tomorrow, more so in communist China. It's certainly not the CCP's wish to see extreme inequality in the society.

Profits don't simple arise in economics. If producing something is profitable, someone else would enter into the business and cut the margin. This is not happening in oligopolistic and monopolistic market, which is I believe what the CCP is looking at.

I certainly agree with the sit-still and top-up when drop strategy, works well for long-term investors in their early phase of their financial goal.

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.

USD/HKD expect to depreciate further. Have HKD currency and its bleeding for months already. Don't think a black swan will occur anytime soon. Sigh!

Thanks. Someone said that there will be recession mid next year. Wonder what are your thoughts on this. For me, I think for stock market likely not to have or if there is, it will be short lived

other than Malaysia, HK/China, what other emerging market equities are you invested in?

Baba got hit again.

https://www.bloomberg.com/news/articles/202...oly-allegations

7-8% drop, 5-month-low now.

anyone getting BABA now? Should hit $235 in NYSE.

So, do you think CCP wanna kill Baba now?

Learning from the best mar ie the skill of u turning .

ChAOoz Cubalagi foofoosasa

Considering the potential US ban on Tencent and Alibaba, are you guys planning to buy more, sell or hold but not add more?

What's your plan if the ban is really happens?

https://www.freemalaysiatoday.com/category/...n-us-ban-fears/

cubalagi any views on PDD?

more to come dude...

my tech, bank and insurance going up a lot recently but sadly i dont have EV in my portfolio. sold too early especially 1211 BYD

One thing I learned so far about China tech is: don't panic, just hold.

Jack ma appear plus china flow inflow to hong kong.

hi sifus here,

im newbie trying to get my feet wet into chinese stocks.

i planned to buy alibaba stock.

1) what are the difference/ pros and cons between buying from NYSE( BABA) and buying from HKSE (9988) ?

2) what is the minimum unit? as i understand HKSE also is using "lots" like in bursa. 1 lot is how many units?

3) anything else i should aware?

thank you

Another bull today? hoho

look at the techs. crazy china buyer

Good to hear. Is the liquidity for the ETF ok? I read somewhere years back that ETFs in HK and Malaysia markets are not liquid. Not sure how are things now.