Buy HK Stock now.

Buy a falling knife instead 🤦‍♀️ no one knows where the bottom is now

Will up after CNY

A lot of foreign fund outflow from China and HK Stock..

come recommend some mou?

could be just value trap. I own quite some china bluechips stocks listed in hk. Hold them for years waiting for a rebound that still not yet come.

could just be a value trap. Meaning, yes, fundamentally not too bad. BUT, stock price will never move up as we wish, because no one buying them and pushing price up. Watch Tencent and china big banks, their valuation continues to drop to historical low. Therefore,even if their profit improve, stock price still hanging there. Look at China big banks A/H share spread, from 2 years back's 70%-80% went down to today's 60%+. That's a spread increase of 25%. Meaning, even if china government use their investment banks to buy up shares, it will only happen in A shares, but not H shares.

Bluechips. But, as I said above comment, it could just be a value trap. Only two happenings can save the HK stocks. 1, China government finally helping HK market by using national investment assets to buy HK shares. 2, China/US relationship improves, so that global investors return to invest in China/HK.

At the moment, I don't see any of the two happening, at least not in short term. I only see situation getting worse.

China government won't buy HK shares because it wanted to see foreign investors (who invested in HK market) loss money. Therefore it only helps China share market when necessary.

yes, undervalued stocks can be languishing at low prices for long time. But since I put smaller amounts to HKEX, if die, then die lor. I plan to put for few years more, wait for global investor to come back & the stocks to grow their earnings over time.

But I do this also as experience, see whether the extreme bearishness can continue how long

Outflow 🤦‍♀️ means foreign funds are selling which will drop further

In fact after CNY will be worse because slow domestic spending coupled with foreign funds are closing and pulling out from China

Whether Trump or Biden policies will be against China because China now are the biggest buyer of Russia oil which will trigger further downturn on China and more tariffs war will come and hit China

https://www.caixinglobal.com/2024-01-23/chi...-102159272.html

https://www.reuters.com/world/china/china-p...nce-2024-01-22/

https://www.scmp.com/business/markets/artic...se-stock-market

China gov start selling trillion of US gov bond and start buy back its stock.

Time to go all in China. Jack Ma also back from retiring. Tired of playing golf

According to rumours, more bao léi is expected.

This post has been edited by icemanfx: Feb 18 2024, 03:20 PM

I don't think so. I think his returning is mainly to save his own ass, otherwise China government will literally kill him, empty him, put him into grave. Simply put, he has no choice but to follow the wish of his government to save his own and his family's life.

Selling stocks can be a crime when the China government said so whenever they want. Good news for HK and China stocks though
But since it's manipulation of policy instead of economic strength, I worry the market may take a long long time to stabilize or start to rebound if it ever could.

https://finance.yahoo.com/news/china-freeze...-213822207.html

This post has been edited by yok70: Feb 21 2024, 07:48 PM

China is like an attractive women that just past her prime.

Initially was arrogant and think they are hot stuff and everyone wants them.

Once past their 30s start to panic and become overly desperate seeing no more demand.

Anyway im still long hk tech, hope they finally get their act together.

This post has been edited by ChAOoz: Feb 21 2024, 08:12 PM

The last two week returns for Chinese stocks were driven by ETF buying by China's National Team, as they call it.

Lets pray this continues for the rest of the year. To boost consumer confidence. Support the population as they wait for the entire property and construction sector to find its footing.