To The Moon

I find it remarkable that the Shanghai Composite Index has hit a nearly 10-year high. One would expect widespread excitement and shouts of "the bull market is back," but instead, many chat groups are debating whether it is time to cash out now that a new high has been reached. I understand the concern that the bull run might be ending, yet this cautious sentiment intrigues me.

I observe that despite the new high, the WeChat Index search trend for "bull market" sentiment is only just starting compared to last year's September 24 levels. This suggests to me that the market might not be as overheated as some fear. I take this as a sign that the current pullback could be temporary, setting the stage for the next rally ahead.

Personally, I believe Chinese stocks remain undervalued, especially considering the bear market they have endured in recent years. This long-term undervaluation makes me optimistic about the potential for growth. I see this as an opportunity rather than a reason to sell.

I am holding onto my Chinese-themed stocks, such as TME $Tencent Music(TME)$   and Xiaomi $XIAOMI-W(01810)$  . These investments reflect my confidence in the market's future, despite the current low sentiment. I am prepared to weather any short-term fluctuations, viewing them as part of a larger upward trend.

I do hold Chinese assets, and with this long-term undervaluation in mind, I consider now the right time to buy into China. The current market conditions seem to offer a strategic entry point, and I am eager to strengthen my position. This aligns with my belief in the resilience of these stocks.

The discussion about cashing out or doubling down is interesting, but I lean toward doubling down. The temporary pullback does not deter me; instead, it reinforces my strategy to hold and possibly add to my holdings. I anticipate that the market will rebound strongly.

I am excited about the potential rally ahead and feel well-positioned with my current portfolio. The combination of undervalued stocks and a recovering market sentiment gives me confidence. I look forward to seeing how these investments perform in the coming months.

Overall, I am committed to my approach of holding TME and Xiaomi, trusting that the current market dynamics will lead to a profitable outcome. The temporary pullback is just a pause, and I am ready for the next upward movement in Chinese stocks.

As a retail investor, I focus mainly on the US and Singapore markets, combining a mix of technical trading and long-term investing strategies. I enjoy analyzing charts, spotting patterns, and making calculated moves based on both market sentiment and fundamentals. While I'm not a professional, I treat my portfolio seriously and continue to learn and grow with each trade. If you're also navigating the markets and enjoy discussing stocks, options, or market trends, feel free to follow me. Let's learn and grow together as a community.

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