To The Moon

At the end of the Central Economic Work Conference, it was mentioned that it is necessary to vigorously develop the digital economy, improve the level of normalized supervision, and support platform companies in leading development, creating jobs, and showing their talents in international competition. Yi Lianhong, the newly appointed Secretary of the Zhejiang Provincial Party Committee, was in Hangzhou for research and visited Alibaba-SW.HK. $Alibaba(BABA)$ Alibaba’s stock price rose by half on the 19th, and it is now quoted at 88 yuan, up 2.6%. In addition, Meituan-W.HK $Meituan(03690)$ rose about 2%; Tencent Holdings.HK $TENCENT(00700)$ rose less than 1%.

As the domestic economic conference supports the development of digital technology, major technology stocks are still up, and other types of stocks are mainly down. The Hang Seng Index .HK$HSI(HSI)$  is currently about 19307.92 points, down 142.75 points, or 0.73%. The trend of Hong Kong stocks follows the trend of U.S. stocks on Friday night. The main reason is that the Fed’s interest rate hike has triggered market concerns about an economic recession, which has shaken investors’ confidence in investing in the stock market and caused stock market turmoil. Affected by the positive factors of the national policy, investors’ confidence in Zhonggai technology stocks is rising. However, I think it will take time to observe the trend of technology stocks in the long run. The stock price of Zhonggai technology stocks has always been very weak. The purchasing power of the strong north and south water will have the power to rise sharply if you buy the above three Chinese concept technology stocks.

In addition, I think the above three Chinese concept technology stocks need a substantial improvement in performance. If there is a profit, they can maintain a continuous upward trend. This is because professional investors need to observe good performance data to support their investment in this category. Technology stocks are confident that such stock prices will not be prone to large fluctuations. At the same time, retail investors will follow the direction of professional investors, mainly because they see the flow of funds into technology stocks. I think that the digital economy policy can be used to improve the performance of Zhonggai Technology stocks, which will help increase their income and steadily increase the development of stock prices in disguise, which will undoubtedly give a boost to Zhonggai Technology stocks.

I think that at present, we can only invest in Chinese technology stocks in the short term, and use the continuous optimization of epidemic prevention policies and the news of the digital economy of the Central Economic Conference to profit in the short and medium term, and avoid staying in the stock market for too long. Because the current market conditions are more susceptible to fluctuations, long-term investment in Chinese concept technology stocks may cause losses due to stock market fluctuations. It is necessary to reduce the existence of risks. The primary goal is to hold cash as much as possible, so that the stock price can fall due to fluctuations, buy at an appropriate low level, fish for the bottom in a disguised form, and immediately stop profit at a particularly suitable high level to avoid being higher than the greedy high Chasing, it is easy to backfire.

@Daily_Discussion @TigerStars @HKEX_Comments @MillionaireTiger