shiroyuki4ba
05-11
I closed 3 lot(s) $ALB.HK 20240927 50.00 PUT$  ,Taking profit before Tuesday earnings because not very sure if the earnings would be good. If the earnings are bad, sell again. If the earnings are good, then will be looking for new entry points.
Trading Order
SymbolSidePrice | FilledFilled time
ALB.HK PUT
HK20240927 50.00
Buy
Close
0.263Lot(s)2024-05-1009:34:47
BABA vs. PDD: Which Company is Your Pick?
Pinduoduo rises 5% after earnings beats. Revenue for Q1 2024 was 86.81 billion yuan, an increase of 131% year-over-year. It exceeds the market expectation of 75.6 billion yuan. Alibaba and Pinduoduo both has a relatively low P/E. But it's very hard to bet on Chinese stocks. Alibaba declines 3% as it is considering selling convertible bonds to raise $5 billion. ------------- If you want to buy China's e-commerce company, which is your pick?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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