Riding the Post-Golden Week Bull - Let's Go China.

RAJAH88
10-06

On Tuesday, the entire nation of China will be back to work. If you've been following Chinese social media, you'll have noticed a surge of interest in investing in the Chinese stock market over the past few days. Some mainlanders are even going as far as refinancing their homes to free up capital. The level of enthusiasm to jump back into the market after the Golden Week holiday is something we haven't seen before in the history of the Chinese stock market.

Some may argue that this is only a short-term effect, but the Chinese market has been depressed for so long, and many Chinese companies' valuations no longer make sense – they are relatively cheap. This bull run is bound to benefit some of the most well-run and long-undervalued Chinese companies. The question is, what are your top picks to ride this bull market? Personally, Im invested in Alibaba (Baba) ‌
$Alibaba(BABA)$  $BABA-W(09988)$  , and I believe that as the Chinese market rises, some of Alibaba investments will translate into record profits and reflect in their Q4 earnings. In previous quarters, earnings were depressed and understated due to losses in these investment values.Let's enjoy this moment.

Is anyone planning to buy tomorrow on the HK market before the masses rush in? Hopefully there is a dips and I will buy more ‌$TRACKER FUND(02800)$  ‌and ‌$BANK OF CHINA(03988)$  ‌ just to ride this wave.

Policy Falls Short? Is China Stocks Bull Market Over?
The 12th session of the Standing Committee of the 14th National People's Congress announced debt-reduction measure: raising the debt ceiling for local governments by 6 trillion yuan. It is lower than the rumored $10 trln stimulus policies. ------------------ Is the bull market over or not? How do you view the policies?
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Comments

  • gds
    10-07
    gds
    explosive events gonna happen. stay vested. dyodd
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