With a +4% surge in both FTSE China and Hong Kong Futures, fueled by China’s recent commitment to ‘more proactive’ fiscal stimulus and ‘moderately’ looser monetary policy just over an hour ago, here are 14 stocks I’m watching closely:
$JD.com(JD)$ $JD-SW(09618)$ $XPeng Inc.(XPEV)$ $XPENG-W(09868)$ $FULL TRUCK ALLIANC SPON ADS EACH REP 20 ORD SHS CL A(YMM)$ $ZEEKR(ZK)$ $Qifu Technology(QFIN)$ $QFIN-S(03660)$ $Atour Lifestyle Holdings Limited(ATAT)$ $Weibo(WB)$ $WB-SW(09898)$ $FinVolution Group(FINV)$ $Hello Group Inc(MOMO)$ $Daqo New(DQ)$ $21vianet(VNET)$ $Huya Inc.(HUYA)$ $ATRenew(RERE)$ $Qudian Inc.(QD)$
The principle remains the same as $Kingsoft Cloud Holdings Ltd(KC)$ +200% trade (still holding) as below;
I like the HUYA 13% flag pole, capital structure, 10 vs 20-MA golden cross and sitting on 10-MA. the immediate MA resistance (50-MA) is 3 x ATR multiple away. there's some wriggle room for this trade to play
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