JD HK shares have been testing above 178 hkd a few times since Sep 2024.
The recent few price peaks since then were at 190, 180 and 176 hkd.
However, these few days have seen heavy retracement of jd HK shares to around 163 hkd. One part is the us china tension yet again, with potential tariffs impact from trump moves as well as recent market talk about rapid price gain by Chinese tech driven by deepseek.
All in all, I still believe that China and Hong Kong will enter a super bull cycle and that Chinese tech group as a whole will see further highs and potentially retesting all time high previously seen.
All will be volatile in terms of price movement so I will definitely watch my risks.
As always, this should not be construed as any investment or trading advice.
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