MHh
2022-03-16

I certainly believe that these stocks have bottomed.

Systematically, the reasons for the drop these few weeks were the threat of delisting Chinese ADRs from the US market and inherently a potential trade war, COVID-19 cases surge in China, the Russia-Ukraine war, inflation risks and rate hikes, and the relentless regulatory risks in China that have been going on for the past year and still going on…

The huge rally today is in response to the Chinese government’s support for overseas listing and with some progress with the US regulatory bodies to formulate a cooperation plan. Decoupling of both markets is detrimental to both sides and the Chinese can’t afford taking a huge influx of these companies back into their market. This promises some form of backing away from a trade war. It also seems like the US is pressing less hard against the Chinese for their stand in the Russia-Ukraine war. Thus, there is some light for the tension reduction between both countries.

However, the other risks like COVID-19 cases which would threaten supply chain, regulatory scrutiny by the Chinese government, rate hikes through the year remain.

While I believe the bottom is over, the road back to former glory and greater glory will be a bumpy one. Within this group, they are heterogeneous and they face different degrees of toughness in their hike back up. 

@CaptainTiger

Have Chinese stocks already bottomed?
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Comments

  • DiAngel
    2022-03-16
    DiAngel
    😱 writing thesis today. Yesterday was synopsis. I have nothing to write as i dont buy China stocks. Afterwards, @SPOT_ON will jump into my chat n shouted “LOAD AHHH”. 🤕伤脑筋
  • ___ _
    2022-03-16
    ___ _
    eh why i give u like in there it doesn't show here [Doubt]
    • DiAngelReplyMHh
      @Venus_M the likes have to be at the main content and not our comments.
    • ___ _
      the most likes is suppose to be in there or here [Doubt] [Doubt]
    • MHhReply___ _
      I think here? It ’s like a separate page. Doesnt get back to the original page
  • DiAngel
    2022-03-16
    DiAngel
    Your system a bit hayware. Cant do like at the main page. Must come inside to do it..
    Whereas @Venus_M , hers done at the main page
    • MHh
      I did at the main page. Click the link and i tried twice
  • MHh
    2022-03-16
    MHh
    @Wayneqq @Venus_M the rebound is crazily sharp. Can bargain hunt $Lion-OCBC Sec HSTECH S$(HST.SI)$ before it flies off
    • MHhReply___ _
      [ShakeHands]im straight too lol
    • MHhReply___ _
      [LOL] i just chill….
    • ___ _ReplyMHh
      [LOL] [Tongue]
    • MHhReply___ _
      You are so loved! Haha
    • ___ _ReplyMHh
      just kidding.  I'm STRAIGHT [LOL]
  • ___ _
    2022-03-16
    ___ _
    will the like in there reflects here [Doubt]
    • ___ _
      confused with this new system😅
    • MHhReply___ _
      Oh… not sure leh. This is new[Helpless]
  • pennylks
    2022-03-17
    pennylks
    agreed
    • MHh
      [Miser][Miser][Miser]
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