TyLim
2022-04-19

Is $Lion-OCBC Sec HSTECH S$(HST.SI)$ a buy now?

Over the past 1 to 2 years, HST or rather hang seng index has been trending down due to the economy and especially the crackdown on tech.

Is it a buy now given how much it has dropped? My guess is as good as yours. While it may not be safe to assume that the crackdown has already subsided given how efficient the govt is in introducing crackdown measures but it has already been quite some time. 

Stock is a tool to fight inflation and in the long run, it tends to trend upwards. Given China given the top market apart from US, would we be better putting our money on HST which may appreciate better than putting our savings in bank? Its worth considering :)

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.

Comments

  • cws012
    2022-04-19
    cws012
    Need to consider for the long term if china tech stocks are growing or otherwise versus the opportunity cost for holding it long term...
    • TyLim: 
      what are your views on this? :)
  • Power1
    2022-04-20
    Power1
    I jumpwd out at a great loss. Scared of this stock now
    • TyLim: 
      haha i decided to just leave it there but yea i can understand the fear surfacing around the stock.
    • Darrenneoyo: 
      still in a loss. 32%
    • Power1: 
      My original price bought was at 1.4…. So i under stand[Sad]
  • MM W
    2022-04-19
    MM W
    This ETF doesn’t seem to follow HST.. Take a look at the large outflow capital, better think twice before you bet on it.
    • MM W: 
      Not sure if u really dun understand or just play dumb.. Anyway, saw ur reply that u r holding it, so suppose my advice wont be helpful to u.. Just for those who havt entered yet: DYODD and think twice
    • TyLimReplyMM W: 
      i mean there r other hang seng index etf too so others might probably be alrdy invested in another etf. as for the large outflow, i guess many have exited from china related stocks lately
    • MM W: 
      If you are not really asking the question “is it a buy now” but holding it alrd, you may ignore my comments...
    • TyLim: 
      its ultimately a new etf so definitely capital flow cannot be compared to other etf but if you were to compare the historical graph for the recent period, it is indeed following closely :)
    • MM W: 
      It’s never about how young an ETF is, the capital flow is the overall inflow vs outflow, esp large orders.
  • SilentInvst1
    2022-04-19
    SilentInvst1
    I agree... need to watch out for short term negative sentiment
    • TyLim: 
      yeap cant deny this too. recent trend is more bearish than bullish but as the saying goes, buy when others are fearful :D
  • unitlancer
    2022-04-19
    unitlancer
    buying for the long term now!
  • MR_Wu
    2022-04-19
    MR_Wu
    Have you bought HST?
    • TyLim: 
      yeap i am invested in it for the long term
Leave a comment