Bonta
2022-12-31

$Hong Kong Exchanges and Clearing(00388)$ is my last trade for 2022

Sold puts At $310 to do some fishing.

Between us and China markets, I do believe that China markets are clearer.

The biggest question about China is always about when will they stop covid-zero policy. 

Once they open up, there's no turning back. There will be ups and downs and likely will have many people fall ill and people will die, but guess it can't be helped. It already happened to all the other countries, eventually it will still go back to China. 

I do believe that the recovery won't be immediate and will not be smooth, but I will rathera slower uptick, then to play bungee jump with us markets. hence, I am opening more and more position in Hong Kong markets to reduce the risk in us markets.

Why $Hong Kong Exchanges and Clearing(00388)$ I do believe with opening up of China, the ipos and foreign investment will flow back in. Since there's limited access to China markets, funds have to go through Hong Kong markets. Guess who's the beneficiary? [Cool] [Cool] [Cool] 

HK exchange also have incredible moats and gives dividends too! What's not to like about it. [Happy] [Happy] [Happy] 

Wishing everyone a happy new year!

Share Your Last Trade in 2022!
The $NASDAQ(.IXIC)$ was up 2.6% as of Thursday's close, recovering from the sell-off for the month. As of Wednesday's close, the index was heading into its worst December since the index was created in 1971. ----- [TOPIC] What's your last trade in 2022? How do you conclude your 2022 investing journey? ---- [REWARD] Every post above 50 characters will get at least 50 tiger coins~
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