🌟🌟🌟The latest news is that the Chinese authorities are weighing new stimulus to meet its growth target.  China is considering raising its budget deficit for 2023 with the issuance of at least 1 Trillion Yuan of additional sovereign debt for spending on infrastructure such as water conservancy projects.  This could raise this year's budget deficit to well above the 3% cap set in March. That's great news for Chinese ADRs.   $Alibaba(BABA)$  jumped to 2.7% today but is still down 5% year todate.  In September Daniel Zhang the head of Alibaba's Cloud unit stepped down just 2 months after he left his role as Group CEO and Chairman of Alibaba. The cloud business is a major part of a restructuring t

Each cup of "Sauce Fragrant Latte" contains 53 degrees of Maotai.Today's collaboration between $Kweichow Moutai Co.,Ltd.(600519)$ and $Luckin Coffee Inc.(LKNCY)$ is truly making waves! It's even dominating the top trending topics.Just like previous partnership between Heytea and FENDI (a brand under $LVMH-Moet Hennessy Louis Vuitton(LVMUY)$ ), this cross-brand collaboration has brought joy to both consumers and investors.From an investment perspective, this is undoubtedly a win-win partnership.1. Although Maotai's performance on the A-share market today isn't strong, it can significantly expand its influence among the younger demographic. Many Maotai consumer

$JD.com(JD)$ plunged over 8% yesterday, driven by institutional downgrades and target price cuts. Their main concern is the possibility of negative growth in core retail sales in Q3.Why negative growth in retail?1. Weakening overall domestic CPI and deteriorating economic conditions. JD's sales revenue is directly recorded, so price changes have a significant impact on revenue. Unlike $Alibaba(BABA)$ and $Pinduoduo Inc.(PDD)$, who record "service fees," such as commissions, as revenue, so their revenue is not sensitive to CPI.2. Weak growth in JD's retail advantages. The market share of 3C products is relatively saturated, and growth is limited. Sales of products li

A number of foreign giants are bullish on Chinese assets. Among them, JPMorgan Chase upgraded the expectation of earnings per share from the $NetEase(NTES)$ this year and next year, which was respectively 17%, 14%; it also upgraded target price in H shares from 185 HK dollars to 195 HK dollars. Besides, DBS bank in Singapore upgraded ratings of Sinopec Group $SINOPEC CORP(00386)$ (H-shares), $Tsingtao Brewery Company Limited(600600)$ (A-share) to "buy". UBS Global Wealth Management also said that ”as a number of positive initiatives introduced, Chinese stocks are still the most favored allocation

In a challenging macro environment, $lululemon athletica(LULU)$ , known as the "middle-class reaper," has achieved counter-trend growth, with net revenue and net profit both increasing in the second quarter, and revenue in the Chinese market soaring by 61%. On Thursday, Lululemon released its second-quarter financial reportRevenue of $2.2 billion and net profit of $341.6 million, both up 18% year-on-year, surpassing analysts' expectations. Diluted earnings per share were $2.68, higher than the expected $2.54 and an increase from $2.26 in the same period last year. Gross profit margin in the second quarter increased by 230 basis points to 58.8%, higher than the analyst's expected 58.5%. Overnight, Lululemon's stock price rose 1.2% to $381.26, with

Chinese President Xi Jinping meets with a U.S. congressional delegation led by Senate Majority Leader Chuck Schumer at the Great Hall of the People in Beijing on Oct. 9, 2023. Photo: Xinhua News AgencyIn a meeting Monday in Beijing, Chinese President Xi Jinping and a bipartisan U.S. Senate delegation called for easing tensions and stabilizing U.S.-China relations, state broadcaster CCTV reported. Chinese Foreign Minister Wang Yi said the recent series of dialogues and exchanges between the two sides have been widely welcomed by all sectors within the two countries and the international community, which fully demonstrates that it is the right move to promote the stabilization of China-U.S. relations, and conforms to the common interests of both countries and the world.The two sides should e

Chinese ADRs seem to have a wonderful week, with significant gain this week. The retrace started last night. To end the week, I think tonight these stocks will continue to retrace. I should have make the prediction earlier this week but too bad that I am over occupied. Anyway, I try to make some prediction earlier next round.  Many believe that the Chinese stocks are reaching their bottom and start to add their positions at current level, including some investment firms. However, in short term, at least for these 2-3 trading days, the retracement will continue and the technical might form a higher low before next rally. Therefore I am $Alibaba(BABA)$ $Pinduoduo Inc.(PDD