$SUPER MICRO COMPUTER INC(SMCI)$ agree. Theres a reason why previous auditor gave up million dollar contract to quit being their auditor, says alot. Overall, still requires approval. Definite volatile..
Super Micro Stock Extends Gains, up 47% in Overnight Trading as It Files Plan With Nasdaq to Stay Listed
$Tesla Motors(TSLA)$ Honestly speaking, the current price is just way over valued and any market pullback, Tesla would be the first few to go. Just pure momentum play.
$MEITUAN-W(03690)$ breached resistance pt and struggling around 179 180. Nt to forget the lowest low was 168 during this period. Pretty certain ths time is different.
$Sea Ltd(SE)$ amount of competition in Asia is intense. Being a Southeast Asia powerhouse, eroding margins and pricing wars are huge concerns not to be belittled. Investors tend to paint a rosy picture of the company using its gaming platform for leverage, nonethelss wouldnt be too optimistic abt this.
$MEITUAN-W(03690)$ i think people just underestimate the profitability of meituan in the long run. Eroding margins and more surveiliance from CCP are ongoing risks in the long term which people are unaware of.
People are underestimating how much deficit China is and the underwhelming degree of stimulus. The basic unit constructing the economy are property, industrials etc but there hasnt been any concrete relays. It will definitely be a long journey....
Not really... few headwinds coming off. Increasing ecommerce biz and EU regulation uncertainty are haunting PDD. News of exceeding retail expectations could be a hoax.. whats new with China falsifying info just to boost market. Not a surprise..
Probably a short rallt afterwards. The fact that how people rushed in after news indicates how bullish people are with china and hk stocks. Theres still some value to it....