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$Hang Seng Tech Index - main 2312(HTImain)$ Very timely gaming curbs news sending the whole China financial market to another level low. They can destroy the economy they can also destroy investor. They vow pledge etc are all words. The economy just isn't going to take off. Selling to another 2020 low is easily. Target 2023 close: 2800
$HSTECH(HSTECH)$ Perfect close of -20% in 2023 bringing 3 years to -60%. majority of foreigners had exited and not entering and seeing US pumping. Deserved China. Pathetic. Disgrace. Failure. People suffer.
China, no longer the dream. Everyone lost money since 2020 with half capital gone. the trend is showing a crack by investing in them. Exiting seem the right approach and trusting that, without them in portfolio is well off. Those screaming US overvalued. Look over here. What cheap can be cheaper. Trading less than 5 PE? That is still expensive.
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$Hang Seng Tech Index - main 2312(HTImain)$ In next 10 days going to finish up 2023. Struggling economy and doesn't really have any plans to avoid the collapse. Him steering the reform? Destruction. It clamped its own private sector. Doomed
$Hang Seng Tech Index - main 2312(HTImain)$ The view at the bottom in the world probably is what China is valued at. Nothing is really pushing this and believed that stagnant is with China now. To those investors burned in this. Sorry. The money seem gone.
China got to learn to be this flexible.
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No much rooms for policies already. Exhausted majority of the tools but still FDI exiting. China should be in stagnant era now. US did well this time no doubt. Very unfortunate for those invested in China and burned hard. The mental stress had to be accepted
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$Hang Seng Tech Index - main 2312(HTImain)$ China dream is gone. Outflow is inevitable. Narrow losses if possible. Don't bet for it to be back to glory. They are beaten down by the western hard. 3600 is a joke.
$Hang Seng Tech Index - main 2312(HTImain)$ Deflation in China to impact Chinese companies profit and deems as value trap. Everyone is pressing the selling button. China this time will face 10 years and more hardship and thus, please exit and enter other friendly market.
$Hang Seng Tech Index - main 2312(HTImain)$ Super regret to rotate to Chinese stocks and losing about 80% of it. opportunity in US is never wrong. This recovery by China is for next generation. 3600. Speechless.
It also give clue to where the Chinese financial market be heading to. Well beaten up.
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$Hang Seng Tech Index - main 2312(HTImain)$ Charting wise verby ugly. Worse investment to be made on China. Clocked new low in 2023 and YTD -15% added from 2020, about -80%.
Burning in fire Chinese market. The best for them. Everyone is recovering but only them.
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$HSTECH(HSTECH)$ The failure of 2023 and since 2020. Everyone is being negative about it and thus it Have it's impact by going back time. The index is 3600 from 11000!!! And never going to recover
$LION OCBC HSTECH ETF S$(HST.SI)$ Hopeless already. Since 2020, how china had performed is utterly disappointing
$Hang Seng Tech Index - main 2312(HTImain)$ need adjust EOY from previous post. Hope stay at 4000 EOY. Pathetic market.
$Hang Seng Tech Index - main 2311(HTImain)$ hope EOY 5,500
$Hang Seng Tech Index - main 2309(HTImain)$ chinese stock return -15% whilst S&P500 is up YTD 2023 of 16.2%, you know what it mean! Exit while you can. Chinese market is burning in fire. Pile put and you win.
Never ending. It's economy isn't as good as what TGT mentioned. Blaming western news doesn't help when everyone has the eyes to see how the property crisis, unemployment, sino tension, stimulus in a tidy bite. Short lived rally, one step forward 10 steps back. Quickly other EM will take up the shares of factory like India Vietnam where it can cheap and bloom
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$Hang Seng Tech Index - main 2308(HTImain)$ been awhile since posted. We are heading down to sub 4000 next week. Exit while you can. Chinese stocks is fragile to US hike path. Coupled with CCP if fail to boost economy. GDP 5% end up 0.5%. You see this index dive.
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