$Niu Technologies(NIU)$The good news is, despite challenging Q2 from lockdowns, NIUis still profitable! Compare that to the same share price in 2019, NIU has more products, stores and profitable! I had thought it would make a loss in Q2 due to lockdowns and high lithium prices. If you can be profitable in a bear market, it's nothing to be ashamed of. Most importantly, international sales grew 300%, And with sodium ion batteries next year, it should see high growth from a low base this year.
$Sea Ltd(SE)$ Lazada retrenched all it's chief marketing officers in it's markets? That's as good as punishing them for not gaining market share and forgoing to be number 1 in the region. Save the money on subsidies? Shopee should capitalise on this and roll out campaigns targeting localised products by local merchants and artisans.
$Canaan Inc.(CAN)$Not recommended to short as with current market cap of $500 plus million and $100 million share buyback, it can buy some 20% of its shares, so short squeeze can happen anytime. It appears there were so high orders in 2021 that there is backlog to complete all the way to 2022, if so,unless there are cancellations, revenue will be stable. Mining farms and companies that hold a lot of bitcoins on their books should have it worse, not cash rich ASIC manufacturers
$Tiger Brokers(TIGR)$$Futu Holdings Limited(FUTU)$https://investinchina.chinadaily.com.cn/s/202107/29/WS61027ed2498e6a12c1203bcc/chinas-internet-industry-scaling-new-highs.htmlChina daily reported this today and talks about boosting economy in 2nd half of the year
$Sea Ltd(SE)$ SE is facing competition from Tik Tok shop but I believe in 2-3 years, SE will prevail, reason being what is observed from China. SE has both product search ecommerce and livestream ecommerce and is not dependent on only one type. From recent reports from China, livestream ecommerce can generate a lot of sales but the return rate can be 60% due to impulsive buying. Now if the infrastructure isn't there, who will bear the cost of returns? This means the cost per transaction is high, if you include returns. Then for livestreamers, they take commissions, so who pay for commissions? It will be shared by buyers and sellers, so the cost or price of products will need to be higher or seller
$Futu Holdings Limited(FUTU)$$Tiger Brokers(TIGR)$US seems to be borrowing the strategies from China. Crackdown on dissenters until they yield to you. I am sure the management of Chinese ADRs are under tremendous pressure now seeing their stock options and personal wealth erode and putting pressure on Chinese officials to yield. Hope after losing their personal wealth, they can still focus on their job. China should rethink its policies. The last twenty years of economic growth was because of closer ties with the West. Stop hurting global Investors and own interests.
$Sea Ltd(SE)$ This stock is a play on the economic development of ASEAN countries and whether unlisted new entrants like Tik Tok shop have enough cash to burn to wrestle market share. Generally I think SE, as a Singaporean company , has a higher chance of winning in ASEAN and Taiwan against Tik Tok, which is Chinese owned
$Futu Holdings Limited(FUTU)$$Tiger Brokers(TIGR)$with prices so low, it is not in Chinese best interests. The companies that are operating income unprofitable will not be able to raise enough cash for growth easily and may even be subjected to takeover bids. If the book value is less than 1, a takeover will mean buying assets which belong to Chinese at low price.
$Futu Holdings Limited(FUTU)$$Tiger Brokers(TIGR)$Futu has $500 share buyback programme, probably doing so now.anyway, what is the worst situation? Delist and trade at OTC. No need to report earnings quarterly. Hey, Meituan, Luckin, Tencent are trading OTC for very long time!List in HK. Since Tiger and Futu are profitable brokers,I trust they can do conversion when the time comesCompared to the ipo price, companies are profitable and grown so much since. To reward shareholders, can consider give a dividendnext year, after all, no fraud company can give dividends, where to find the money if not profitable?
If people can buy bitcoin, people can buy shares of a Cayman Island company as long as Alibaba recognises them. That's all that matters. If Alibaba doesn't, why waste billions doing share buybacks? Also, capital chases opportunity, doesn't matter which market. If institution investors sell, there will be buyers if the price is right. As US price is tied to HK price, if price falls, mainland Chinese will buy using HK connect. Also questionable is whether institution investors have to sell at a loss or they rather hold the stock in OTC market if Alibaba growth rate is still decent
$Lufax(LU)$This company gives dividends, so definitely not a fraud otherwise where to find the money to give dividends? I trust either the audit will take place or it will list in HK. It is cash flow positive and profitable. Even if delist, can still trade on OTC, just that no need to report earnings quarterly. Either way, the worst situation is still better than thecurrent price so it's irrational
$MEITUAN-W(03690)$i think after this lockdowns, meituan gained new users for its food delivery and grocery shopping and some will stick around after the lockdowns. Particular new users among the young who do not cook themselves and the old who need groceries. What do you think?
$Tiger Brokers(TIGR)$$Futu Holdings Limited(FUTU)$CSRC said working with SEC and not to politicise the matter. This matter can solve by allowing audit of audit working papers, what is so secretive? audit papers have no technology secrets or future strategies information. since the financial records are published, why cannot be audited? it's the Global times that is politicising the matter, in interviews with SEC, it just want to have fairness and high quality of companies listed to protect global Investors.SEC is doing its job and CSRC respects that. Don't believe Global Times and all that noise from media targeting Chinese. The main focus is Chinese companies because of bad reputation from Luc
$Tiger Brokers(TIGR)$Can someone explainwhy the price plunged 40% if Chinese companies cannot list in US? If they list in China or HK,you can also buy using Tiger right? I bought lots of Chinese tech stocks listed on the HK market. Majority of revenue from commissions so I do not understand why commissions will be so greatly impacted especially if tiger expands globally? Also, you can use tiger to buy any stocks on US market, so just buy more HKand USstocks in your portfolio ?
$Futu Holdings Limited(FUTU)$$Tiger Brokers(TIGR)$$Niu Technologies(NIU)$If China is concwrned about cross border data transfer, one way to save face is to fly the PCAOB to China to audit the working papers in China, with CSRC as facilitator. Problem then solved. No cross border data transfer