19 May 2024: Copper price is strong. What about its impact on equities market?
Copper price has always doubled over a 5-year period. I am no expert in commodities, be it hard or soft commodities. However, if we are to use the 2019 price point to assess the doubling of copper price, it may not be a fair point. Reason is that the price date back then was 2019 and nearing that of the major burst up of COVID cases globally. Now price momentum wise, copper seems all too good to have a further burst up since breaking above 5 USD per pound. Will it last? I truly cannot make such a call in terms of price momentum as futures price bet requires a shrewd understanding of timing and space of the price plus ongoing narratives and supply and demand dynamics. All these datapoints are not easy to be gathered and I certainly do not have an edge. If I am to say copper p
18 May 2024: Lei Jun, co-founder of Xiaomi who was live streaming this morning
Lei Jun, cofounder of Xiaomi, who is humble, smart and hardworking. This may explain why he is hugely popular in China and his unintentional remark of "ARE You OK?" become such a hot comment that many have used it in short videos in China and having claimed that Lei Jun should also be a singer. Besides this off the tangent point above, China market is a highly competitive market but Xiaomi's ecosystem has definitely proven its prowess and has delivered superb products like Xiaomi smartphones, Xiaomi SU7 (electric vehicles), air purifiers, aircon, air purifiers, TV, cyberdog, etc. Lei Jun at the request of many consumers in China, ran another livestream video in China this morning. His fans have given him tonnes of gifts that are in cash despite him
xiaomi is the best company on earth $XIAOMI-W(01810)$ definitely my top selection for investment over the long term. have invested in Xiaomi for over three years and have been building my position. already in good profit but will sit tight on the ride
$Huya Inc.(HUYA)$ @TigerBrokers the overnight price should not be used as a way to judge pricing for the stock in portfolio value calculation..it's so illiquid and low volume during overnight that it doesn't make sense@巫天华