$BILIBILI-SW(09626)$ is under fire after Chinese Basketball Association (CBA) sued the streaming video services giant for the unauthorised online broadcast of its games. CBA has demanded 406 million yuan (US$60.12 million) in legal compensation, for its specialised tabs, channels and rankings on its website to host CBA-related content, which is a “direct and deliberate infringement”, the Beijing court’s filing said, with 281 full videos and 416 highlight clips of the CBA Games during the 2019 and 2020 season, as Bilibili’s rights for streaming the CBA’s ended 2018-2019. The copyright infringement case against Bilibili is currently being processed by the Beijing Intellectual Property Court. Bilibili, which is listed
Hi guys! anyone considering going long for $KEPPEL CORPORATION LIMITED(BN4.SI)$ ?[Grin] On the H4, with price bouncing off the ichimoku cloud and breaking out of the descending trend channel, we have a bullish bias that price will rise from the entry at 283.7500 at the overlap support. If price rises and breaks the intermediate resistance at 305.4490 at the multiple swing high in line with the 61.8% fibonacci retracement, we will have upside confirmation that price will rise to the take profit at 330.1410 at the horizontal swing high in line with the 38.2% fibonacci retracement. Alternatively, price may break the support structure at the entry and drop to the stop loss at the swing low at 254.5686.let me know what
Hi guys![Cool] Anyone thinking of goin long for $JD-SW(09618)$ ?On the H4, with price moving within the ascending trend channel andMACDshowing abullishmomentum. we have abullishbias that price will rise from the entry at 248.2 to the take profit at 265.8 at the swing high in line with the 78.6% fibonacci retracement. Alternatively, price may drop from the entry to the stop loss at 234.0 at the multiple swing low in line with the 50%fibonacci retracement.Entry: 248.2[Smile] Take Profit: 265.8[Miser] Stop Loss: 234.0[Anger] Let me know what you guys think![Shy] If you wish to leverage on this, consider using DLCs:$JD 5xShortSG230620(DGNW.SI
Hi guys!Anyone thinking of shorting $S&P 500(.SPX)$ ?On the daily timeframe, with prices moving in a descending trend channel, we have a bearish bias that price will continue to drop form the entry at 3904.920 at the overlap resistance in line with the 50% fibonacci retracement to the take profit at 3646.730 at the swing low in line with the 61.8% fibonacci projection.Alternatively, price may break through the resistance and rise to the stop loss at 4086.796 at the pullback resistance.Take profit: 3646.730 [Sly] Stop loss: 4086.796[Spurting] Entry: 3904.920[Victory] Let me know what you think!If you wish to leverage on this, consider using DLCs:$
Hi guys! Anyone thinking of shorting $TENCENT(00700)$ ?Here's my technical take on tencent, let me know what you guys think! [Grin] On the H4, with price moving in a descending trendline and below the ichimoku cloud, we have a bearish bias that price will continue to drop from the sell entry at 353.6 in line with the pullback resistance, 100% fibonacci projection and 127.2% fibonacci extension to the take profit at 297.2 at the swing low in line with the 78.6% fibonacci projection. Alternatively, price may revers off the sell entry and rise to the stop loss at 388.0 at the pullback resistance in line with the 100% fibonacci projection. Take profit: 297.2[Miser] Entry: 353.6[Great] Stop loss:
The strict COVID-19 regulations in China have led to the fall of many Chinese stocks. $HSTECH(HSTECH)$ fell for a third day, facing its longest losing streak in 3 weeks after trading resumed after a holiday.The Hang Seng TECH Index represents the 30 largest technology companies listed in Hong Kong that have high business exposure to technology themes and pass the index's screening criteria. China’s stock rout deepened, as investors continued to flee from a growing number of risks:Talks between U.S. and Chinese officials last Monday did little to banish fears that China could get drawn into the web of western sanctions as a result of its continued support for Russia’s invasion of Ukraine, while authorities have now locked do
$VENTURE CORPORATION LIMITED(V03.SI)$ reported a 29% increase in net profit to $84million in Q1 of 2022 ended March. Singapore's Venture Corp Ltd provides contract manufacturing services to electronics companies worldwide, by trading and manufacturing electronics and computer-related products, developing and marketing colour imaging products for label printing. Despite their Shanghai operations coming to a stop in March due to the strict COVID-19 regulations in major parts of China, its impact on Venture Corp was minimal. Following the release of their 2022 Q1 financial report, analysts have a positive outlook on the tech organisation, as they reported stronger-than-expected financial results for its first qua
Yesterday’s announcement that Dutch technology investment company Prosus, and Naspers, which holds 28.78 per cent stake in $TENCENT(00700)$ , would gradually sell their shares, led to a fall of 2.5% to HK$374.60. The stock last traded down 1.3 per cent, the third biggest percentage decliner in the Hang Seng Tech Index. The decision comes after Prosus NV reported a 20% fall in annual core headline earnings and announced a major share repurchasing programme. To fund the programme Prosus will gradually sell down its massive 28.9 per cent stake in Chinese software giant Tencent, owner of WeChat, worth more than $100 billion at current prices.Despite the fall in shares, Tencent could still be a worth investment to look into.
According to the recent ‘5G Mobile Devices Radio Frequency Front Ends Market’ Report by A2Z Market Research, $AAC TECH(02018)$ AAC Technologies was amongst the top 11 companies that made the most revenue from the 5G market from 2015-2018. The report also stated that“The Global 5G Mobile Devices Radio Frequency Front Ends Market size was estimated at a reasonable million USD in 2021 and expected to reach a healthy million USD in 2022, and is projected to grow at a steady CAGR to get a prominent million USD by 2027.” In the most recent market update, AAC Technologies improved 1.84% during the Asia Market, with many other Hong Kong stocks improving as well due to the gradual reopening of Hong Kong and other Chinese ci
hi guys! anyone looking to go long for $BYD COMPANY(01211)$ ? With price moving above the ichimoku cloud on the H4, we have a bullish bias that price will rise from the buy entry at 280.2 in line with the 38.2% fibonacci retracement at the overlap support to the take profit at 323.6 at the swing high. Alternatively price may break the support structure to the entry and drop to the stop loss at 253.2 in line with the 61.8% fibonacci projection.Let me know what you guys think!Buy entry:280.2[Smile] Take profit:323.6[Miser] Stop loss: 253.2[Cry] if you wish to leverage on this, consider using DLCs: $BYD 5xLongSG230202(DLCW.SI)$