$PING AN(02318)$ The 8% dividend is damm enticing for long term investors. Sep and Oct usually see lows, but overseas investors may rotate into China given its attractive valuation the next couple of months. I am buying some longer dated calls first. What are your strategies?
$Beyond Meat, Inc.(BYND)$ Frankly, when even their raw ingredients suppliers stopped taking about plant-based, you should know where this fad is heading. Good luck to all that are still holding on to this 🫡
$Pinduoduo Inc.(PDD)$ The company will likely continue to grow regardless of whether we enter a recession or not. If we do enter a recession, it will likely stand tall as compared to its peers, since consumers are likely to hunt for cheaper daily neccessities, which is an area PDD shines. Key risk will be geo-political tensions that may cause some uncertainty in Temu app in the US. Top of watchlist for now.
To lose $6.05 per share when it is trading around $7.36 is just wow 😳 A result like this would have battered any other stock on any given day, yet they are soaring in pre-market....pretty much sums up crypto for you.