To The Moon

I believe that the Hong Kong stock market has reached the bottom and there is no need to panic and sell stocks. Instead, investors can focus on their favorite stocks at this stage. As I think there will be strong support for the Hong Kong stock market when it reaches 20,000 points. Currently, the Hang Seng Index (HSI) is on the verge of reaching this level. What is my strategy? I currently hold stocks, mainly those I bought last year. However, I sold two-thirds of my remaining stocks earlier. Therefore, I have a lot of cash to absorb my favorite stocks. My remaining stocks are mainly Tencent and HKEX. My strategy is to continue to hold them and not to increase my position. I will use a small amount of buying put options as a hedge. Because I have already sold two-thirds of my holdings in t

The logic of the current round of rally in China is mainly based on the following aspects. Favorable policies: The top management of the country has repeatedly emphasized "supporting the standardized and healthy development of the platform economy and issuing green light investment cases", and at the level of Sino-US relations, the signing of the audit cooperation agreement between the PCAOB and the SFC has allowed both sides to continue to push forward the resolution of the problem of Chinese stocks. Long-term capital allocation may return. Control optimization: Since many Chinese companies appear to be Internet technology companies, but are essentially consumer companies, it is expected that control optimization will lead to a rebound in economic activity, which will help boost adverti

US companies have recently announced their financial results, and $AMD.US has just announced its third quarter results, so here are some highlights. Advanced Micro Devices, Inc. (AMD) is a global company that specializes in manufacturing semiconductor devices used in computer processing. The company also manufactures flash memory, graphics processors, motherboard chipsets, and a variety of components used in consumer electronics products. AMD is also the only company in the world with expertise in both high-performance computing and high-performance graphics technologies and in combining them into custom solutions. Latest Quarterly Results Highlights Revenue was $5,565 million, up 29 percent from $4,313 million in the prior year quarter, and GAAP net income was $66 million, down 93 pe

The S&P 500 is possibly reaching a pivoting point, where it could try to defeat the bears of 2022. A stronger than expected jobs report in nonfarm payrolls last Friday came in at +263,000 vs expected of 200,000, while unemployment at 3.7% vs expected 3.7%, with average hourly earnings (month-over-month) +0.6% vs +0.3% expected and average hourly earnings (year-over-year) +5.1% vs +4.6% expected. "A stronger-than-expected jobs report illustrates the wage problem that the Federal Reserve is facing," Independent Advisor Alliance Chief Investment Officer Chris Zaccarelli said in an emailed note. "Average hourly earnings continue to climb and that wage pressure, in conjunction with low unemployment, will keep inflationary pressures elevated." As the markets digested the jobs report, opening