HSTECH craters 3%+ as short selling picks up in a low-volume market

BrianTycangco鄭彥渊
04-17

Hate to be the bearer of bad news. Hang Seng Tech Index $HSTECH(HSTECH)$ craters 3%+ as short selling picks up in a low-volume market.

The consistent lack of follow-through in policy and implementation to stimulate CN economy in the face of deflationary pressures = no strong buying support.

$TENCENT(00700)$ $Alibaba(09988)$ $MEITUAN-W(03690)$ $NTES-S(09999)$ $XIAOMI-W(01810)$ $JD-SW(09618)$ $BIDU-SW(09888)$ $TRIP.COM-S(09961)$ $LI AUTO-W(02015)$ $KUAISHOU-W(01024)$

ImageImage

https://twitter.com/BrianTycangco/status/1780132981719580908

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（2）

  • Top
  • Latest
  • BernardLL
    ·04-17
    As long as FED keeps rates high, theres will be very little buying in
    Reply
    Report
  • snixee
    ·04-17
    But no worries, these things happen in the market, right?
    Reply
    Report