To The Moon

Looking at historical PEs, max is another 15-20% downside. Cos we are already in discounted territory, I'm nimbling

I believe there's a lot of short selling for China stocks due to a lot of negative news from China. Perhaps it's time for a short squeeze?? We saw a huge rally in the HK market last Friday as there's rumors that China will be reconsidering its zero Covid policy. There's unconfirmed social media posts speculating that a committee was being formed to assess scenarios on how to exit Covid Zero and it can help to give the China businesses a huge boost. I believe the rally will be limited due to short covering and it's likely to drop further as Fed continues to increase interest rates.  Enjoy the rally while it lasts! @CaptainTiger @TigerStars @MillionaireTiger  

How low will Hang Seng Index (HSI) fall to ? Where & When will Chinese stocks bottom? Before delving into the two topical questions, it would be very useful to examine its past 5 years movements. {Please refer to attached HSI chart}.  Without elaborating, plain to see that HSI currently is at its "bottom-est", despite its 0.72% blip-rise today 27 Oct. It could be seen from the graph that HSI "peaked" around Feb 2021.  All that changed by Mar 2022 with the start of Russia-Ukraine war that is still ongoing.  After trading sideways for a while, HSI started to free-fall. To attempt to explain HSI's fall, below are some plausible causes  : 1.  Zero infection enforcement.   Insistence on an impractical standards have caused many expats and HK citizens to le

Give me the rewards. I am going to bankrupt 

Hong Kong stocks surged today, with $HSI(HSI)$ once jumping nearly 8%. Internet, new energy, biomedical, food and beverage sectors all rose. Investors finally welcome the long-lost bullish trend in HK stock market. Does it mean that the bull market has returned? The answer is yes. If you buy hk stocks this time, the probability of positive returns is 100%!This statement was justified by Guosen Securities in a research report on November 2. The core argument of the research report is that the current dividend yield of Hong Kong stocks is as high as 6.3%, which is close to the lowest point of HSI in 2008 and the highest dividend yield of 6.6% in the history of HSI.In the past 40 ye

China’s exports and imports both unexpectedly fell for the first time in more than two years, with rising risks of a recession causing overseas consumers to buy less and domestic problems such as Covid Zero controls and a housing slump hitting demand at home. Exports in dollar terms fell 0.3% in October from a year earlier, the customs authority said Monday, well below the 4.5% gain projected by economists. Imports also fell, with the 0.7% decline the first drop since August 2020. That left a trade surplus of $85.15 billion. The weakness in exports adds to the domestic pressures on an economy which is already struggling due to the property market slump, persistent disruptions from Covid controls, and weak consumer spending. Resilient exports had been a major support to China’s recovery in

Wow. This is a tough one to answer. I guess it all boils down to government decision at the end of the day. They will cause Chinese markets to rally or crash depending on their policy decision making.  There is no problem with government. Government is the problem. Famous quote by ex us president Ronald Reagan 

Buy kweb with better PE for China index at 10 times  $KWEB(KWEB)$$Alibaba(BABA)$ What happen to KWEB? I am buying kweb to cover the China market for diversity and I feel PE and cash per share is very good for baba and ten cent .  Baba trades $70 with good PE of $5 and cash per share of $30 so is safe actually much safer than buy at $150 @SPOT_ON@TigerStars@Daily_Discussiondo feature me  The KWEB ETF has been battered significantly as investors left Chinese Internet stocks in a hurry since 2021. How

$NIO so let me get this straight. NIO is currently trading in Hong Kong at 94.75, so basically $12.1. Means we have a huge gap to fill at least. But considering $XPEV is trading in Hong Kong at 38.1 ($4.9) and $LI at 75.5 ($9.7) we see the pattern that the US market is far more forward looking(?) or aggressive. I conclude that NIO at the current levels is an absolute steal, especially if you're reminding yourself of the outlook for the 4th quarter and the expectation to be profitable in Q4 2023. Am I the only one seeing the huge insane potential right here?$NIO Inc.(NIO)$  $XPeng Inc.(XPEV)$  $Li Auto(LI)$  

I think it will get lower, interest rate is still rising ...

A matter of perseverance and it is truly a test of your holding power. I dont encourage holding for no reason. Some times it is better to just move on. After all, there are a lot of value buys on the street these days. Only jump in if one trust that this is a good risk reward return. Personally, I won't touch the property sector, however banks and techs seem cheap to ignore. Just remember, low can always go lower. Once covid control is loosen, market will cheer. And I expect this around Mar 2023. 

Buy during fear

?

Coincidentally, I talked about HSI and HST earlier in the morning too! Its quite obvious that the selldown is only targeted at the Hong Kong market, when ASX, Kospi and even Shanghai and Shenzhen composites are trading relatively well today.  To be honest, Sir Bahamut can't see the end of the tunnel for HSI. HSI has already reached 2008 level, representing more than a lost decade if you held HSI etf 14 years ago. The current bear market has lasted more than 2 years and counting.  Sentiments have turned very bearish as investors become increasingly doubtful that the new Chinese government will protect private enterprise's interest over national interest. Moreover, US-China decoupling fears have excabated after the new Chinese Standing C

$HSI(HSI)$what the next low we creating? Back to 2008? 

CHINA UNICOM(00762.HK)3.500+0.29%China United Network Communications(600050.SH)3.580-1.92%Tencent ADR(TCEHY.US)30.890+7.52%By Yifan Wang and Bingyan WangShares of China United Network Communications Ltd. soared as its regulatory go-ahead for a joint venture with Tencent Holdings Ltd. buoyed investor sentiment.The company, one of China's largest telecom carrier and parent of Hong Kong-listed China Unicom (Hong Kong) Ltd., rose by the daily limit of 10% to end at 3.75 yuaThe gains took place mostly in the final hour of trading, after state media Securities Times drew investors' attention to the latest approval of a joint-venture deal between units of China United Network and internet giant Tencent.The two companies received regulatory approval for a joint business in computation and server o

The heads of state of China and the United States held their first face-to-face meeting on Monday (November 14). U.S. President Biden emphasized twice at the press conference after the meeting that the outside world does not need to worry about a new cold war between China and the United States; Chinese President Xi Jinping during the meeting. Urge China and the U.S. to establish a tone of dialogue, not confrontation, and win-win rather than zero-sum engagement. US inflation is going down, China is relaxing Covid-19 control, US - China Bilateral relations easing, China stocks p/e value is in low area, all factors prepare a bull market for China stocks assets. $Lion-OCBC Sec HSTECH S$(HST.SI)$   $TRACK