To The Moon

Billionaire Investors Trims Alibaba stakes.  $BABA-W(09988)$  (Bloomberg)  Tepper’s Appaloosa Management cut its Alibaba stake by 5% in the three months through September, according to a 13F filing released on Thursday. Alibaba, however, remains the hedge fund’s largest holding, accounting for 16% of its $6.7 billion equity portfolio. Tepper also trimmed exposure in the iShares China Large-Cap exchange-traded fund, the KraneShares CSI China Internet ETF and Baidu Inc. At the same time though, Tepper more than doubled its stake in PDD Holdings, and increased positions in JD.com Inc. and KE Holdings Inc., the filing showed. That stands in contrast to what Tepper said during a CNBC interview in September, whe

So, I was having lunch with my boss, and guess what happened? This middle-aged uncle, maybe in his 40s or 50s, sitting at the next table, started talking super loudly about China stocks with his friends! He said he invested in Alibaba and was all excited because the PE is super low. He also talked about how the Chinese government is doing all these things to boost the economy, like giving vouchers and subsidies for buying appliances and EVs. Oh, and he was raving about how the 11-11 festival made crazy profits for the e-commerce companies! But here’s the thing which he didn't consider  —those vouchers and subsidies are like a one-time thing. Once people buy their stuff, they won’t need it again for ages, so sales will probably drop later. And sure, 11-11 brings huge sales, but guess w

Is China's ¥6 Trillions Debt Relief Sufficient? ¥150 Trillion Says No Last Friday in China, a ¥10 trillion debt restructuring plan was approved, shedding light on the government’s approach to fiscal strategy. This decision was reached during the 12th session of the National People’s Congress Standing Committee, which wrapped up on November 8. In addition to this plan, several laws were passed, including the Preschool Education Law and amendments to the Cultural Relics Protection Law, Property Law, Energy Resources Law, and the Anti-Money Laundering Law. This article is written by Shernice, please hit the like button if you like my article. The most widely discussed aspect of the session was the raised debt limit for local governments aimed at addressing “hidden” debts. Three key measu

Earlier, China seemed to postpone the National People's Congress Standing Committee session until November 8, perhaps to wait on the U.S. election results before deciding how much debt to issue. President Xi likely wanted to see the outcome to determine the scale of debt issuance. But now that the Standing Committee has concluded and announced the fiscal debt issuance plan, the market was shocked by the lower-than-expected numbers. This article is written by Shernice, if you like my article please hit the like button.  This isn’t just my impression—the market reaction confirms it. As soon as the debt issuance plan was revealed, the A50 index dropped, and the RMB weakened. Clearly, the issuance fell below market expectations. So, what’s the thinking behind this conservative debt issuan

Who would you pick as a hubby:  Donald Trump or Xi Jinping? I’d go with Trump—at least he’d keep me laughing and my allowance flowing! Plus, he actually follows through on most of his promises, unlike Xi, who’s all talk about grand stimulus plans but rarely delivers the goods!

China stock market is now driven largely by the sentiments of the influx of newbie traders born in 00s from after their national day holidays. They may likely be swayed by what influencers say about the market. The large funds will likely use each policy news release as an opportunity to influence market prices so they can buy stocks at a lower price, so I think there will be turbulence in the short run before it goes back up.$PDD Holdings Inc(PDD)$  

What comes down will eventually go up! While some investors are concerned about the immediate impact of these measures, I see the current market dip as a strategic opportunity to employ DCA. By investing a fixed amount regularly, regardless of market conditions, DCA can mitigate the impact of market volatility and reduce the risk of making large investments at inopportune times. So if you have a long term outlook, you don't have to worry.

It might not be the case. Chinese stocks will bounce back strong towards the end of the year going towards Chinese new year in 2025 when spending will be higher and consumer confidence within China will be high.

The policy is strong but our trading instincts for more are stronger. Wait it will bounce ⭐

Monday HKG and Shanghai mkts will open big red traders all sell to bail out first and ask questions later

PDD holding can buy now?

This week, the Hong Kong stock market saw sharp swings, with the $HSI(HSI)$ rising 1.08% by the end of the week, following a series of significant events.Positive Economic Data from ChinaDomestically, there was some good news. On Tuesday, Caixin’s PMI for October came in at 52, the highest in three months, well above analysts’ expectations of 50.5. On Thursday, China’s customs data showed a 12.7% year-on-year increase in exports in October, far outpacing the expected 5% growth.Overseas Events and Market ReactionsOverseas, the US election result added to market volatility. Trump’s victory raised concerns about escalating trade tensions, causing a sharp drop in both Hong Kong and mainland stocks. However, the market rebounded on Thursday as expectati

Trump's re-election will undoubtedly inject new policy expectations into the market, and the strong performance of the dollar is likely to continue in the short term. However, the market's heightened sensitivity also warns us that any significant changes in economic fundamentals could instantly alter the dollar's course. Therefore, investors should closely monitor policy dynamics and macroeconomic indicators, adjusting their investment strategies in a timely manner to adapt to the evolving market environment.

China's decision to raise the local government debt limit by 6 trillion yuan, its largest recent debt-reduction measure, has left markets underwhelmed. Originally anticipated to be as high as 15 trillion yuan, the actual stimulus fell significantly short of analysts' and social media expectations. This article is written by Shernice, if you like my article please hit the like button.  Critics argue that the 6 trillion yuan injection barely covers a year's worth of interest payments on the vast, complex web of explicit and hidden local government debt, which exceeds 100 trillion yuan in total. This plan, in their view, offers no substantial debt reduction and does little to address underlying economic challenges. Some commentators suggest that if the government intends to expand the mo

$Tiger Brokers(TIGR)$ i dunno what is China doing, give one big one to F trump ma! 

Lfg to the moon tiger trade

$China A50 Index - main 2411(CNmain)$ $CSI300 Index ETF(XCHA.UK)$ China is reportedly considering a massive fiscal stimulus package of over 10 trillion yuan ($1.4 trillion) to boost its economy. This package could be approved at a meeting of China's top legislative body, the Standing Committee of the National People's Congress, which is scheduled for November 4-8, 2024. The stimulus package aims to address several economic challenges, including local government debt risks, the property sector crisis, and sluggish economic growth. Analysts believe that this stimulus could provide a significant boost to the economy, especially when Donald Trump wins the U.S. presidential election, which could lead to

$Tiger Brokers(TIGR)$ Hope all delisted[Grin]  

$Tiger Brokers(TIGR)$ 1st time fail, 2nd time fail, 3rd time fail...after multiple times will pass

$Tiger Brokers(TIGR)$ is the meeting like the previous ones?  Fop? 

This week, the Hong Kong stock market saw sharp swings, with the $HSI(HSI)$ rising 1.08% by the end of the week, following a series of significant events.Positive Economic Data from ChinaDomestically, there was some good news. On Tuesday, Caixin’s PMI for October came in at 52, the highest in three months, well above analysts’ expectations of 50.5. On Thursday, China’s customs data showed a 12.7% year-on-year increase in exports in October, far outpacing the expected 5% growth.Overseas Events and Market ReactionsOverseas, the US election result added to market volatility. Trump’s victory raised concerns about escalating trade tensions, causing a sharp drop in both Hong Kong and mainland stocks. However, the market rebounded on Thursday as expectati

While China's stock market valuations might appear attractive to investors, a closer examination of the underlying factors suggests that now may not be the ideal time to dive in. Several key considerations, including geopolitical tensions, economic uncertainties, and market dynamics, paint a complex picture that warrants caution. (1) Foreign Funds & Old Monies’ Absence. One of the most significant indicators of a market's health is the inflow of institutional investment, particularly from established US funds. Currently, this crucial source of capital remains noticeably absent from Chinese markets. Based on HK’s SCMP on 11 Jan 2024, China saw $34 billion equities outflow, a show of weakened confidence even as other emerging markets saw notable inflows. (see above) Based on UK’s Financi

Is China's ¥6 Trillions Debt Relief Sufficient? ¥150 Trillion Says No Last Friday in China, a ¥10 trillion debt restructuring plan was approved, shedding light on the government’s approach to fiscal strategy. This decision was reached during the 12th session of the National People’s Congress Standing Committee, which wrapped up on November 8. In addition to this plan, several laws were passed, including the Preschool Education Law and amendments to the Cultural Relics Protection Law, Property Law, Energy Resources Law, and the Anti-Money Laundering Law. This article is written by Shernice, please hit the like button if you like my article. The most widely discussed aspect of the session was the raised debt limit for local governments aimed at addressing “hidden” debts. Three key measu

This article is written by Shernice, if you like my article please hit the like button.  My recommendations are $SMIC(00981)$ $PING AN(02318)$ $BANK OF CHINA(03988)$ $GDS Holdings Ltd(GDS)$  $HSI(HSI)$  On Friday, the A-shares saw a strong rally, indicating that President Xi hasn’t given up on the Chinese market just yet. Although there were three previous press conferences aiming for expectation management, much like the U.S. approach, the

Earlier, China seemed to postpone the National People's Congress Standing Committee session until November 8, perhaps to wait on the U.S. election results before deciding how much debt to issue. President Xi likely wanted to see the outcome to determine the scale of debt issuance. But now that the Standing Committee has concluded and announced the fiscal debt issuance plan, the market was shocked by the lower-than-expected numbers. This article is written by Shernice, if you like my article please hit the like button.  This isn’t just my impression—the market reaction confirms it. As soon as the debt issuance plan was revealed, the A50 index dropped, and the RMB weakened. Clearly, the issuance fell below market expectations. So, what’s the thinking behind this conservative debt issuan

The ongoing meeting of China’s National People’s Congress Standing Committee could indeed be pivotal for the Chinese economy, especially in light of recent sluggish growth figures and underwhelming recovery from post-COVID challenges. There is substantial speculation that this meeting will introduce targeted fiscal stimulus to boost domestic consumption and support infrastructure projects, particularly in sectors like green technology and manufacturing, aligned with the state’s long-term vision for “high-quality development.” This policy could be impactful for China-focused stocks and ETFs, presenting promising trading opportunities. China’s economy has struggled with weak consumer demand, regional financial strain due to the real estate downturn, and rising debt. A potential stimulus anno

$China A50 Index - main 2411(CNmain)$ $CSI300 Index ETF(XCHA.UK)$ China is reportedly considering a massive fiscal stimulus package of over 10 trillion yuan ($1.4 trillion) to boost its economy. This package could be approved at a meeting of China's top legislative body, the Standing Committee of the National People's Congress, which is scheduled for November 4-8, 2024. The stimulus package aims to address several economic challenges, including local government debt risks, the property sector crisis, and sluggish economic growth. Analysts believe that this stimulus could provide a significant boost to the economy, especially when Donald Trump wins the U.S. presidential election, which could lead to

$HSI(HSI)$  $Direxion Daily FTSE China Bear 3X Shares(YANG)$  $PING AN(02318)$  $SSE Comp(000001.SH)$  China Faces Rising Risks as Future Credit Downgrade Threatens Currency and Capital Outflows Recently, Reuters reported similar rumors that many may remember: the Chinese government was supposedly planning a ¥2 trillion special bond issuance. Half of this was intended to stimulate consumer spending, while the other half was for supporting local governments with debt relief, including an 800-yuan monthly subsidy per child for families with two or more children. As it turned out, these claims were

$Yum China Holdings, Inc.(YUMC)$ $YUM CHINA(09987)$ Jumped over 9% after Q3 earnings report, which can't be separated from the excellent performance of KFC, Pizza Hut and other restaurants in China.Of course, the company's further enhancement of shareholder returns also gave investors increased confidence in their holdings.Financial Performance OverviewRevenue: Total revenue for the third quarter reached $3.07 billion, up 5.5% year-on-year and up 4% excluding the impact of foreign exchange fluctuations, beating market expectations of $3.05 billion.It was also the seventh consecutive quarter of positive growth.This quarter's record performance demonstrates its ability to maintain growth in a highly compet

Ping An Bank reports decling profits amid bad debts  while Huaxia Bank faces highest bad debt ratio in banking sector.  $Ping An Bank Co.,Ltd.(000001)$   $PING AN(02318)$ $China Construction Bank Corporation(601939)$  $Hua Xia Bank Co., Limited(600015)$  $Postal Savings Bank Of China Co.,Ltd.(601658)$   This article is written by Shernice, if you like my article please hit the like button In China’s economic landscape, the central bank is currently the only entity taking decisive action. Last Friday, the Peopl

As a result of a series of stronger-than-expected policies being introduced, investor confidence has been reignited, resulting in a significant increase in both Hong Kong and A-share market prices today. After a period of volatility and correction, analysts believe that the market is now entering a period of broad-based recovery. Why Invest in China Now?There are several key reasons that make China a compelling investment opportunity at this moment:1. Valuations Are Relatively LowOver the past few years, China’s stock market has been impacted by various factors, such as the COVID-19 pandemic, regulatory tightening, and geopolitical tensions. This has resulted in lower valuations for Chinese stocks, especially in comparison to other global markets. For long-term investors, these lower

I. Performance of Global Equity Indices (in US dollars) Data source: Bloomberg, 2024/09/30-2024/10/13, compiled by Tiger Brokers II. Key Market Themes i. China's mainland stimulus policies continue to increase, and Greater China assets have become more volatile. Is this a good time to increase positions? Recently, mainland China's economic stimulus policies have continued to intensify and accelerate. Since the policy direction was set by top leaders in late September, monetary policies such as interest rate cuts, reserve requirement ratio reductions, and lowering of mortgage rates on existing loans have been successively introduced. On October 12, Minister of Finance Lan Fo’an attended a press conference at the State Council Information Office, introducing measures related to “increas

As the U.S. presidential election approaches, traders are gradually starting to price in election risks, with indications showing that Kamala Harris, who had been gaining momentum, is now being overtaken by Donald Trump. The "Trump trade" is regaining its previous popularity, boosting risk assets.Advantages in Swing States and Policy ExpectationsTrump's rising support in swing states brings more uncertainty to the market. Voters still hold high expectations for his promises of tax cuts, energy independence, and increased infrastructure investment. Polls conducted from October 14 to 16 indicate that Trump’s advantage in key swing states is expanding, significantly increasing market expectations for his election and undoubtedly reigniting interest in the "Trump trade."Expectations of an Econ

This week, Hong Kong stocks experienced a significant downturn, with the $HSI(HSI)$ dropping by 6.53%, which has certainly dampened the spirits of restless investors.Hong Kong, A-shares DeclineOn the first day after the National Day holiday, the State Council Information Office held a press conference to discuss how to "systematically implement a package of incremental policies to solidly promote an upward economic structure and ensure continuous positive development." There was a lot of anticipation surrounding this meeting, as many hoped to hear detailed stimulus plans. However, it turned out to be merely an informational session, with no new policies announced. As a result, both Hong Kong and A-shares plummeted, marking the end of the recent bul

$China A50 Index - main 2411(CNmain)$ China investment overview China's investment landscape offers several opportunities and challenges for investors. Here's an overview: Opportunities: Economic Growth: China's economy has shown resilience, with GDP growth meeting targets and a commitment to multilateralism. Government Stimulus: Recent stimulus measures, including liquidity boosts and interest-rate easing, are designed to support economic growth. Market Diversification: China's financial markets have become increasingly attractive to global investors, offering expanded diversification options. Technological Advancements: China is a global leader in technology, particularly in sectors like AI, green energy, and digitalization. Belt and Road In

$HSI(HSI)$  $KE Holdings Inc.(BEKE)$  $SUNAC(01918)$  $Tiger Brokers(TIGR)$   China's latest housing measures, announced at the Housing Ministry's press conference today, have fallen short of economists' expectations, who were hoping for a stimulus package of up to 10 trillion yuan ($1.4 trillion) to boost the world's second-largest economy. Instead, the measures are incremental, offering some relief to developers' financial struggles, but probably not enough to fully stabilize the housing market China's Minister of Housing

$Alibaba(BABA)$  $PDD Holdings Inc(PDD)$  $JD.com(JD)$  $TENCENT(00700)$  This article is written by Shernice, if you like my article please hit the like button.  Today’s market performance raises some concerns. In China, the stock market opened high but saw its rally fizzle out, closing lower than its earlier gains. The Shanghai Composite closed 4.6% higher, and the blue-chip CSI300 index rose by 5.9%. Despite these notable gains, they were far below the more than 10% increases seen earlier in what turned out to be a rollercoaster day, with turnover reaching a record 3.45 trillion yuan. Meanwhile,

This week, after a strong rally, Hong Kong stocks saw a pullback, with the $HSI(HSI)$ falling 2.11% over the week.Recently, multiple ministries, including the Ministry of Finance and Ministry of Housing and Urban-Rural Development, held press conferences to introduce growth-stabilizing policies. However, market expectations were not fully met, leading to consecutive declines in Hong Kong stocks.On Friday, the Governor of the People's Bank of China announced at the 2024 Financial Street Forum that, depending on market liquidity, there could be an additional 0.25-0.5 percentage point cut in the reserve requirement ratio (RRR) before year-end. It’s also anticipated that the Loan Prime Rate (LPR), to be announced on the 21st, will decrease by 0.2-0.25

I am bullish on China's policies. The Chinese government has demonstrated a strong commitment to revitalizing its economy through various stimulus measures. The recent RRR cut, combined with potential further reductions, is a clear indication of the government's proactive stance in ensuring ample liquidity in the market. Additionally, the introduction of share buyback programs and swap facilities for institutional investors further underscores the government's efforts to boost market confidence and stimulate economic growth. The positive economic indicators, such as the rebound in industrial production and exports, coupled with the robust performance of key sectors, provide a solid foundation for a bullish outlook. While there are risks associated with market volatility and regulatory chan

China is rolling out a series of stimulus measures aimed at boosting confidence, paving the way for a sustained rally in the stock market. Trading volumes are hitting record highs, lifting the gloom that’s lingered for three years. The People’s Bank of China has introduced an unprecedented tool allowing banks to provide loans to companies for stock buybacks. This bull market began on September 24.Growing Demand for Long PositionsLars Naeckter, Head of Asia-Pacific Equity Derivatives Research at Bank of America, notes that demand for long positions has increased since the announcement of these measures. The cost ratio of call options to put options for Chinese stocks listed on Hong Kong exchanges and U.S. ETFs tracking them is nearing its highest level since 2008. Even though the