$TENCENT(00700)$$Tencent Holding Ltd.(TCEHY)$After years of down trend it is showing some sign of trend bottoming. Mainly supported by company share-buyback in the past few weeks. While selling pressure from the market is not strong to pull the price lower after each selling. This is indicating that the selling pressure is weak. Which supports the kick start of a bullish trend. In short term, the price movement continue to show bullish where the selling pressure erased with price marking back higher after sell down in the past 3 trading days. A short term rebound from recent retrace is on the way.
$TENCENT(00700)$$Tencent Holding Ltd.(TCEHY)$Told you all get tencent in china sector. That is my main holding and its pretty much only stock holding strong in china.[Happy][Happy][Happy]Social media and gaming is the future for the younger generation there and they are expanding all over the world as we speak. Buybacks and yield is keeping this stable but I am worried about everything else now. IRAN launchign those missiles is going to push chinese investors back to gold right now...Gonna be rocky ride this year but still we are in discount mode.
$XIAOMI-W(01810)$Small update on it for those that may have followed on this As said I build my positon and bought all the way down to 1.1743$ Its a rather large position.So with this 2nd retest of 2.1356$ resistance I took off 20%. I will rebuy if we get back to 1.7618$ and my target for the next PT will be at 2.4025$ After that 3.2034$ and then new highs in 1-2 years.Playing out EXACTLY as planned 2 years ago. Each PT as usual will bei 10-25% of remaining position.[Cool][Cool][Cool]
$XIAOMI-W(01810)$stock price in wild swings, currently looking corrective to me, but the all-data-chart suggests great potential. [Cool][Cool][Cool]However, Chinese, doing mostly smartphones + notebooks; this one and only electric car is a very recent addition, very risky with such high production capacity. Risky![LOL][LOL][Sad]
$XIAOMI-W(01810)$Think you better do some research on Xiaomi. They have much more than just the car. Some items I actually own and use. The Roborock vacuum cleaner I can highly recommend.[Happy][Smart][Lovely]... and unlike Tesla even the Xiaomi vacuum cleaner has lidar
$Alibaba(BABA)$down $8 YTD despite so many catalysts. 2023 tax loss selling ended. Jack Ma didn't sell shares. Wu is better CEO than Zheng. Ant received regulatory approval. [Cool][Sad]Made Barron’s Top Ten in 2024 list. Ma and Tsai bought $200M of BABA. $278B stimulus announced. China reduced reserve requirements and banned loaning of restricted shares.China cut interest rates. Burry and Tepper bought. Interest rate cut. Record share buy back in Q1. Ma supports Tsai and BABA's recovery plan. Better than expected Q1 economic data.[Grin][Grin][Grin]Alibaba | Know Your Meme
$Alibaba(BABA)$Just because a stock is cheap and its fundamentals show it should be a good investment doesn't mean it is a good investment[Wow][Pitiful][Sigh]. Could of said that at any point over the last 3 1/2 years to justify buying BABA as it fell from $300+.[Angry][Angry][Angry]
$Alibaba(BABA)$ is the absolute worse. Buy $Baidu(BIDU)$ , $PDD Holdings Inc(PDD)$ , $JD.com(JD)$ - all have a life in them, all have a bright future[Happy][Happy][Happy]. They usually respond well to earnings. With Comatose Joe I don't see anything positive happening. He is "focusing on the customer" and all kind of other buzzwords that Jack Ma uses to describe his most incompetent successor who shouldn't have become CEO in the first place. Maybe run a Chinese restaurant at most.[LOL][LOL][LOL]Top Meme Stocks on Reddit Today: Support.com, Alibaba, AMC, GameStop
$Alibaba(BABA)$ If it hits $68.80 I will pick up 1000 shares for a 2 year hold. I think in 2 years this will be trading at over $120. They hold 40% of their market cap in cash. Leadership should be buying back $10-12 billion+ a year at current valuation and cash position. [Cool][Cool][Cool]Would be a relatively small position for me but too hard to ignore this opportunity.[Smart][Smart][Smart]
A few positive things did happen for $Alibaba(BABA)$. The removal of Daniel Zhang and being replaced by Joseph Tsai[Sly][Sly][Sly]. So far, I like what Jospeh has done for the company, making it leaner and removing excess fats that are stalling its growth.They have also started to declare dividends and shares purchase buyback, boosting investors confidence. We have seen the share price pretty stable at 70 price mark although the recent days has seen it gone to a low of 67.30.[Cool][Cool][Cool]Like $TENCENT(00700)$ , I am in no hurry to accumulate and keep myself updated with the news happening in the industry and the regulatory moves in China.9988: Alibaba Holdings Update
3 E-Commerce Stocks That Have Outperformed Amazon Over the Past 5 Years
Amazon is a great growth stock, but you may want to consider these promising e-commerce stocks for even better long-term returns. $Amazon.com(AMZN)$ has been a top growth stock to own for years. Its massive e-commerce business has helped send its valuation to around $2 trillion today, making it among the largest companies in the world.And so you might be surprised to learn that over the past five years, it has not been the best e-commerce stock to own. It's not even in the top three. Three e-commerce stocks that have been better buys than Amazon are $PDD Holdings Inc(PDD)$ , $Shopify(SHOP)$ , and $MercadoLibre(MELI)$ .
$Alibaba(BABA)$ too big to fail? Consumer sentiment is a strong catalyst for success. BABA is really diversified- however for online retail commerce $PDD Holdings Inc(PDD)$’s TEMU is like Candy Crush Even with their “bonuses and alerts emails and notifications”. They are knocking it out of the park- imo. I was once heavy into BABA. Since then,PDD YOY and EPS growth that was detailed with recent earnings And conversely BABA ER revealed reduced EPS growth - the market doesn’t care about BABA’s low PE compared to PDD’s much higher. Earning Growth is king! Winner: PDD [Grin][Grin][Grin]
$PDD Holdings Inc(PDD)$Considering some Jan 2025 leaps here chart looks prime for a run, fundamentals are strong (way undervalued imo), and China (as people seem to forget sometimes being the 2nd largest economy in the world) should start running soon. [Happy][Happy][Happy]Risk to reward here is looking good 🍻 [Wow][Wow][Wow]
$PDD Holdings Inc(PDD)$The exact same goods are sold on $Amazon.com(AMZN)$ and Temu. The difference is that u get it cheaper on Temu.Tik tok is not Temu. Even if Tik tok gets banned Temu will benefit as Tik Tok is trying to compete with e-commerce giants. if Tik tok does not get banned its also good news for TEMU. Strong Business Model and financials. however more transparency is required to provide confidence to investors.[Happy][Happy][Happy]
Go look at the revenue and profit numbers over the past 10 years. The company has done great in that time frame. The stock has just become ridiculously cheap. Two years of slower growth does not deserve this level of sell off. BABA will keep growing over the next 10 years and analysts predict a similar level of growth as Apple, around 8% which is fine being they are both mature companies. But $Apple(AAPL)$ trades at over 5X the valuation. This means $Alibaba(BABA)$ can use their cash flow to retire shares at a faster rate going forward. Eventually this combination of ultra low multiples and cash reinvestment will lead to shareholder gains.[Wow][Wow][Wow]
Support did not last as I feared... Direction is clear now. So next stop 68-69 to test recent lows with an option to test 66 52w lows.If this does not stop decline, there is unfilled Gap 63-64 and than 58s ATL would look very tempting from sellers perspective. On the other hand RSI is low, volume magnitude would not be high. [Smart][Smart][Smart]I would add some in 60s to reduce my avg of 155. $Alibaba(BABA)$
China has transitioned from a peasant population to a consumer class of 1.4 billion people in the last 60 years[Lovely]. $Alibaba(BABA)$ is the $Amazon.com(AMZN)$ of the East. It seems short sighted to focus solely on recent challenges in China's economy, without understandings its long term trajectory. A classic case of not seeing the forest among the trees.[Grin][Grin][Grin]
$JD.com(JD)$ up over 2.6% and this down, first time in ages that this happens only in 2024.. All this years $Alibaba(BABA)$ has been outperforming JD until this useless management made it a even worse start of 2024 than them, different from any other years… So much uncertainty from this company made even JD a better buy than BABA after being in a shadow for so many years… ytd down 6% vs down 8.3% BABA… I’m not hating but I hope JD start a bullish trend so can save BABAs day as well[Smart][Smart][Smart]
$JD.com(JD)$Positive trend still intact despite FUDCapital and the paid naysayers. It’s not today or tomorrow that matters it the next month or two or three. Holding strong 💪[Lovely][Lovely][Lovely]Added more on this dip.However, JD is 30% off bottom. Trying to rationalize. But then $Alibaba(BABA)$ and $Baidu(BIDU)$ are flatlined.
$TENCENT(00700)$$Tencent Holding Ltd.(TCEHY)$After years of down trend it is showing some sign of trend bottoming. Mainly supported by company share-buyback in the past few weeks. While selling pressure from the market is not strong to pull the price lower after each selling. This is indicating that the selling pressure is weak. Which supports the kick start of a bullish trend. In short term, the price movement continue to show bullish where the selling pressure erased with price marking back higher after sell down in the past 3 trading days. A short term rebound from recent retrace is on the way.
$TENCENT(00700)$$Tencent Holding Ltd.(TCEHY)$Told you all get tencent in china sector. That is my main holding and its pretty much only stock holding strong in china.[Happy][Happy][Happy]Social media and gaming is the future for the younger generation there and they are expanding all over the world as we speak. Buybacks and yield is keeping this stable but I am worried about everything else now. IRAN launchign those missiles is going to push chinese investors back to gold right now...Gonna be rocky ride this year but still we are in discount mode.
$XIAOMI-W(01810)$Small update on it for those that may have followed on this As said I build my positon and bought all the way down to 1.1743$ Its a rather large position.So with this 2nd retest of 2.1356$ resistance I took off 20%. I will rebuy if we get back to 1.7618$ and my target for the next PT will be at 2.4025$ After that 3.2034$ and then new highs in 1-2 years.Playing out EXACTLY as planned 2 years ago. Each PT as usual will bei 10-25% of remaining position.[Cool][Cool][Cool]
$Alibaba(BABA)$down $8 YTD despite so many catalysts. 2023 tax loss selling ended. Jack Ma didn't sell shares. Wu is better CEO than Zheng. Ant received regulatory approval. [Cool][Sad]Made Barron’s Top Ten in 2024 list. Ma and Tsai bought $200M of BABA. $278B stimulus announced. China reduced reserve requirements and banned loaning of restricted shares.China cut interest rates. Burry and Tepper bought. Interest rate cut. Record share buy back in Q1. Ma supports Tsai and BABA's recovery plan. Better than expected Q1 economic data.[Grin][Grin][Grin]Alibaba | Know Your Meme
A few positive things did happen for $Alibaba(BABA)$. The removal of Daniel Zhang and being replaced by Joseph Tsai[Sly][Sly][Sly]. So far, I like what Jospeh has done for the company, making it leaner and removing excess fats that are stalling its growth.They have also started to declare dividends and shares purchase buyback, boosting investors confidence. We have seen the share price pretty stable at 70 price mark although the recent days has seen it gone to a low of 67.30.[Cool][Cool][Cool]Like $TENCENT(00700)$ , I am in no hurry to accumulate and keep myself updated with the news happening in the industry and the regulatory moves in China.9988: Alibaba Holdings Update
$Alibaba(BABA)$ is the absolute worse. Buy $Baidu(BIDU)$ , $PDD Holdings Inc(PDD)$ , $JD.com(JD)$ - all have a life in them, all have a bright future[Happy][Happy][Happy]. They usually respond well to earnings. With Comatose Joe I don't see anything positive happening. He is "focusing on the customer" and all kind of other buzzwords that Jack Ma uses to describe his most incompetent successor who shouldn't have become CEO in the first place. Maybe run a Chinese restaurant at most.[LOL][LOL][LOL]Top Meme Stocks on Reddit Today: Support.com, Alibaba, AMC, GameStop
$XIAOMI-W(01810)$stock price in wild swings, currently looking corrective to me, but the all-data-chart suggests great potential. [Cool][Cool][Cool]However, Chinese, doing mostly smartphones + notebooks; this one and only electric car is a very recent addition, very risky with such high production capacity. Risky![LOL][LOL][Sad]
$Alibaba(BABA)$ If it hits $68.80 I will pick up 1000 shares for a 2 year hold. I think in 2 years this will be trading at over $120. They hold 40% of their market cap in cash. Leadership should be buying back $10-12 billion+ a year at current valuation and cash position. [Cool][Cool][Cool]Would be a relatively small position for me but too hard to ignore this opportunity.[Smart][Smart][Smart]
$Alibaba(BABA)$Just because a stock is cheap and its fundamentals show it should be a good investment doesn't mean it is a good investment[Wow][Pitiful][Sigh]. Could of said that at any point over the last 3 1/2 years to justify buying BABA as it fell from $300+.[Angry][Angry][Angry]
$XIAOMI-W(01810)$Think you better do some research on Xiaomi. They have much more than just the car. Some items I actually own and use. The Roborock vacuum cleaner I can highly recommend.[Happy][Smart][Lovely]... and unlike Tesla even the Xiaomi vacuum cleaner has lidar
3 E-Commerce Stocks That Have Outperformed Amazon Over the Past 5 Years
Amazon is a great growth stock, but you may want to consider these promising e-commerce stocks for even better long-term returns. $Amazon.com(AMZN)$ has been a top growth stock to own for years. Its massive e-commerce business has helped send its valuation to around $2 trillion today, making it among the largest companies in the world.And so you might be surprised to learn that over the past five years, it has not been the best e-commerce stock to own. It's not even in the top three. Three e-commerce stocks that have been better buys than Amazon are $PDD Holdings Inc(PDD)$ , $Shopify(SHOP)$ , and $MercadoLibre(MELI)$ .
$Alibaba(BABA)$ too big to fail? Consumer sentiment is a strong catalyst for success. BABA is really diversified- however for online retail commerce $PDD Holdings Inc(PDD)$’s TEMU is like Candy Crush Even with their “bonuses and alerts emails and notifications”. They are knocking it out of the park- imo. I was once heavy into BABA. Since then,PDD YOY and EPS growth that was detailed with recent earnings And conversely BABA ER revealed reduced EPS growth - the market doesn’t care about BABA’s low PE compared to PDD’s much higher. Earning Growth is king! Winner: PDD [Grin][Grin][Grin]
$PDD Holdings Inc(PDD)$The exact same goods are sold on $Amazon.com(AMZN)$ and Temu. The difference is that u get it cheaper on Temu.Tik tok is not Temu. Even if Tik tok gets banned Temu will benefit as Tik Tok is trying to compete with e-commerce giants. if Tik tok does not get banned its also good news for TEMU. Strong Business Model and financials. however more transparency is required to provide confidence to investors.[Happy][Happy][Happy]
$PDD Holdings Inc(PDD)$Considering some Jan 2025 leaps here chart looks prime for a run, fundamentals are strong (way undervalued imo), and China (as people seem to forget sometimes being the 2nd largest economy in the world) should start running soon. [Happy][Happy][Happy]Risk to reward here is looking good 🍻 [Wow][Wow][Wow]
Tencent's Mixed Q4 Earning: Domestic Game Down While Ads Up
At the close of the Hong Kong stock market on March 20th, $TENCENT(00700)$ released its financial report for Q4 and the full year of 2024. Investment HighlightsIncome slightly below expectations, with the gaming business lagging behind and the monetization of video acts growing. Particularly, domestic games are underperforming, with older games showing relatively better performance, but inevitably entering a downward cycle, while new games are below expectations and are at a disadvantage compared to similar competitors. Overseas game growth remains steady and serves as a strong support. Additionally, with the help of AI, advertising further improves efficiency, and the rise in video acts also boosts the benefits of the WeChat ecosystem. Furthermo
BIDU Earnings Digest | Where is the future growth?
$Baidu(BIDU)$$BIDU-SW(09888)$ released its fourth quarter report in premarket, with revenue slightly below analysts' expectations:However, under the strategy of reducing costs and increasing efficiency, Baidu's profitability once again exceeded expectations.Unfortunately, the market didn't seem to appreciate it, and Baidu's stock price tanked by nearly 6% in pre-market:Revenue in the fourth quarter was 34.95 billion yuan, up 5.7% from a year earlier, slightly less than the 35 billion yuan expected by analysts:Such a slight difference is negligible, coupled with the improvement on the profit side, Baidu's earnings report is not bad compared with expectations.However, the current growth rate of Baidu is r
Weekly Recap | Growth stocks are getting all the love!
Last Saturday, the National Bureau of Statistics released the February CPI numbers, up 0.7% year-on-year, reversing the previous consecutive negative growth situation. The month-on-month jump of 1.0%, 0.7 percentage points higher than the previous month, exceeding market expectations.This good news has the market all smiles. Southbound funds have been flowing in for five days straight, with a whopping HK $11.4 billion bought on Wednesday alone. That's a record! And the whole week net purchase hit HK $21.38 billion.Looking at the sectors, the optional consumption and daily consumption sector led the rise, while those high-dividend sectors like finance, energy, and telecom that the market had been embraced up to out of economic fears are seeing some red.With this positive mood, growth stocks
Weekly Recap | The healthcare sector fell sharply under the Biosecurity Act
Last week, the Hong Kong stock market held steady with the $HSI(HSI)$ dipping a mere 1.42%.News-wise, it was a busy week! Domestically, the Two Sessions kicked off, and the Government Work Report set a GDP growth target of around 5% for 2024, which was right in line with market expectations. Governor Pan Gongsheng of the People's Bank of China hinted at further reserve requirement ratio cuts during the Two Sessions. On Thursday, the General Administration of Customs announced that China's total import and export value for the first two months of this year hit 6.61 trillion yuan, a year-on-year increase of 8.7%, exceeding market expectations.Overseas, the US Senate Committee on Homeland Security and Governmental Affairs passed a Biosecurity Act with
Weekly Recap | The semiconductor sector of HK stocks rose sharply!
Hong Kong stocks were relatively calm last week, with the $HSI(HSI)$ down 0.82% on the week.In terms of market sentiment, we welcomed the earnings season last week, with companies like $LI AUTO-W(02015)$ and $BIDU-SW(09888)$ released their financial reports. Li Auto's fourth-quarter results were well above expectations, sparking a surge in its share price. However, Baidu's performance was lackluster, and its share price tanked after the earnings release.This week, companies like $NIO-SW(09866)$$JD-SW(09618)$$BILIBILI-W(09626)$ are