To The Moon

This article is written by Shernice, if you like my article, please hit the like button China's anticipated fiscal stimulus plan, set to be detailed in an upcoming press conference on Saturday, has sparked speculation of more aggressive measures to revive economic growth. This has led to an upward revision in 2025 growth forecasts, now expected to reach 4.8% year-on-year, driven by stronger policy support. The market has responded positively, with stocks like TRIP.COM-S (09961.HK) surging by 8.476%, as expectations for consumption stimulus policies fuel optimism, particularly in sectors like travel and leisure. In the travel sector, Trip.com Group Limited has been the subject of several analyst notes. TD Cowen has adjusted the company's price target, while Benchmark has maintained its Buy

$BABA-W(09988)$  Something worth noting here on HK common vs US ADR's. Base on calculation, for the same price per share, HK commons typically valued at a +2.8698% premium compare to US ADR's. You might think if that's the case, why buy in HK? The reason, massive 30% withholding tax on dividends for foreign person in the US. This law greatly tilt the favor towards HK common. Now looking at it, it seems cheaper already to purchase HK common. Happy weekend 😁 #ADRvsHK

European Union tariffs slowed the influx of Chinese-made electric vehicles (EVs) in July, as the bloc moved to protect its automakers from low-cost competition. The number of new EVs that Chinese automakers such as BYD and Saic Motor's MG registered in the EU last month fell 45 per cent from June. NIO Nio delivered 20,498 vehicles in July, its third consecutive month above the 20,000 mark. That's up 0.18 percent from 20,462 vehicles a year ago, though down 3.35 percent from 21,209 in June. NIO daily chart Over 50% drop in NIO's share price since 2024. An obvious downtrend for this EV stock since 2021 from its peak at around 65 USD. As shown in the chart above (orange coloured downtrend line), even for mid term, Nio seems will continue to retrace towards 3.63 USD. And as predicted, Nio retr

New data from a China Passenger Car Association report showed a record 50.7% of Chinese cars purchased in July were so-called new energy vehicles, or NEVs, meaning they were either electric vehicles or plug-in hybrids. The report provided several numbers demonstrating how China is expanding its global lead in EV adoption. NIO NIO's industry-leading battery swap technology is continuing to gain prowess as the Chinese EV company hits another milestone. This week, NIO hit 50 million cumulative battery swaps, providing evidence that the EV charging method is not only viable but also preferred by many drivers.  Nio daily chart Over 50% drop in NIO's share price since 2024. An obvious downtrend for this EV stock since 2021 from its peak at around 65 USD. As shown in the chart above (orange

For global investors with money in China's stock markets, the latest economic numbers are not of any comfort and just a reminder that the recovery they are betting on will take a while to happen. Recent second-quarter growth figures in China pointed not only to an economy growing below target, but also showed there is no sign of improvement in its anaemic property sector and the domestic consumer is more pessimistic and unwilling to spend. BABA An artificial intelligence expert is expected to soon depart Alibaba Group Holding and start his own business, according to sources and Chinese media reports, amid mainland China's growing investor interest in start-ups that could potentially become the next OpenAI, creator of ChatGPT. Algorithm engineer Zhou Chang, who worked on the Tongyi Qianwen

China's stock markets tumbled on Friday as the strength of the US dollar and a decline in tech shares set off a wave of foreign outflows.As the Chinese Communist Party gears up for its central committee meeting, the focus will likely be on enhancing growth potential while managing risks in the post-property era. This indicates that China might continue existing reform measures, aiming for stability over bold new initiatives. The outcomes of this meeting could shape China's economic landscape significantly and guide investor sentiment going forward. Today, let's look into the technical charts of a few famous Chinese stocks. BABA Alibaba Group Holding's sales campaign for this year's 618 shopping festival is seeing strong momentum, according to preliminary data from the firm's Taobao and Tma

Tariffs hike for Chinese EVs!  The European Union has hiked tariffs on electric cars imported from China, drawing a rebuke from Beijing, which sees the bloc as a vital and growing market for its auto industry. Additional tariffs of between 17.4% and 38.1% will be applied on top of the existing EU duty of 10%, according to a statement from the European Commission. That takes the highest overall rate to close to 50%. NIO Among popular Hong Kong stocks, shares of Chinese EV maker Nio have plunged 53% so far this year. Concerns about the company's profitability and intense competition in the Chinese EV market are impacting investor sentiment. Moreover, macro pressures are also weighing on Nio stock. These headwinds could continue to drag down Nio shares in the near term. NIO share price W

US President Joe Biden announced recently the quadrupling of customs duties on Chinese electric cars to 100%, which China slammed as politicising an economic issue and a breach of World Trade Organisation rules. This act is to protect and stimulate US clean energy industries and supply chains. Also, this move seems to counter a flood of Chinese goods, as Beijing turns to exports to compensate for weak internal demand. Let's look into the movement of Chinese EV companies.  NIO Nio officially launched the Onvo sub-brand on May 15 and began pre-sales of the new brand's first model, the L60, for RMB 219,900 including the battery. Additionally, it is reported that China FAW will join the Nio-led battery swap alliance, becoming the seventh automaker to do so. Nio daily chart  Oh no, ba

The United States plan to levy tariffs on imports from China's emerging industries, including a potential 100% tariff on Chinese electric vehicles (EV). Experts argue that the US' protective measures reveal its defensive mindset and its struggles in competing with China's new energy industries.  NIO On Wednesday, 15 May, NIO launched the first vehicle in its new lower-priced brand Onvo which aims to compete there with Tesla's Model Y, the world’s best-selling EV. Nio unveiled the Onvo L60 SUV with a sticker price starting from 219,900 yuan, 12% below the price of Tesla's Model Y which starts at 249,900 yuan in China. Nio plans to start delivery of the Onvo L60 in September. NIO daily chart As we can observe from the chart above, the stock started well early of the week and erased all

EV sales remain weak for May. As reported, major electric vehicle makers mostly saw vehicle insurance registrations in China fall last week, with a major holiday taking its toll early May. Let's look into the chart trend for Chinese EV trio, Nio Xpeng and Li! NIO Chinese electric car company Nio announced last Thursday that it will launch its lower-priced brand called Onvo on May 15. Onvo's first model, the Onvo L60, will take on the Tesla Model Y, and will primarily target the market for smart, family-centric pure-play EV market in the RMB 250,000 ($34,600) class.  Nio daily chart For Nio, the share price pulled back like most of the EV companies after rallied since mid April. So far, this round of correction is still healthy as long as it stands firm above 5 USD. If you look at the

The Federal Reserve remained on hold for the sixth time, continuing to maintain interest rates at 5.25-5.50%, while also rejecting the possibility of further interest rate increases.  Nonetheless, with inflation data still higher than expected, a high interest rate environment is likely to remain in place for some time to come. Global stock markets have experienced a violent rebound, especially Hong Kong stocks, which have surged by about 20% from the bottom in January this year, finally ushering in a long-lost bull market. U.S. stocks, which had technically turned negative before, also rebounded dramatically to levels before falling. Today, let's look I to the technical charts of a few famous Chinese stocks. BABA BABA daily chart Double bullish sign for Baba stock! Firstly, the share

What a great week for listed Chinese EV shares last week. Most of them experienced significant gain in their share prices over the week. The biggest winner belongs to Nio! NIO Nio is a Chinese EV maker that sells a wide range of sedans and SUVs. It differentiates itself from the competition with its swappable batteries, which can be quickly replaced with fully charged ones across its network of swapping stations. Nio delivered 15,620 vehicles in April, a 134.6% year-over-year increase. Nio's strong performance may be related to the price adjustment and promotions of its battery rental service. The strategy has allowed Nio to deal with the price war without having to lower its vehicle prices. Nio daily chart Great prediction and analysis last week. Nio continued to trend higher after breako

Carried by the EV leaders and bullish investment sentiment in Hong Kong and China markets, the famous Chinese EV trio rebounded strongly during Friday's trading session. Let's look into the technical analysis and prediction for these stocks movement next week. Chinese EV Trio - Nio Xpeng Li Nio announced on Thursday that it entered into strategic cooperation with Lotus Technology on charging and swapping. The announcement was made at the 2024 Beijing International Automotive Exhibition. The two companies plan to carry out comprehensive and in-depth strategic cooperation in areas related to charging and swapping, including battery standards, charging and swapping technologies, battery asset management and operations, service network construction and operations, vehicle R&D and customiza

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Another big news for China market, again and again after every rally. [Surprised]  [Surprised]  [Surprised]  China's Cabinet vowed to tighten stock listing criteria and urged companies to improve corporate governance in new guidelines released on Friday, the latest effort to support the nation's equity market. According to the statement, the State Council will ensure“high quality development”of listed companies, crack down on illegal share sales and strengthen the supervision of dividend payouts. It will also promote the entry of medium- to long-term funds into the market.The measures come as the equity market has struggled to extend a nascent rebound, with the CSI 300 Index falling for the seventh session on Friday.Personally, I think such measure w

Chinese stocks are now looking to recoup some US$10 trillion of losses from the last three years, with valuations hovering near a decade-low. The MSCI China Index tracking more than 700 companies traded at home and abroad has rebounded 12 per cent from a January low, ranking it among the best performers among major global peers during that period. Foreign investors' appetite for Chinese stocks continues to recover as they become less pessimistic about the prospects of a recovery. Meanwhile, geopolitical conflicts will also continue to drive global investors to diversify or leave China and to fear being discriminated against globally for being friendly to the country. That means China will continue to face difficulties attracting investment. Let's look into a few Chinese ADRs and see h

I wonder how many investors are still having their hopes with Chinese stocks, which has been undervalued for the past years without an obvious trend reversal until today.  China's Shanghai Shenzhen CSI 300 and Shanghai Composite indexes slid 1.6% each on Friday, and were among the worst performers in Asia. Losses in technology and mainland stocks dragged Hong Kong's Hang Seng index down nearly 3%. Chinese technology stocks were battered by fears of more U.S. sanctions, after a top Commerce Department official suggested that SMIC- the country's biggest chipmaker- may have violated U.S. trade law in making a processor for a flagship Huawei phone. Sentiment towards China was also rattled by reports of a new U.S. bill that will limit investment in Chinese stocks by U.S. mutual fund f

As we can observe this week, it will be a big event for Chinese stocks as most of the major or hot companies are going to release their earnings this week! It's hard to guess or predict the trend after earnings but we can analyse from the view of technical trend. Without doubt, Chinese stocks showed strength in rebound for the past few weeks, indicating a trend reversal for most of the stocks after being downtrended for the past 2-3 years. Let's start with the two EV makers, Xpeng and Xiaomi in which the latter is a new joined player in the EV market.  Xpeng Xpeng is one of the famous Chinese Trio. The company stock starts to rebound since early February. As we can observe from the chart below, drawn in blue line, an obvious uptrend is formed and valid until now. An uptrend

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Hong Kong stocks rose, starting the week on a firm note, after an official report over the weekend spurred optimism that consumer demand was improving in the world's second largest economy, with positive investor flows also boosting sentiment. The Hang Seng Index advanced over 1% this morning. The Hang Seng Tech Index gained over 2% today. Economists largely attributed the gain in consumer inflation to seasonality, in which the Lunar New Year fell in February in 2024 against in January a year earlier. The recovery in consumer prices is a welcome sign of improved domestic demand. However, we are not yet out of the woods with trade still facing uncertainty and the property drag ongoing, which means policymakers will need to keep a proactive stance. For such, I am optimistic for Chinese ADRs