2269.HK is going to fly ~ (1st target: 77.8, 2nd target: 90.05)2269.HK has experienced a long decline for more than 1 year due to local and oversea government policies, although its P&L has growth a lot. 2269.HK is going to complete a head and shoulder pattern within the last 70 days, and highly likely to fly in the near term. The first target will be 77.8 and second target will be 90.05.
On the other hand, China government is likely to support health and medical industry just to ensure the GDP growth can be met ( 5-6% target this year).
2318.hk is showing a solid price actionAfter 2318.hk reaches its low at 15 March 2022, it exhibits strong breakaway gaps with strong volume on 17 March 2022. From 18 March 2022 to 1 April 2022, it exhibits the pennats pattern, and finally breaks through and reaches a closing price 59.25 on 4 April 2022. Moreover, the 100-day MA changes from decreasing to flatten now. We will see if it continues exhibit a rising trend.
Buy Modern Dental HK$3.4 Target Over HK$ 7.5Good Day Fellow investors!
When looking for a company that is
1. Globally Diversified
2. Highly undervalued from a free cash flow perspective
3. Has decent growth potential (Over 10%)
choices are limited! However Modern Dental does meet all of these criteria..
1. Revenues are globally diversified with about 35% coming from Europe 25% USA and 40% Remainder of the world including a larger and larger share coming from mainland china.
2. Trading at about a P/E Ratio of 9. EV/EBITDA about
Alibaba Group Holdings (9988. HK)Alibaba had a V-shaped rebound on 15th March 2022 and has pushed Alibaba back into the HK$100.00 psychological level. Despite a consolidation from 23rd March - 1st April, the stock forms a bullish pattern with a bullish morning star pattern, indicating further bullish upside. Combining the v-shaped bottom and the pennant, it can be interpreted as a bullish cup and handle formation.
Key resistance at HK$124.20-HK$126.90 is the crucial resistance zone. Breaking it will see prices rallying towar
Buy now or wait for Breakout for Xiaomiread this latest news here
I am bullish on Electric cars market in China and I think Xiaomi entry into this market in 2 years time will create more demand and competition for the EV market. That explains why I am adding more to LIT ETF as this is going to be a game changer for the automotive market in years to come.
XIAOMI 1810 Good buy NOW!Xiaomi currently in demand zone where it last touched and rose rapidly to ATH 35.9
Big hammer wick on 15 Mar, buyers flooded in to reverse downtrend sharply
Chinese markets proven to be resilient, and Xiaomi is the largest phone producer in China, expanding its products into EV vehicles in the future.
This is not only a good buy, but good for long term hold too.
Take profits:
20
28
29.5
To the moon
Stop loss:
11.08
The recent pullback in SITC share price seems overdone.SITC International Holdings Company Limited (1308). Price 25/3/2022: HKD 27.65
SITC is a US$10 billion market cap transport and logistics company, quoted in Hong Kong, doing business (i.e. shipping goods), from China 39%, South East Asia 31.2% and Japan 24.8%. They have 96 vessels delivering to 74 ports, including ports in Russia.
Shipping and logistics companies typically trade at a discount to the general market due to the uncertainties of world trade. The Russian invasion of Ukraine has
Tencent Tencent fell mainly due to chinese govt crackdown on large chinese firms and the penalties tencent faced recently.
overall the company's cash on hand makes it stronger , with chinese govt supporting these large corporation to sustain its economy, expect to see these chinese growth stock recover slightly.
Tencent .. my ten cents worth on it sharedQuick note... a good friend asked me about Tencent. Given the developments recently, as well as over the past year.
There was some regret in not buying during the dip, but it was about risk management in catching a falling knife IMHO.
Missing the boat is also another feeling, and it is perhaps something dangerous to feel when looking at charts.
So, this is called planning the trade... and in doing so, we might expect a dip in the week of April 25 at about 320-350. IF it does play out to that
Giving China Stocks a much needed lift Those who followed me knows that I am quite heavy on my China portfolio and Xiaomi is one example here .
We can see from chart that it has fallen more than 40% from the peak and followers are concerned and some getting panicked about selling.
The Chinese Government are concerned and have offered "helicopter money" to the much needed stock market ! Read article here !
If you look at individual stocks like Tencent , Meituan ,etc you would see that selling pressures has not eased and I think w
BE GREEDY WHEN OTHERS ARE FEARFUL!!!! LIVE LONG EVERGRANDE...As traders or investors, we are supposed to make our own research, don't believe anything that everyone says.
Evergrande was a hot discussion at the end of the quarter last year due to its failure to pay its debt. And as the second real estate developer in China, the negative effect was catastrophic throughout the entire world. The media never stop reporting the collapse of Evergrande and china's economic downfall. Most Chinese stocks were dumped hard even the Chinese blue-chip stocks couldn't a
3Long
IS THE BOTTOM CONFIRMED?? XIAOMIXiaomi after the stock plummet almost 70% from the all-time high due to the debt crisis in china back in 2021. I personally expect some kind of bounce back from this level and if the coming earning report turn positive the bounce will be massive
Along with the bounce of other Chinese stocks like BABA,DIDI,NIO,XPENG. in My opinion Xiaomi will do the same...
But advisedly, enter with the small position first because the stock is in the downtrend.
**Not financial advice**
Evergrande hopes for a better futureAfter months of struggle, the restructuring plan could save the embattled property developer. Not financial advice, just my opinion.
3
Forward looking telco player Read latest article here
We have heard quite a fair bit about the upcoming 5G technology and how it is going to help us in terms of fast downloading , thus saving time,etc.
We are now living in a connected world where speed truly matters. More storage space, faster downloading, clearer image, etc. We want it and and we want it now. That's the stressful part of instant gratification. It becomes like a vicious cycle where customers demand faster turnaround and suppliers are competing with one
Be greedy when others are fearfulIf this last line of defence is also taken out by this week, then we can see the price possibly heading further south towards 120 level (though I think is quite unlikely).
From its peak at 453.70, we have witnessed how this stock tumbled down almost 60% to its current price of 194.
Please do not ask me should you sell or buy as I do not know your objectives nor strategy. As a long term investor, I am thrilled for 2 reasons. One, the central government moves seen by many global investors as a
XPENG -updateXPENG (9868) plunged last week and reached the HKD87.6 support that we talked about last week. It then craved a lower low before settling at HKD102.60 on Friday. With the latest price action, a close above HKD115.90 could trigger a near term rebound towards the HKD143 resistance. Bear in mind, price action as been creating lower lows and lower highs since Dec 2021, hence any rebound could be limited with traders are trading with the wind on their faces. Hence a close below HKD100 psychological s























