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China's SaaS: An 'Open Ocean' Up Ahead (1/4)China's cloud computing industry is still gradually developing, which implies infinite opportunities. When it comes to SaaS, the potential is even larger. This article is an overview of the country's cloud computing industry featuring the key players in the market, including Kingdee, Kingsoft, Youzan and Weimob. Server device In China, public cloud services have been increasingly popular, along with a number of existing customers showing desires to extend and customize the providers' offerings
HKEX:268Long
by EqualOcean
Has Nayuki's Tea Moved Too Fast?On the first day of listing, Nayuki (also known as Naixue's Tea) opened 4.75% lower than the issue price, at HKD 18.86, and the largest intraday drop expanded to 11%. As of press time, the total market value of Nayuki's Tea has fallen to HKD 30.34 billion from 32.3 billion. Nayuki's Tea has completed a total of five rounds of funding ahead of the IPO. On June 21, it received its most recent strategic financing of CNY 4.87 billion with China Southern Fund, UBS Fund, China Guangfa Fund and CCB I
HKEX:2150Short
by EqualOcean
Yeahka ready for a new rally? Last year Yeahka had a great rally when Chinese SaaS stocks received attention from ARKK buys. This has come all the way down, now it is undervalued. Cathie is still holding. A big guy from Tencent running the show. Tencent owns a partial stake. Great company. Square of china. Huge TAM. Yes, there is competition. However, market is big enough to go to SQ-like valuation (that is a 5x). Give it a few years. This is my personal opinion and not investment advice.
HKEX:9923Long
by Maximusprimex
3
Expecting Further UpsideExpecting further upside after Tencent leaves Re-accumulation Phase (Trading Range) possibility entering in Mark Up Phase. Over the Re-accumulation range, stock showed the transition from supply dominated action to weakening of supply to demand dominated action. Stock is trading relatively stronger than the broad market (RS above zero), indicating strength in demand for the stock. Price trading below $550 level will falsify the Mark Up Phase analysis and stock will reenter trading range.
HKEX:700Long
by Brandon_Leu
Time For Yadea To Continue Its UptrendHKEX:1585 Trade Indicators 55 & 233 Daily SMA Cross: +1 Using 55 and 233 as Fibonacci versions of 50 and 200 day moving averages Currently in golden cross. 55 & 233 Daily SMA as Support & Resistance: 0 Currently not in play. Relative Strength Index: -0.5 Earlier trend line break on May 20 was accompanied by RSI at 58. This shows strength above 55, but not overbought below 70. Currently weak below 45. Price Action: +1 Price is retesting the trend line that it broke out of on May 20
HKEX:1585Long
by ttp112358