Genscript Biotech (1548 SEHK)16th April: Ascending triangle was broken on the 8/4 and long term down trend has been pierced and has held as a support although there was a touch back on the 14/8 (closing price still above). Long @ 15.81 with SL @ 15.28 (1 tick below the horizontal line on the ascending triangle).
Cherish your life Please spend a minute or two and join me to pray for the family of Mr Wang Long. Read his story here
There are many compartments of our lives, depending on which stage we are in.
We have
Family
Health & wellness
Career
Hobbies/Interests
Spiritual
Finance
Community
The above is just a rough guide and you can slice and dice the way you want to run your life. While making money is important since we need a certain amount to sustain our lifestyle but it should not be overbearing and take o
Tencent 700Hk - Slow & SteadyCurrently at a 24% discount off the peak of 775.5HKD on 17 Feb 2021, China/HK techs been facing alot of noise due to China Government policies to rein in the tech sector.
Currently after the 2.8Billion USD fine on Alibaba, there was a major news selloff on the 13 Apr 2021 that regulators invited most tech
for a meeting such as Tencent / JD / Meituan / Pinduoduo and more. However a major contrast was that the techs were all given 1 month notice to change and adhere to the guidelines which should
Have a pie of Chinese Healthcare market Read latest news here and here
What will be the new US President , Joe Biden stand on US-China relationship ? Will he continue to impose trade tariffs like Donald Trump ? How about the delisting of Chinese stocks on Wall Street ? If the latter continues to happen, we can expect more Chinese companies returning to HK to get a second listing.
Chart wise, this IPO has gone up quite a fair bit from its IPO price of 70 dollars. Now, it is undergoing a correction and I expect 133.3 to 145.5 t
The worst might be over Record breaking lost with no full recovery in sight ?Appears to have reversed on the monhtly, week and daily chart.
Perhaps Vaccines passport will be the next play for this recovery. lets not forget how many people need to travel when there's some form of normality in-spite of potential hikes in everything
Bullish on BABA after being fined $2.8BFinally got the result of the anti-monopoly probe. $2.8 billion is a big number. 4% of its whole year sale in 2019. But bad news is good for BABA. For me, it's an ending of phase 1. Things might be bad for other Chinese tech companies as they may be next targets.
From the chart, I suggest buying at the pullback, say 226.
Boqi Environmental Protection (02377) granted 3.12 million shareBoqi Environmental Protection (02377) issued a notice that on 7 April 2021, the Company offered to grant 3.12 million Share Options to eligible grantees pursuant to the Share Purchase Plan adopted on 29 December 2020 at an exercise price of HK $1.51 per Share.
Future of Tencent ?Yes like many investors, I too did not like what I had read thus far about Tencent and it subsidiaries. Article here
Will it follow the fate of Baba where share price plunged more than 30% from its peak ?
I suspect more volatility ahead for HK and China Tech companies and movement in Nasdaq could also have an impact on its share price. Now with the 1400 stimulus in the hands of the US citizens, would this 100 over billion dollars be pour into the market ?
If yes, then we could potentiall























