[sgbuffett]

I have been characterising alot of the Chinese mainland stocks. Here is a summary of the findings.

1. Above chart is sample of a stock. Looking at the chart over a 10yr period you will think it is a speculative because it fell by 50% from peak 5 times in 10yrs.

2. The wild swings also includes doubking in short periods of 3-5 months.

3. This stock is not a speculative stock but Ping An a blue chip.

4.The highly speculative nature of the market comes not from the stocks but the buyers. 80% of the trading activity is by small retail investors.

5. The distinct pattern in the market is low volume at the bottom and high volumes at the peaks. Indicative of highly leverage trading such as margin.

6. The sharp bottoms are jus blow off forced selling in margin accounts that see sharp selloffs followed by rebounds.

Workable strategy for short term trading is to buy and sell contrary to the margin debt build up.

For long term investors you can just buy at bottoms which seem to be quite clear cut. For example one should be a buyer of Ping An stock now given it has sold off sharply in last 2 months given it has reached the bottom of its valuation . At this level you get both yield and safety margin.

[dynamite]

I already invested before yesterday. Yesterday tried to buy more but already seems to be moving. My investing strategy adviser is a genius.

[keys]

BABA is purring ..thanks to Munger

[investor2021]

Ping an on my shortlist too, but the persistence down trend chart earlier made me afraid to buy. Need to Wait for minor correction after yesterday? 😅

[dynamite]

Ping an on my shortlist too, but the persistence down trend chart earlier made me afraid to buy. Need to Wait for minor correction after yesterday? 😅

Buying like this is one of the favourite strategy of the original Warren buffet. I use his strategy.

[theold]

Their market is different. Their colours are different. Red means up and green means down. Ours opposite.

Last time I bought a quite diversified counters. You though it would rise based on oversea market sentiments. But it did not. People told me the banks are empty shells.  Sold all off when the gold counters rose. All square off.

When no one were aware, the market zoomed up like no tomorrow and I missed the boat.

This one month is low period.

[Zannn]

I have been  characterising alot of the Chinese mainland stocks. Here is a summary of the findings.

1. Above chart is sample of a stock. Looking at the chart over a 10yr period you will think it is a speculative because it fell by 50% from peak  5 times in 10yrs.

2. The wild swings also includes  doubking in short periods of 3-5 months.

3. This stock is not a speculative stock but Ping An a blue chip.

4.The highly speculative nature of the market comes not from the stocks but the buyers. 80% of the trading activity is by small retail investors.

5. The distinct pattern in the market is low volume at the bottom and high volumes at the peaks. Indicative of highly leverage trading such as margin.

6. The sharp bottoms are jus blow off forced selling in margin accounts that see sharp selloffs followed by rebounds.

Workable strategy  for short term trading is to buy and sell contrary to the margin debt build up.

For long term investors you can just buy at bottoms which seem to be quite clear cut. For example one should be a buyer of Ping An stock now given it has sold off sharply in last 2 months given it has reached the bottom of its valuation . At this level you get both yield and safety margin.

Li Ning huge cash out

[revealer]

The Ping An Bank just got itself into a bank run problem. Pin An Bank is one of the three main pillars of Ping An Group: insurance, banking, and asset management.

https://www.163.com/dy/article/GLOG6UO80...recommends

https://twitter.com/i/status/1446266506233352215

[revealer]

https://twitter.com/i/status/1446332866833518593

[revealer]

The Evergrande crisis has spread over to MPF who claimed to have lost about US$1,387 for each member. 30% of HK's 7 million people have MPF accounts. So the loss is roughly US$ 9 billions

https://www.scmp.com/business/banking-fi...regulatory

[merline]

https://twitter.com/i/status/1446332866833518593

You are digging and sucking such shxt everyday?

平安银行 is up 4% while 中国平安(保险) up 8% in China market, today. lol

[Niubee]

The Evergrande crisis has spread over to MPF who claimed to have lost about US$1,387 for each member.  30% of HK's 7 million people have MPF accounts.  So the loss is roughly US$ 9 billions

https://www.scmp.com/business/banking-fi...regulatory

Armageddon cumming ??

[sgbuffett]

The Evergrande crisis has spread over to MPF who claimed to have lost about US$1,387 for each member.  30% of HK's 7 million people have MPF accounts.  So the loss is roughly US$ 9 billions

https://www.scmp.com/business/banking-fi...regulatory

2 more developers collapsed fantasia and sinic.

Despite the doom and gloom I am not concerned because China govt and regulators already know it is coming and stress test the banking system already. They were the ones to accelerate the fall of the companies by tightening the regulation via 3 red lines.

This is like planned demolition rather than sudden collapse. Not to say there will pain in the banks but rescue and contingency is already planned