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(31-12-2021, 10:23 AM)Stoki Wrote: Shoot up today. Year end dressing up?
Those who bought at 0.953 and below huat liao
I didn't make much.
It's not yr end dressing BTW.
When the do yr end dressing they will sell stocks that perform all and buy stocks that did well to fool investors to think they are good.
The other type is to last 15 min push up their largest holdings a bit so their annual performance is slightly better
Today many stocks open high and stayed high but they already did this on 30 Dec in US trading and today in HK js just continuation
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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China govt regulation ended the yr with many IT workers getting retrenched as less investments entered the sector.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(31-12-2021, 04:03 PM)sgbuffett Wrote: China govt regulation ended the yr with many IT workers getting retrenched as less investments entered the sector.
![[Image: 09Kiu5n.jpg]](https://i.imgur.com/09Kiu5n.jpg)
First trading day HK all slam down again.
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Layoff age getting younger and younger for China tech industry
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(29-12-2021, 04:00 PM)sgbuffett Wrote: Cheap or expensive does not mean stock will go up or down in short term or long-term just that your odds are better.buying at good valuations
Look at Katie Woods fund ..ARKK people say expensive it kept going up and up and slap critics jn the face then it started falling and falling now down 45:% from peak within a few months.
HK Tech is reverse of ARKK...it keeps going down despite so many people saying it js cheap slapping them in the face....when it hits bottom and turn there is nobody ringing bell to tell you. ...few months later people wake io and realise it has risen a lot but most were too scared to buy. With so much fear and heavy shorting of stocks in the index It can just suddenly up one day and leave most investors out...
Hsi n Hsi tech really very scary keep dropping breaking lows.
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(06-01-2022, 10:31 AM)Zannn Wrote: Hsi n Hsi tech really very scary keep dropping breaking lows.
It has fallen 6% from where I bought.
I am not able to have a crystal ball to predict when China givt will do something that causes people to sell and k also do not know when they will stop their actions
So above is the risk of investing in these stocks.
One can try to guess/predict when is end of the bad news. We only know for sure when looking back at this period a few years from now..
Maybe all the worst regulatory actions already out.
But the rapid fire of bad news...one thing i am sure the valuations are low and that is good enough for me.to buy.
Cheap may get cheaper and expensive may get more expensive...jn the near termJust like last year all the Cathie Woods stocks rose 1st 2 months of 2021 and people can make money but if you buy for long term you burn in pain....
I think for China Tech stocks it is reverse situatio Sentiment js very poor near term and we see weakness biu the picture further out will be different
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(This post was last modified: 06-01-2022, 10:43 AM by
sgbuffett.)
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