[Zannn]

You are short? Let's see what happens.

Bro see what happens? Hs tech futures crash another 1.3% after market

[Zannn]

Bro see what happens? Hs tech futures crash another 1.3% after market

Hsi drop 700pts from morning peak. Sgbuffet is this drop huge?

[Zannn]

Bro see what happens? Hs tech futures crash another 1.3% after market

-2% after market coming. Huat arrr

[Cmpunk]

Oh no today going to see red due to Meituan bad result

[Zannn]

-2% after market coming. Huat arrr

Can take good profits liao

[Zannn]

Oh no today going to see red due to Meituan bad result

Market will be recovering instead, overdone

[sgbuffett]

Oh no today going to see red due to Meituan bad result

Meituan is fried.
JD and Alibaba going to gobbke up its market.

Meituan main weakness it it has no cash cow to fight opponents like Alibaba and JD who are positive cashflow. These opponents can fight intil Meituan bleeds to death.

JD within a few months took 20% of market share.

[Zannn]

Meituan is fried.
JD and Alibaba going to gobbke up its market.

Meituan main weakness it it has no cash cow to fight opponents like Alibaba and JD who are positive cashflow. These opponents can fight intil Meituan bleeds to death.

JD within a few months took 20% of market share.

Bro did u and yr pros start to feel anxious to cut yr longs now?

[Zannn]

You nervous again that market will go down?

Sgbuffet are you nervous now?

[Zannn]

You nervous again that market will go down?

Sgbuff are u very nervous now? Today selling record setting 2.6bil. Yr last hope of mainland punters abandon HK stocks. 


https://www.bloomberg.com/news/articles/...ckout=true

[sgbuffett]

Sgbuff are u very nervous now? Today selling record setting 2.6bil. Yr last hope of mainland punters abandon HK stocks. 


https://www.bloomberg.com/news/articles/...ckout=true

No I am not nervous abt HK falling..... If you are nervous yoh should sell and sleep well at night.

[sgbuffett]

In past weeks I discuss ed hownpro traders.are positioned for a move towards 6000. Many novice traders exited or shorted because of volatility and playing simple strategies like short term supoort and resistance completely missed the big picture and many where shaken out.

As the HS Tech gets closer to 6000, the majn challenge for bulls is how the move up is sustained. I see new stimulus as key without which the HS Tech will struggle as we get near and slightly above 6000.  Many component stocks of HS Tech depend.on Chinese consumers and consumption as they act as middle men platforms. While touching 6000  can happen based on momentum, a sustained move above 6000 will depend on stimulus

Like I said in early posts pros already positioned themselves earlier to ride this move and their long are very profitable at this point in time. They may take those big profits if they dont see stimulus coming.

My view is the Chinese govt has to stimulate to hit economic target and there is no reason not to as their borrowing cost is rock bottom and the current market recovery bolsteref their holdings in public listed companies including large stakes in state owned enterprises

I see a move from  to 6000 for HS Tech.
Despite doom sayeri and nervous novice traders selling off last week. HS Tech has again gone above 5800 and heading to the 6000 target.

After 6000 is reached, stimulus js needed to move the HK market higher. Like I explained earlier I dont see any reason for China govt not to do stimulus.

[Zannn]

I see a move from  to 6000 for HS Tech.
Despite doom sayeri and nervous novice traders selling off last week. HS Tech has again gone above 5800 and heading to the 6000 target.

After 6000 is reached, stimulus js needed to move the HK market higher. Like I explained earlier I dont see any reason for China govt not to do stimulus.

Now time is about right to long

[Zannn]

Now time is about right to long

Got stop out. Should have stick to reverse indicator trade of sgbuffet, RI never wrong.

Sgbuffet feel for u, huge loss

[sgbuffett]

I see a move f to 6000 for HS Tech.
Despite doom sayeri and nervous novice traders selling off last week. HS Tech has again gone above 5800 and heading to the 6000 target.

After 6000 is reached, stimulus js needed to move the HK market higher. Like I explained earlier I dont see any reason for China govt not to do stimulus.

HS Tech will soon cross 5900 and make a run for 6000 as expected.

Novice traders mostly panic and got out during routine volatility  that flush them out...and are out again. Pros stayed on as they see a sustained rally until 6000....

To go further above 6000  China has to stimulate its economy. Until we see some concrete steps.HS Tech will trade around 6000 level.

[Zannn]

HS Tech will soon cross 5900 and make a run for 6000 as expected.

Novice traders mostly panic and got out during routine volatility  that flush them out...and are out again. Pros stayed on as they see a sustained rally until 6000....

To go further above 6000  China has to stimulate its economy. Until we see some concrete steps.HS Tech will trade around 6000 level.

Past show that China will likely underwhelm stimulus again

[sgbuffett]

HS Tech will soon cross 5900 and make a run for 6000 as expected.

Novice traders mostly panic and got out during routine volatility  that flush them out...and are out again. Pros stayed on as they see a sustained rally until 6000....

To go further above 6000  China has to stimulate its economy. Until we see some concrete steps.HS Tech will trade around 6000 level.

HS Tech has crossed 6000 level.

As i said earlier this level will be reached but to significantly further up there has to be stimulus. Given Fed js ceryajn to cut rates and many believe it will be 50 basis points, moderate stimulus is sufficient yo take HS Tech higher beyond 6000.

[WhatDoYouThink!]

How much hv u made?

[Zannn]

How much hv u made?

Sgbuffet hit rate 33.3%, his recent China sse double M and Nasdaq crash should have lost badly. He stay with this winning tread and abandon the other two. U guess how much he made??

Not forgetting his most infamous call to short baba one day before this current result.

[Cmpunk]

Let hope all the way don’t sudden drop

[sgbuffett]

HS Tech as expected has cleared 6000 level.

There is some performance divergence with HSI and broader non tech  for Chinese stocks.due to 2 factors.

The property slow down sees no sign of recovery.
Lower interest rate will pressure bank profits hence banks and property counters that are part of HSI is a drag even as HS Tech rises.

Within Tech the focus may narrow further to AI. EV market is cooling off, e commerce and fintech hype has already peaked. So AI  stocks like Alibaba and Baidu will out perform. Diversified tech like Tencent should follow HS Tech. 
Baidu is up 10% to day....past few days i have already discuss  its capable AI chip design arm which has alot of potential. 

The semi con sectors will also see alot of interest from knvestors as SMIC and Hua Hong has closed the gap with foreign rivals and set to be the big players in the semi conductior space with alot of room tl run up. I have posted anout them in other threads.

If you are not professional to optimise returns by sector selection from the run up ....HS Tech index etf will be good enough to capture most of the returns only pros with resource tome and knowhow should stock pick for higher gains

Many novice who like to trade the intraday short term mobes got stopped out as pro traders rode the broad trend up ....

[forum456]

HS Tech as expected has cleared 6000 level.

There is some performance divergence with HSI and broader non tech  for Chinese stocks.due to 2 factors.

The property slow down sees no sign of recovery.
Lower interest rate will pressure bank profits hence banks and property counters that are part of HSI is a drag even as HS Tech rises.

Within Tech the focus may narrow further to AI. EV market is cooling off, e commerce and fintech hype has already peaked. So AI  stocks like Alibaba and Baidu will out perform. Diversified tech like Tencent should follow HS Tech. 
Baidu is up 10% to day....past few days i have already discuss  its capable AI chip design arm which has alot of potential. 

The semi con sectors will also see alot of interest from knvestors as SMIC and Hua Hong has closed the gap with foreign rivals and set to be the big players in the semi conductior space with alot of room tl run up. I have posted anout them in other threads.

If you are not professional to optimise returns by sector selection from the run up ....HS Tech index etf will be good enough to capture most of the returns only pros with resource tome and knowhow should stock pick for higher gains

Many novice who like to trade the intraday short term mobes got stopped out as pro traders rode the broad trend up ....

you are ingenious genius !