20-02-2025, 11:30 AM
(20-02-2025, 11:21 AM)sgbuffett Wrote: Stay completely out until selling pressure disappears.
Remember the sequence
1. Sell down due to US tariffs....
2. After Trump do 10% on China and 25% on Canada. Tariffs fears eased as he did not do 60%.
3. Out of nowhere DeepSeek hype explodes. This caused a shift China tech.
4. ***** Chinese Tech companies start announcing results....
(4) May cause problems for bull just look at what happened to Baidu stock earnings was bad but better than expected ...stock sold down sharply.
Tonight Alibaba earnings. Stock already move up 60%. If earnings does not satisfy investors will be bad.
market looks forward and not backwards.
now, there are more good news for china than bad news.
the worst is over for china.
it is a matter of how good can china good.
npc meeting will decide the fate of china market