Credit to you guys! The very few youtubers who stick to your thesis on China for many years! No flip flop, no prata like some other more established youtubers. Respect. Green dragon let's go!
A great discussion. Thank you. My own impression is that if you are investing in stocks on the Hang Seng that are focused on Hong Kong businesses', the outlook is relatively weak. Hong Kong, relative to other places in China is a high cost location. As it is assimilated into the wider China market, it's hard to see where it will be able to compete as it has to lower its cost base dramatically and will still lose it's edge as the 'gateway to China'. On the other hand, it you are investing in Hang Seng listed companies that are not Hong Kong focused e.g. CKI, Power Assets etc, then it's a different story. Regardless, it's always good to hear other points of view so thanks again.
What a vacuous comment. If you can't listen to balanced analysis and draw your own conclusions your country's education system has failed you. Sure hope you aren't from Singapore.
selling now, after holding to the losses for several years, is precisely how the retail investors manage to underperform indexes or institutions. One should've either sold long time ago, when the bear market was confirmed or, if not, just practice some more patience.
Like DBS, all 3 banks are good, BACHY(Central bank of China), IDCBY(World largest bank) and ACGBY(Help Saudi to turn deserts into farmland). The main point is all three can possess gold to avoid third party risk.
Do not worry. At least not for the time being. There might be some short bout of profits taking and pullbacks. But each time, the recovery will be stronger. Bear in mind, Chinese being Chinese, aside from food, the instinct for speculations is high. Furthermore this is a government led initiative. They would have thought over it thoroughly why they have to do it differently this time. With that in mind, rest assure this rally will have legs. As I know it, many legs.
Hold on to what you have bought. For those who have not, buy on pullbacks. Imagine you are at the start on Elliott Wave. Time it for a 2 years third wave.
Those who getting out are those who has no conviction, feeling tired just want to break even or 10-20% gain, wanna get out. In normal situation, there should have pullback, but with such unprecedented event, it could consolidate and break out multiple rounds. Money market funds have been waiting at the side for a long time to wait for fed rate cut to rotate in. This time China snatched the liquidity with perfectly timed news. China companies haven't even gotten ready to apply into the program to inject funds into the market. Main bulk of retail investors haven't start FOMO into china market. And yes. China market is at the mercy of china govt. But this round, you know china govt's main aim is to prop up the market. China companies will need to be at least reach reasonable fair value before there is any changes of the China govt move.
Good opportunity to get out. Stimulus is not enough. Cannot compare to 2008 stimulus bcoz the trouble was in USA. This time the financial trouble is in China/HK itself. Just Evergrande alone is USD350 billion in the hole and this does not include other developers. Who has the healthy balance sheet to get loans to stimulate back China's economy? US and EU are looking at tariff on China. Export will be affected. China is going through Japan's lost decades. And on another factor, why China didn't shoot their bazooka earlier say middle of the year when they can clearly see price depreciation is killing their economy? It's bcoz they are waiting for FED to cut rate. Which means China is still USD dependent. Which means in a US-China rivalry scenario, US can put China in a price depreciation economy. Now is a good time to get out from China/HK.
Credit to you guys! The very few youtubers who stick to your thesis on China for many years! No flip flop, no prata like some other more established youtubers. Respect. Green dragon let's go!
Green Dragon Lets Go!
Not red dragon?
Green Dragon! Let's Go!!! 🐉
Green 🐉 Let’s go! You have done a good analysis. Thank you😁🙏🏻
I started to invest in HKSE after watching your coverage on Tencent & Alibaba. it was a wild ride but exciting one to remember for life. yOLO🎉
Green dragon let's go!!!
A great discussion. Thank you. My own impression is that if you are investing in stocks on the Hang Seng that are focused on Hong Kong businesses', the outlook is relatively weak. Hong Kong, relative to other places in China is a high cost location. As it is assimilated into the wider China market, it's hard to see where it will be able to compete as it has to lower its cost base dramatically and will still lose it's edge as the 'gateway to China'. On the other hand, it you are investing in Hang Seng listed companies that are not Hong Kong focused e.g. CKI, Power Assets etc, then it's a different story. Regardless, it's always good to hear other points of view so thanks again.
Thanks for sharing, Mel! Great points! Yes, many of the best Hang Seng companies have their markets in China
Yo! Green dragon let's go.
wow... a 20 min video with 3 guys saying I don't know in so many ways.... I am impressed.
What a vacuous comment. If you can't listen to balanced analysis and draw your own conclusions your country's education system has failed you. Sure hope you aren't from Singapore.
As usual, thoughtful analysis and good presentation. Thanks
Thanks! Glad it was helpful!
Great sharing!!!
selling now, after holding to the losses for several years, is precisely how the retail investors manage to underperform indexes or institutions. One should've either sold long time ago, when the bear market was confirmed or, if not, just practice some more patience.
rally just started
Someone said “invest in bull market, you make money, but invest in bear market, it will make you rich!”
Wise words indeed!
Like DBS, all 3 banks are good, BACHY(Central bank of China), IDCBY(World largest bank) and ACGBY(Help Saudi to turn deserts into farmland). The main point is all three can possess gold to avoid third party risk.
what are you holding in HK? and the price you bought?
Do not worry. At least not for the time being. There might be some short bout of profits taking and pullbacks. But each time, the recovery will be stronger. Bear in mind, Chinese being Chinese, aside from food, the instinct for speculations is high. Furthermore this is a government led initiative. They would have thought over it thoroughly why they have to do it differently this time. With that in mind, rest assure this rally will have legs. As I know it, many legs.
Thanks for the update! Any special updates for service subscribers?
You're most welcome! We'll email our members if there are any updates.
Very good sharing
Thank you!
Nice perspective
Green dragon let's go! Baba, Tencent, Ping An, HST, HSI, ICBC huat ahhhhhhh!
Been underwater for years ! Just turned green. Will not look at my account again for the next 3 years
Buy buy buy
Is pump-pump-pump....no retracement ?
Hold on to what you have bought. For those who have not, buy on pullbacks. Imagine you are at the start on Elliott Wave. Time it for a 2 years third wave.
HUAT AH!!
cash in of course. no structure reform.
Plz look at zena i beg you new AI solar drone company with a massive ceo
Those who getting out are those who has no conviction, feeling tired just want to break even or 10-20% gain, wanna get out.
In normal situation, there should have pullback, but with such unprecedented event, it could consolidate and break out multiple rounds.
Money market funds have been waiting at the side for a long time to wait for fed rate cut to rotate in. This time China snatched the liquidity with perfectly timed news.
China companies haven't even gotten ready to apply into the program to inject funds into the market.
Main bulk of retail investors haven't start FOMO into china market.
And yes. China market is at the mercy of china govt. But this round, you know china govt's main aim is to prop up the market.
China companies will need to be at least reach reasonable fair value before there is any changes of the China govt move.
Time for many to cash out who brought cheap
Looking at the profits, how to buy? Before the run already high, now higher.
Good opportunity to get out. Stimulus is not enough. Cannot compare to 2008 stimulus bcoz the trouble was in USA. This time the financial trouble is in China/HK itself. Just Evergrande alone is USD350 billion in the hole and this does not include other developers. Who has the healthy balance sheet to get loans to stimulate back China's economy? US and EU are looking at tariff on China. Export will be affected. China is going through Japan's lost decades.
And on another factor, why China didn't shoot their bazooka earlier say middle of the year when they can clearly see price depreciation is killing their economy? It's bcoz they are waiting for FED to cut rate. Which means China is still USD dependent. Which means in a US-China rivalry scenario, US can put China in a price depreciation economy. Now is a good time to get out from China/HK.
Buy or bye. Bye ICBC and get out from market
Jai Hind. Xi had impeccable timing in firing his bazooka.
Xi was waiting for FED to cut rates to fire this bazooka. China is still US dependent.
Xi Jin Ping has entered big position at the bottom.
Can let us know when you guys start to liquidate your China stocks? Not a recommendation though.😉
Value trap is now putting on nice make-up, beware.
Green dragon lets goooo….Dont miss the chance to be rich 🤑
Lol, sour grapes spotted. 🤣
Just bought Baba 115 so it started going down 🥹