Fundamentals are stronger for $YIHAI INTL (01579.HK)$ than i...
Fundamentals are stronger for $YIHAI INTL(01579.HK$ than it is for $HAIDILAO(06862.HK$ but prices are plunging faster even though it is way more undervalued. This shows the irrationality of the market in the short term.
In addition, $YIHAI INTL(01579.HK$ has a better buffer and moat than $HAIDILAO(06862.HK$ due to the fact that its products are less impacted by lockdowns. Prices will come to term with the fundamentals and be eventually reflected in the price given enough time.
With the recent news that China is successfully stemming the spread of covid with zero reported cases in recent weeks and measures are easing for the major tier 1 cities, we can expect things to improve. Hold on folks!
In addition, $YIHAI INTL(01579.HK$ has a better buffer and moat than $HAIDILAO(06862.HK$ due to the fact that its products are less impacted by lockdowns. Prices will come to term with the fundamentals and be eventually reflected in the price given enough time.
With the recent news that China is successfully stemming the spread of covid with zero reported cases in recent weeks and measures are easing for the major tier 1 cities, we can expect things to improve. Hold on folks!
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102952476 : Just bought 2000 at $39.10
yirmeyahuOP 102952476: I would buy more if I have the cash.
Landly : I bought at 55.80, thinking to average down.
Kit Kat Crazy : i think we must pay attention to their long-time development
yirmeyahuOP Kit Kat Crazy: What do you think will be the long term red flags that we must look out for?
yirmeyahuOP Landly: Mine’s at 48.