$Hang Seng Index (800000.HK)$ 15 mins 30 mins turn up. 30 mi...
$Hang Seng Index(800000.HK$ 15 mins 30 mins turn up. 30 mins double doji/spinning top. 1 HR flattening. possible reversal for the night. take note HK/China major caps. $Futu Holdings Ltd(FUTU.US$ $Alibaba(BABA.US$ $XPeng(XPEV.US$ $UP Fintech(TIGR.US$
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Lao Beng sharing with you alternative views and insights
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Lose Till Pant Drop : about what time we can see the reversal? 1st or 2nd half of the day?
BabaBlackSheep : What do you think of evergrande? Haha
Lao Beng FinanceOP Lose Till Pant Drop: still first half. we will have clearer picture when 1 HR turns up. 8-9pm should be much clearer. could continue second half. unless trap like yesterday. so much be nimble.
Lao Beng FinanceOP BabaBlackSheep: I can take a look. I saw the plunge. into initial IPO level. so if financial is crap. meaning too much debt ratio. DO NOT BUY. coz might go bust.
Lao Beng FinanceOP : if a company operating cash flow is negative, debt gear is very bad, above 2X. I strongly suggest you look else where no matter how much it plunge.
BabaBlackSheep Lao Beng FinanceOP: That’s not what I meant.. I mean, they may go default and create chaos just like lehman bros did in 2008
Lose Till Pant Drop : what about didi? I got trap at $8.7 =/
BabaBlackSheep : It might affect HSI big time, and indirectly might affect other chinese stock too? What do you think?
102178497 : Still waiting for it to recover to $250
Lao Beng FinanceOP BabaBlackSheep: oh lol. my bad. didn't read properly. if go bust ah, will have downdraft. coz people will start to doubt EV business model, especially China ones. just like what solar business did. 10 list companies in solar, 3 to 4 go bust. BAD
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