$Futu Holdings Ltd (FUTU.US)$the way People’s Daily uses the...
$Futu Holdings Ltd(FUTU.US$the way People’s Daily uses the opinion section in its publication as a way of altering the behaviour of companies that she feels differ from their idealistic state is akin to direct market influence in a obliqued underhand way. I believe the publication knows it is the mouth piece of government and its influential position. Instead of using a direct approach of meetings and dialogues, it chose to use an opinion writing to voice its wants. How unorthodox a way of working? From the perspective of investment or trading of Chinese companies, it becomes a bit too difficult for foreign small investors to sniff out the happenings and thinking of Chinese authorities, even if their businesses are more than 50% outside China. What Futu should do is to dedicate its effort to provide differentiating info and knowledge to navigate the minefield of Chinese listed overseas. Otherwise it would be better to steer clear of them. Perhaps it would be better for these Chinese companies to list in just the China Stock Exchanges. At least if we want to touch them, we will choose our risk tolerance and attune our mindset to follow the market exuberance behaviour of the Chinese market participants accordingly. Just a lame lament and opinion to vent my disbelief.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
TigerZ : If Futu complied with the regulations, nothing will happen to them.
SimaRick : Yeah, I'm never gonna buy any China stocks after this.
牛牛不爱熊熊 : Too bad. Jealousy and jealousy
Stock Watch TigerZ: U are wrong. As long they are listed in US, China will find ways to slap them. Unless both countries are in good friendship again
102952476 SimaRick: Never too late to wake up. I basically not touch any China stocks, FUTU is just an exception. And cleared the stock for good for now. Several weeks ago I warned ppl be very very careful with China stocks, ppl ridiculed me.
101695166OP 102952476: Everything has a risk factor. It is not like buying non-China equities have no risk. Sometimes high risk rewards but it is either not a long term investment or for a very long horizon. example Baba at 140. recently. Never say no to any opportunity. Be agnostic and hoping for better proprietary tools from this platform.
102952476 101695166OP: Very simple: If they put jack Ma into jail tomorrow , Baba could be 70 . While that scenario is quite feasible. Will US anyhow put Elon into jail ? Obvious China stocks have more uncertainties than others . Nothing to do with company fundamentals. It is Just my personal preference, of course your money, you are the boss.