Back on track?
$Futu Holdings Ltd(FUTU.US$
$JD.com(JD.US$
$Alibaba(BABA.US$
$UP Fintech(TIGR.US$
Chinese ADR on a bullish run but many still afraid of bull traps. Ever since Beijing lockdown being open up every Chinese ADR has slowly pick up and they are getting stronger and stronger but many still hoping for the right time to enter, I'm started to felt those analyst has been shorting Chinese ADR and hoping it drops but these retailer are strong believing the Chinese are buying it.
anyway just my 2 cents of opinion. 🤣🤣
$JD.com(JD.US$
$Alibaba(BABA.US$
$UP Fintech(TIGR.US$
Chinese ADR on a bullish run but many still afraid of bull traps. Ever since Beijing lockdown being open up every Chinese ADR has slowly pick up and they are getting stronger and stronger but many still hoping for the right time to enter, I'm started to felt those analyst has been shorting Chinese ADR and hoping it drops but these retailer are strong believing the Chinese are buying it.
anyway just my 2 cents of opinion. 🤣🤣
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GNRForever : Look mate … look at the landscape … China Tech is bottom of the barrel cheap … China tariffs will be dropped … China is stimulating economic … Alibaba has buy back program where they can buyback up to about 18 bil usd … inflation is under control in China … China growth into Russian market … China access to cheap resources compared to other export economy competition (eg Germany) … China has innovation to provide clean energy infrastructure… they have robust infrastructure … invested in global trade network to propel growth of China tech and industry overseas … China access to advanced manufacturing … China has superior STEM labor market … China is in A+ shape for more growth … there is. I thing anyone can to do to stop China from growing … it is a matter of time … China Tech will go to moon in 2022.
understanding AnteloOP GNRForever: yes, totally agree
GNet101 GNRForever: Baba TP 1000 by 2025
micjenn GNet101:
KongWeePeh GNet101: BABA TP 1000 can. Fed just keep printing more money.