Eastern mystery power, the 2023 CLSA Feng Shui Index
Hong Kong is a unique place that really knows how to combine Western and Eastern traditions, to make itself a buzzing business hub in Asia.
Feng Shui is an ancient Easter mystery power with deep roots in HK. So to speak, you can always trust the local ancient power in the HK market.
If the estimate comes true, we can expect a decent bull rally for Chinese stocks.
Source: CLSA
Btw I've followed this Index for years. All I have to say is its accuracy is no joke, such as it successfully estimated the double dip for Chinese stocks in 2022.
Source: CLSA
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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warrior-sailormoon : Are these in lunar or western calendar?
Thanks in advance
Johnnie WorkerOP warrior-sailormoon: The date in the picture is based on western standard
warrior-sailormoon Johnnie WorkerOP: Thank you Johnie Worker
To summarise to pic into 4 words : 守株待兔
Can’t wait for the year of dragon
Johnnie WorkerOP warrior-sailormoon: No problem man. 2023 is gonna be a super year for Chinese stocks.
HK stock market dropped to the 1997 level, with the lowest PE and PB in 10 years back to the end of 2022.
Since all the headwinds (Fed rates, CN economic, CN policy) will become tailwinds in 2023, Chinese stocks are making a historical comeback very likely.
warrior-sailormoon Johnnie Worker: I couldn’t agree more.
warrior-sailormoon Johnnie Worker: I couldn’t agree more.
73243865 : Strangely, in this useful story, why didn't a Feng Shui master surpass Buffett?
I'm not kikan; I'm really curious. Feng Shui is extremely lucky, so why can't I surpass Buffett?
Does Buffett also rely on Feng Shui?
Johnnie WorkerOP 73243865: This is to aid in making choices. The return on investment mainly comes from stock selection. Buffett is very good at picking stocks
Johnnie WorkerOP 73243865: If you look at Buffett's holdings, he can continue to outperform the S&P 500 for 30 years without trading, so the main source of income from Buffett's long-term investment is stock selection. Good company in the High Moat
102316293 : Praying to the eastern gods or western gods works better for investing?? Haven't tried it on investing.
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