Hello everyone, I'm Lao Li.
Today the index rose crazy, the Hang Seng Index and the Hang Seng Technology Index opened high hit the mark, long-lost feeling, the market has been depressed for so long, give some hope is also normal.
This market can not always rise and can not always fall, just as we worry about whether we can in the record low Hang Seng Index, finally ushered in a violent rebound, after all, is the death of the after-effects, this long-suffering market long time, not sooner or later, everything just good.
Hong Kong stocks performed well today, outperforming major global markets. I think it's a very clear bottoming signal.
Looking back, why did the Hang Seng Index fall so much?
First, repeated outbreaks have repeatedly hit Hong Kong's tourism and trade industries.
Second, in the Hang Seng Technology Index, the proportion of the Internet is very heavy, Tencent, Ali, the United States and other weighting stocks seriously killed down.
Third, the real estate industry strong supervision, to Evergrande as the representative of a large wave of domestic housing stocks continued to plummet, seriously affecting market confidence.
Fourth, the European and American stock market correction, part of the withdrawal of offshore funds,
Together, these four factors have led to the Hang Seng Index falling below its lowest level in September last year and towards its lowest level since the financial turmoil in March last year.
So much so that the Hang Seng index has been the world's worst performing major index this year, but in recent trading days (except yesterday) it has fared significantly better than the US and European stock markets.
So much so that the Hang Seng index has been the world's worst performing major index this year, but in recent trading days (except yesterday) it has fared significantly better than the US and European stock markets.
The Hang Seng Index has a bottoming signal from the trend, so what about the fundamentals?
First, about the outbreak.
On the issue of port development in Hong Kong, conclusions have also been drawn recently
The Hong Kong version of the health code landed, and was not affected by Omick.
So I think the smaller the impact of the future outbreak, the more optimistic it will become.
Second, with regard to the China General Unit,
I have sent comments on the Internet giants in China, has clearly expressed my views, here will not say.
Third, strong regulation of the real estate industry.
Although the trend of real estate stocks is hard to say, but over time, the trend of policy will only be good. As long as there is no bad news, it is good news.
And real estate enterprises also have a clear relaxation of debt issuance, and the market for real estate panic has eased, the enthusiasm to take land gradually increased. Sales figures finally started to pick up after the October freeze.
Officially start today's rematch
On the technical level of the Hang Seng Index, the daily line has shown signs of stopping the decline, but the real reversal has not yet appeared, waiting for tomorrow's rebound 24000-24300 test pressure mainly.
stock aspect
$TENCENT(00700.HK)$ Tencent today is and the index rebound, short-term back to the bull channel above, but need to see if it can stand still, Tencent's structure here is not easy to catch up, need to wait for the trend to become clear after the low-absorption opportunities.
$BYD COMPANY(01211.HK)$  BYD early high down, afternoon and large market resonance higher, technical level trend line support 280 belongs to BYD's strong support, short-term trend structure belongs to the interval shock, if the fall does not break 280 can choose low suction, upper pressure 320, the large direction did not appear before, can choose to do T in this interval.
$SMIC(00981.HK)$ SMIC today returned to the box range, said yesterday, this year's consolidation time has been long enough, and next year's plant start is expected to be very high, as long as tomorrow stand steady 21 yuan, that yesterday's fall can be said to be the last fall after the fall, waiting for the rebound to break through 24 yuan, open up the rising space.
$BABA-SW(09988.HK)$  $MEITUAN-W(03690.HK)$  $XIAOMI-W(01810.HK)$

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As always, this should not be construed as any investment or trading advice.
$Tesla(TSLA.US)$ $DiDi Global (Delisted)(DIDI.US)$ $IFAST(AIY.SG)$ $Hang Seng TECH Index(800700.HK)$ $SINGAPORE TELECOMMUNICATIONS NEW ADR-EACH REPR 10 ORD CDI NPV(SGAPY.US)$ $Wilmar Intl(F34.SG)$ $Alibaba(BABA.US)$ $XIAOMI-W(01810.HK)$ $BILIBILI-W(09626.HK)$ $KUAISHOU-W(01024.HK)$ $NetEase(NTES.US)$ $TENCENT(00700.HK)$ $Razer Inc.(01337.HK)$ $MEITUAN-W(03690.HK)$ $PDD Holdings(PDD.US)$ $Meta Platforms(FB.US)$ $Microsoft(MSFT.US)$ $Apple(AAPL.US)$ $Starbucks(SBUX.US)$ $Moderna(MRNA.US)$ $Top Glove(BVA.SG)$ $JD-SW(09618.HK)$ $Teladoc Health(TDOC.US)$ $Upstart(UPST.US)$ $Zillow-C(Z.US)$

Recently, metaverse has become the hottest topic to which mooers are paying close attention. Standing on the cusp of virtual social networking, social media giant Facebook has changed its name to lead the latest trend. $Meta Platforms(FB.US)$ Events are happening every day in moomoo. Which trends are mooers riding?
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Let's get together to brainstorm and choose a new trending name for @moomoo Academy. Here, we have three proposals:
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2. moomoo Idea
Collect every idea you have when you are investing, and finally, construct your unique investment logic. Here, we are presenting the investment insights shared by you, our dear friends.
3. mooers Strategy
Share your investment strategies and experiences with all mooers so that beginners can learn from the experienced and mooers can interact with their counterparts. You are improving as you are communicating.
Hunting moment! Cast your precious vote in the name-changing survey of @moomoo Academy.
We are calling on mooers to be part of the name changing event and become the content producers of the new account. Name changing is so cool, and we want you to be part of it. Please remember that all suggestions are welcome and appreciated.
If you have a better name, please leave it in the comment below!

$HSBC HOLDINGS(00005.HK)$
looking to buy back in the 44-44.50 region. 🙌

$Roku Inc(ROKU.US)$
time to buy some for short time frame gains (1week), super low RSI (day & weekyly time frame) is a good entry price for rebounce soon

$XIAOMI-W(01810.HK)$ Xiaomi has so much potential and yet so undervalued by the market
https://www.gizchina.com/2021/11/05/xiaomi-is-on-fire-makes-over-1-5-billion-in-five-days/amp/