小寶寶
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Exports +10.3% y/y, Prev. +3.8%
Imports +6.7% y/y, Prev. +1.6%v
Trade balance at $125.16 bln in USD term
Exports +7.1% y/y, Est. +1.9%
Imports +3.5% y/y, Est. +1.5%
China exported and imported 6.61 trillion yuan(+8.7% y/y) of goods in yuan term or $930.86 bln(+5.5% y/y) in USD term in January and February.
China's Jan-Feb trade with
ASEAN +8.1% y/y to 0.993 trillion yuan
EU -1.3% y/y to 0.832 trillion yuan
US +3.7% y/y to 0.707 trillion yu...
Imports +6.7% y/y, Prev. +1.6%v
Trade balance at $125.16 bln in USD term
Exports +7.1% y/y, Est. +1.9%
Imports +3.5% y/y, Est. +1.5%
China exported and imported 6.61 trillion yuan(+8.7% y/y) of goods in yuan term or $930.86 bln(+5.5% y/y) in USD term in January and February.
China's Jan-Feb trade with
ASEAN +8.1% y/y to 0.993 trillion yuan
EU -1.3% y/y to 0.832 trillion yuan
US +3.7% y/y to 0.707 trillion yu...
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小寶寶
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$BABA-SW(09988.HK$ $120.00 please please 😉 抖龙抖龙 🙏😸
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小寶寶
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$Alibaba(BABA.US$ US found China government has stake in Alibaba. China like any other country with a sovereign funds invest in stocks, of course they will invest big on its own company. That has probsbly nothing to do with control. a government doesn't need to have a stake to control its own companies. It really a non brainer news. But on the other hand, if the Chinese government funds has stake in home company, that could meant the company is unlikely to fail. It is likely a safe investment.
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小寶寶
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$Alibaba(BABA.US$ @9027 @trading the day ignorance will only get you this far... Happy to be a long term investor in alibaba
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小寶寶
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Deposited another $200. Just to close the topic with Alibaba and Chinese stock market. Last week, I visited seminar organized by UBS. Their main comment on Chinese economy and Chinese stock market was that consumption has not recovered since COVID-19. People are not spending as much as they spent before COVID + high unemployment ratio. As per UBS assessment, it could take another 2-3 years to fully recover 🤷♂️
But, as a long-term investor, I’m not looking at current price fl...
But, as a long-term investor, I’m not looking at current price fl...
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$Alibaba(BABA.US$ No long no gain, short position is for overpriced stock, not for low stock price ☺️
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小寶寶
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$BABA-SW(09988.HK$ smart money are eventually flowing into Chinese equities. Just be patient if you wanna see 2x-3x profit from here. Always be there for the stock even during bad times
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小寶寶
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$Alibaba(BABA.US$ good start to the dragon year in the HK market particularly. Let's keep this momentum going
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小寶寶
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$Alibaba(BABA.US$ basically, why chinese stocks are cheap? Because China is having deflation. Meaning to say prices of goods and services are getting lower and lower, which in turn slashes corporate profits and guidance. Thus you see the likes of baba, Tencent trading at extreme cheap valuations that's hardly witnessed before. But what's even more interesting is that export prices reaches a level that was last visited in the 2008-2009 financial crisis. And when it touches that level, it eventua...
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