My youtube channel:
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
Did the value investors come in to buy the dip for companies like Xiaomi? Xiaomi at one point this morning hit 17.5 HKD, which is only 0.5 HKD above its IPO price of 17 HKD. I just recalled the recent live event hosted by Lei Jun, Xiaomi's cofounder, who said that he aimed to have Xiaomi investors to earn at least 100% based on their IPO price. That was being mentioned on 2Q2021 EARNING CONFERENCE, but since then Xiaomi's price has fallen for close to 4 months from 28.6 HKD all the way to a low of 17.5 HKD this morning.
So what was the reason for the rise today? Lenovo too also had a remarkable jump of around 5%... No specific reason or intentional efforts by me to search for the reason for the rise today.. It could be a normal rebound after a sharp fall by Xiaomi and Lenovo yesterday.
Or did the Chinese authorities finally see through the intention of the shortsellers and come in to support their tech stocks (aka hard tech companies here) to at least bring back some confidence? This I wouldnt know exactly but to me, shortselling Xiaomi today is going against a strong train today... at least this is for the day today..
Also, I would have to mention that people have to stop attaching the 8 HKD price tag that Xiaomi had gotten during the COVID march 2020 time date... Why? Xiaomi has gained further strength since then and is a much bigger company within these 2 years timeframe...
While I certainly do not know where is the bottom, trying to aim a bottom price to make purchase would not be a good strategy for me.. I as usual have bought in small volume whenever the price turns even more attractive.. Will Omicron kill consumption? It may damp interest for consuming for maybe awhile but it cannot damp thirst for spending in the long run.
As always, this should not be construed as any investment or trading advice.
$Hang Seng Index(800000.HK)$ $Lenovo(05562.HK)$ $XIAOMI-W(01810.HK)$ $KINGDEE INT'L(00268.HK)$ $Meituan(ADR)(MPNGF.US)$ $MEITUAN-W(03690.HK)$ $PDD Holdings(PDD.US)$ $JD-SW(09618.HK)$

$GENTING HK(00678.HK)$ Cruise business is turning better, price should go up too

$GENTING HK(00678.HK)$ don’t fear, it will going up.

China is a huge market with enormous potential. They have very good and large companies that can rival US firms. Personally, I believe there are big growths and opportunities in Chinese stocks.
That said, I opine that for those who choose to start your journey of investment in Chinese stocks or choose to remain invested in them, you must be able to:
1) Be in for long term. Think 5 years, 8 years, 10 years etc. It’s a marathon, not a sprint.
2) Accept the high volatility due to regulatory pressures.
3) Be mentally prepared for Murphy’s Law - anything that can go wrong, will go wrong.
4) More importantly, invest only what you can afford to lose.
If you can stick to the above, and weather the current storm, the potential flip side / upside would be high returns from these beaten-down cheap stocks - like a sleeping giant (bull) waiting to be awaken and unleashed.
Short term fluctuations do not change the long term positive outlook. Not financial advice though. DYDD and invest safely.
$Alibaba(BABA.US)$ 
$BABA-SW(09988.HK)$ 
$JD.com(JD.US)$ 
$NIO Inc(NIO.US)$ 
$XPeng(XPEV.US)$ 
$BYD COMPANY(01211.HK)$ 
$Li Auto(LI.US)$ 
$Baidu(BIDU.US)$ 
$Bilibili(BILI.US)$ 
$TENCENT(00700.HK)$ 
$PDD Holdings(PDD.US)$ 
$Futu Holdings Ltd(FUTU.US)$ 

In this trade review of $Asana(ASAN.US)$ , you will find out one of the common problems in trading — after getting stopped out, the stock still continued to trend higher. If you tend to experience this issue quite often, you will need to find out the truth about stop hunting especially when trading the breakout entry.
Once you understand the rationale behind, you are unlikely to get stopped out again. This video is extracted from my Weekly Live session on 31 Oct 2021.
Watch the video below

Shares of $Alibaba(BABA.US)$ , $JD.com(JD.US)$ , $Tencent(TCEHY.US)$ , $Baidu(BIDU.US)$ and $Li Auto(LI.US)$  rose in Hong Kong on Monday, while $XPeng(XPEV.US)$ traded lower.
What’s Moving: Chinese e-commerce giant Alibaba’s shares have gained almost 2.2% to HKD 131.90 in Hong Kong, while peer JD.Com’s shares have risen 2.0% to HKD 353.00 and tech conglomerate Tencent’s shares have advanced 1.0% to HKD 468.Technology company Baidu’s shares are up 1.7% to HKD 150.20.Electric vehicle maker Li Auto’s shares have risen 3.5% to HKD 128.90, while peer Xpeng’s shares have lost almost 1% to HKD 204.20.Hong Kong’s benchmark Hang Seng Index opened lower on Monday and was down 0.5% at the time of writing. The index closed almost 2.7% lower on Friday. 
Why Is It Moving? The Hang Seng Index extended losses amid worries about a crackdown by regulators on Macau casino operators.Shares of Sun Entertainment Group Limited tumbled almost 24% after controlling shareholder Alvin Chau Cheok-wa was arrested for alleged illegal gambling operations, Bloomberg reported.
Shares of Chinese companies closed mostly lower in U.S. trading on Friday after the major averages in the U.S. ended sharply lower amid worries about the impact of the recently discovered Omicron coronavirus strain on the global economy.

$Sea(SE.US)$ by right, should follow other ecommerce and gaming stocks to rise . $eBay(EBAY.US)$  $Amazon(AMZN.US)$  $Shopify(SHOP.US)$  $MercadoLibre(MELI.US)$  $Roblox(RBLX.US)$

$DiDi Global (Delisted)(DIDI.US)$ regret never go in yesterday