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makemoonies
commented on
$BABA-SW(09988.HK$ gonna end red
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makemoonies
commented on
makemoonies
commented on
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makemoonies
commented on
$Hang Seng Index(800000.HK$ Congratulations to the Hang Seng Index for falling below a 52-week low
Translated
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makemoonies
commented on
$Lion-OCBC Sec HSTECH S(HST.SG$
Below 50 is likely and test all time low as the situation in China is very bad. Most Chinese are tightening their belts because the huge drop in property prices. Mosr experienced 30% to 70% drop in property value and they cannot sell as they would need to top up cash. China cannot depend on internal consumption as people are unwilling to spend. Nevertheless, current prices are under value. The issue is we don't know how long it will remain under value.
Below 50 is likely and test all time low as the situation in China is very bad. Most Chinese are tightening their belts because the huge drop in property prices. Mosr experienced 30% to 70% drop in property value and they cannot sell as they would need to top up cash. China cannot depend on internal consumption as people are unwilling to spend. Nevertheless, current prices are under value. The issue is we don't know how long it will remain under value.
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makemoonies
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$Hang Seng Index(800000.HK$ retesting 52w lows of ~15970, must see if it holds..
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makemoonies
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$BABA-SW(09988.HK$ Just set an alert on the historical low price.. I will start buying when it reaches there. Not too far from 52wk low...
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makemoonies
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$HSI Futures(MAY4)(HSImain.HK$
shorted 16144
shorted 16144
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