Shiraz M
liked
$BYD COMPANY (01211.HK)$ my average of 85 has been breached..waitin 70 to add…u dare to drop, i dare to buy..haha
2
2
Shiraz M
liked
Hong Kong stocks finally delivered an encouraging three-day rally. Last Thursday (May 28), on settlement day, $Hang Seng Index (800000.HK)$ the market plunged below the 25,000 mark, dropping more than 600 points at one point to a new intraday low of 24,727. While Asia-Pacific and U.S. markets kept hitting record highs, Hong Kong stocks broke to new lows, sparking widespread frustration among investors. Yet the saying goes: ‘Fear marks the bottom; despair signals a turning point.’ After extreme pessimism, the Hang Seng Index held firm above the 25,000 level early this week and, today (June 2), surged further on the back of $TENCENT (00700.HK)$ positive news, climbing nearly 400 points at one point, with the intraday high reaching 25,812 as of midday.
This rebound has been led primarily by a group of major tech giants.
Tencent (0700.HK), once the market darling but recently extremely weak, had been so persistently battered that it was nearly relegated to ‘neglected stock’ status. However, after hitting rock bottom, good news emerged today, propelling it to surge over 7%, with an intraday high of HK$472, driving $Hang Seng TECH Index (800700.HK)$ a broader rally of up to 3.4% in heavyweights, briefly sending the Hang Seng Index soaring nearly 400 points. This rebound, spearheaded by key index heavyweights, has injected long-lost confidence into the market; $MEITUAN-W (03690.HK)$ upward momentum around earnings announcements also lifted the previously sluggish sentiment, pushing the Hang Seng Tech Index back above the 5,000 mark.
Aside from Tencent, other previously underperforming tech leaders have also shown strong signs of recovery. $BABA-W (09988.HK)$...
This rebound has been led primarily by a group of major tech giants.
Tencent (0700.HK), once the market darling but recently extremely weak, had been so persistently battered that it was nearly relegated to ‘neglected stock’ status. However, after hitting rock bottom, good news emerged today, propelling it to surge over 7%, with an intraday high of HK$472, driving $Hang Seng TECH Index (800700.HK)$ a broader rally of up to 3.4% in heavyweights, briefly sending the Hang Seng Index soaring nearly 400 points. This rebound, spearheaded by key index heavyweights, has injected long-lost confidence into the market; $MEITUAN-W (03690.HK)$ upward momentum around earnings announcements also lifted the previously sluggish sentiment, pushing the Hang Seng Tech Index back above the 5,000 mark.
Aside from Tencent, other previously underperforming tech leaders have also shown strong signs of recovery. $BABA-W (09988.HK)$...
Translated
+2
27
1
Shiraz M
liked

2
Shiraz M
liked
Shiraz M
commented on
6
Shiraz M
commented on
$Genting Sing (G13.SG)$ Why did the closing price change to 685 the day before yesterday?
Translated
1
9
Shiraz M
commented on
$Genting Sing (G13.SG)$ Ex date 30 Apr
2
5
Shiraz M
commented on
$Genting Sing (G13.SG)$ After consolidating below 7 dollars for over a month, Genting Singapore has finally started to rebound.
Translated
4
4

![[empty]](https://static.moomoo.com/node_futunn_nnq/assets/images/folder.5c37692712.png)
![[error]](https://static.moomoo.com/node_futunn_nnq/assets/images/no-network.991ae8055c.png)