Back in beginning of April, I shared that China/HK stocks are showing sign of strength. On top of the policies that China government impose, charts have continuously formed higher low, and nearing a high - close to a breakout $3倍做多富時中國ETF-Direxion(YINN.US)$YINN - leveraged ETF of$中國大盤股ETF-iShares(FXI.US)$FXI, it tracks the big cap of China companies, have similar price movement but 3 times leveraged. I made my buying ...
Business production continues to accelerate. The production index stands at 52.9%, a rise of 0.7 percentage points from the previous month, the highest since April 2023, indicating a slight acceleration in the expansion of manufacturing enterprises. The new order index is at 51.1%, a decrease of 1.9 percentage points from the previous month, but still within the expansion zone, indicating that the market demand for manufacturing continues to recover. Looking at external ...
Deposited another $210. Decided to add META$Meta Platforms(META.US)$shares in my portfolio after recent drop in share price. Based on my assessment, META is still significantly undervalued even after recent significant growth.
Momentum Trader : 不錯... 長中和香港 2024 年!
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