237.19BMarket Cap8.02P/E (TTM)
42.75High40.55Low980.64KlotVolume41.00Open40.51Pre Close4.11BTurnover1.76%Turnover Ratio8.17P/E (Static)5.63BShares42.7552wk High1.95P/B235.16BFloat Cap30.7852wk Low44.56Limit Up5.58BShs Float61.79Historical High36.46Limit Down5.43%Amplitude-18.77Historical Low1.00Dividend TTM41.91Avg Price369.35KlotAsk2.37%Div YieldTTM100Lot Size571.97KlotBid
Gree Electric Appliances,Inc.of Zhuhai Stock Forum
JD: 23% More Brands Surpass RMB100M Sales in 10 Mins of '618' Festival Launch
More than 60% of new merchants' 10-minute sales exceeded the daily average in May, while nearly 50% of small and medium-sized me...
ColumnsDecember 2022 total retail sales of consumer goods review: annual nominal year-on-year -0.2%, looking forward to consumption revival
Please help🙏
ColumnsChinese Property Debt Risk: Any Concerns or liquidity crisis in China?
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
Well we all know that Evergrande debt saga has thrown the property developers in China into the limelight.
Non- Chinese Financial Media has been "slamming" that the China is going to undergo a big liquidity crisis triggered by the property markets. Shortly after Evergrande saga, Kaisa also reported potential liquidity issues. But we should know that there was once a SOE company default back in 2015/2016... During that time, China's stock market crashed badly with Shanghai and Shenzhen indexes suffered big haircut... I have produced a youtube video, of which the link is as follows:-
https://youtu.be/kk5cbPVjHeg
But this time round, the Chinese markets did not suffer and Renminbi did not depreciate. It even went on to appreciate strongly and head towards and breaching 6.4 going to 6.37 against USD... What a thing isnt it?
Now my prediction comes that China should come off unscathed... well at least China's funding still remains adequate and with vast foreign reserves and an appreciating RMB, China is doing well..
Whats more, with all the deleveraging that it has been doing for the past few years, US and Europe have been on liquidity "high" with lots of QE.. This has bought China alot of time and coming into last month of 2021 and heading into 2022, I saw a news that Premier Lee Keqiang of China has mentioned that there is a possibility for China to lower its rate!
This is a good news for businesses in China, particularly financials and even the hard tech and consumers. Whats more, I have also seen news that semiconductors firms are reducing the component prices for its buyers! Another good news for the Chinese hard tech manufactures, which sell products to the consumers.
Has Xiaomi truly bottomed out at 19 HKD? This is still pending to broad market conditions but I do think that as long as the support of 19 HKD can be supported, it can avoid a downleg and breaks back above 20 HKD... Even Haier Smarthome has been doing well this week, having broken above 30 HKD.
As always, the above should not be construed as any investment or trading advice.
$XIAOMI-W(01810.HK)$$Haier Smart Home(600690.SH)$$HAIER SMARTHOME(06690.HK)$$GOME RETAIL(00493.HK)$$Gree Electric Appliances,Inc.of Zhuhai(000651.SZ)$$COUNTRY GARDEN(02007.HK)$$CITIC SEC(06030.HK)$
It looks like there will be a big market ahead of the Spring Festival, unusual, unusual.
Next have to seize the time, good to find the plate, lithium battery, photovoltaic, military, DO not know who is leading this wave of big market.$Ping An Bank(000001.SZ)$$GEM Co.,Ltd.(002340.SZ)$$Gree Electric Appliances,Inc.of Zhuhai(000651.SZ)$
GREE is building the 5G unmanned factory
$Gree Electric Appliances,Inc.of Zhuhai(000651.SZ)$
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