Youdao Stock Forum

$Youdao(DAO.US)$in Dip pos. up trend soon

$Youdao(DAO.US)$ no attention china education stock here

$New Oriental(EDU.US)$
In the morning, Education ETF $Bosera CSI Global China Education Theme ETF(QDII)(513360.SH)$rose by more than 2%. The turnover exceeded 39 million, the turnover rate exceeded 6%, and the trading was active.
Education stocks rose collectively, New Oriental online$EAST BUY(01797.HK)$ rose nearly 5%, Youdao $Youdao(DAO.US)$ led the rise by more than 8%, TAL $TAL Education(TAL.US)$ and Gaotu Techedu Inc. $Gaotu Techedu(GOTU.US)$ rose by more tha...

Upgrades
• $AmerisourceBergen(ABC.US)$ : Barclays Upgrades to Overweight from Equalweight - PT $182 (from $175)
• $Alignment Healthcare(ALHC.US)$ : BofA Securities Upgrades to Buy from Neutral - PT $14 (from $18)
• $The Cigna Group(CI.US)$ : BofA Securities Upgrades to Neutral from Underperform - PT $300 (from $265)
• $Canadian National Railway(CNI.US)$ : Evercore ISI Upgrades to Outperform from In Line
• $Youdao(DAO.US)$ : Citic Securities Upgrades to Buy from Neut...

$Youdao(DAO.US)$ this will be a “helping hand” to GameStop family. You could compare this stock to the chart movement of cryptocurrency… if you are bullish on crypto, buy call options. This chat will move by itself.
“The company is therefore projected to breakeven just over a year from today. How fast will the...

My Youtube channel: Hopehope赋予希望
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
China's Didi has been under pressure since the first few days after its IPO. Being on the wrong side of PRC authorities, it proceeded to list its company on US exchange despite not having the blessing of the cyberspace administration of China. Why not against the authoritiees?
If you read my articles on my views on Didi, you would have known that for any investment into the chinese tech stocks isnt that clear for a win until the Didi ruling is out. Well Jack Ma being out of the woods having been to Europe temporarily let markets perceive the end is near. Well it wasnt that wrong but Hang Seng Tech retesting a few times above 6700 before falling back to around 6100 doesnt look pretty. Range bound for HS Tech is here isnt it?
But not all is bad! With one of the major overhangs concerning Chinese tech stocks due to the unclear direction for Didi, at least seeing it being delisted and maybe relisted to Hong Kong isnt that bad. For delisting to be so near to the IPO in US, there is a good chance that Didi cannot underpay for this in a way of lowballing the IPO investors. There may be a chance that speculators may take the chance to punt a delisting price of 14 USD. Will they be right or wrong?
That I cannot say for sure...
All I can say is China has been clearing alot of roadblocks and one of the 2 big hurdles for the flurry of regulations was catalysed (i) by Jack Ma comments that banks are like pawnshops in China and (ii) another being Didi insisting its listing in US despite not being blessed by China's authorities...
For trading, one has to remain agile and know how to cut loss. For investment, one has to really play the long game by staying focused on the business fundamentals and have a clear understanding of the macro and regulatory environments not only in China but as well as in the whole world.
As always, this should not be construed as any investment or trading advice.
$Hang Seng Index(800000.HK)$$Hang Seng TECH Index(800700.HK)$$DiDi Global (Delisted)(DIDI.US)$$Youdao(DAO.US)$$NetEase(NTES.US)$$NTES-S(09999.HK)$$JD.com(JD.US)$$MEITUAN-W(03690.HK)$$BILIBILI-W(09626.HK)$$Bilibili(BILI.US)$$HAIER SMARTHOME(06690.HK)$$HUYA Inc(HUYA.US)$$UP Fintech(TIGR.US)$$XIAOMI-W(01810.HK)$$Alibaba(BABA.US)$$ALI PICTURES(01060.HK)$$Alibaba Group Holding(05843.HK)$$Futu Holdings Ltd(FUTU.US)$$TENCENT(00700.HK)$$BABA-SW(09988.HK)$$JOYY(YY.US)$