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Selected Gelonghui Announcements | Beifang Huachuang: 2023 revenue of 22.089 billion yuan reached a record high, net profit of 3,899 billion yuan increased 65.73% year over year; Cyrus: Revenue of 26.561 billion yuan for the first quarter increased 421.76
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Gelonghui FinanceApr 29 11:16 ET
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MT NewswiresApr 29 05:39 ET
BOE Technology Group Company Limited (SZSE:000725) Shares Could Be 49% Below Their Intrinsic Value Estimate
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Simply Wall StApr 29 03:49 ET
Xiaomi EV Sees 10,000th Mass-produced SU7 Roll off Line
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CnEVPostApr 28 23:06 ET
ZTE Scoops 2023 Climate Leadership Award (A List)
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PR NewswireApr 28 22:57 ET
Foxconn Industrial Internet's (SHSE:601138) 25% CAGR Outpaced the Company's Earnings Growth Over the Same Three-year Period
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Simply Wall StApr 28 22:44 ET
102640653 : How long do u think the China market sell off will last . Look to me a bottom has been place around 17620-17650 zone . Will it hold. I don’t know. But it is dangerous here to play around without any knowledge of technical indicators. What u thinks. Thanks for feedback.
102640653 : The sse composite index have a gap at 3085-3089 zone . Look like it will fill it up today . Will this hold or move down further is anyone guess. Fingers crossed I’m betting that it will hold n eventually China markets may just start to run up as soon as possible. It’s been long accumulation going on for past few months n it’s ripe time. Following heavyweight n most r either at their support or near the Low. Indicators showing oversold for some already but in bear market it may overextend. Now it’s just a valuation call . U find it cheap hold it n keep it . It’s a treasure u r finding at these level. Goodluck friend. Your views n further technical on Alibaba . It hit hkd 82.5 . There is a gap in usd at around 83 level which should fill today .
102640653 : There is a posing gap now on sse 3085-3086 zone
102640653 : If it fills I will be confident. Many people don’t follow gap theory . But I do .
102640653 : 25th august high was 3085.05 n low on 28th august was 3089.12 on sse . It really came back to test the gap after about 3 weeks which surprised me . I’m not good but I’ve come to know from a trader that it’s always safe to buy when the gaps r filled it will be much cheaper price u r going to pay
SpyderCallOP :
@102640653
Check it out
102640653 SpyderCallOP: Thanks a lot friend .
SpyderCallOP 102640653: No problem. Any time.
MonkeyGee : ha...That's what I ask myself everyday. Could it be today or tomorrow. This is the longest dip for Baba.
马化腾 : Have patience
SpyderCallOP :
@102640653
The Hang Seng will bounce eventually. When and where that happens, I'm not too sure at the moment.
The index is still well above 52-week lows, which looks good. But it really needs to rebound soon to stay above the short-term fibonacci levels.
Risky Investor : The next rally is here! Trip.com will blow it out of the water to further fuel the rally.
SpyderCallOP Risky Investor: a lot of people have been hyping up TCOM lately. Is there something that I missed? Why is TCOM getting so much attention??
Risky Investor SpyderCallOP: Nothing big, just that the earnings of Chinese tech companies have been very strong and the market has oversold and is due for a correction. We can't look at China in an oversimplified lense. The China economy is exhibiting a big divergence between general manufacturing and export vs. tech and services and EV. The general manufactoring may be gloomy, but assuming the same for global tech companies like Bidu and Alibaba... is too generalized.
SpyderCallOP Risky Investor: The Hang Seng tech index is performing much better than $Hang Seng Index (800000.HK)$
Silverbat : Inflation will be gone followed by transitional contraction of soft landing.
SpyderCallOP Silverbat:
A soft landing is what I see playing out on the economic data. I think the market is already pricing in the soft landing possibly. But I'm not certain on that.
One thing that could be a worry is if inflation falls too fast and for too long. this would be very bad for any economy.
Silverbat SpyderCallOP: CPI will be up again after Oct-Nov based on its annual cycle,another 0.5% hike?
73582006 : 前一段时间通货膨胀導致股票跳水
SpyderCallOP Silverbat: Who knows. Europe, UK, and Australia paused and then hiked again. They haven't signaled a pause yet. However, the Fed has signaled a decrease in interest rates going further, so it will take a big increase in inflation to change that narrative. But anything can happen in these crazy markets
SpyderCallOP : @102640653
I'm still bearish at the moment. I need to see more upside. But if there was a solid technical level to buy in, then the fib levels are great for that. I still need to see more upside
SpyderCallOP SpyderCallOP: I'm checking out tencent and baba. give me a few minutes for those
102640653 : Agreed I’m also waiting for the first zone to be broken 18550-18620. I am also looking at sse index as hangseng just closely follow its movement. It’s just like sse is leading its way n the rest of the index mainly china a50, hangseng follows together . Thanks .
102640653 : Just look at sse movement . Good movement with China a50 but hongkong slow to follow in afternoon .
102640653 : Usually in afternoon trade hangseng would be consolidating n after 3 will make some moves but today is exceptional. Something more is there . All the heavyweight r picking up again after lunch . Just keep. An eye open.
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