*Official* Hong Kong Stocks Discussion

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1. increasing profit margin with high demand for milk. target price 1.20 (entry at 1.01)

2. gaming industry will continue to grow in China. Tencent is huge, doesnt mean it cannot continue growing but i personally think there are more risks involved. CMGE is a safer bet and i place faith that the big names are interested in developing games around the IPs that CMGE are holding. Target price $4 (bought at 3.63)

3. Automobile industry will recover due to pent-up demand by consumers. Apart from Minth, can look at Yongda, Flat Glass, etc. although their boat might have already sailed. Target price = $30 (bought at 20.7)

thats my very basic analysis, hope i huat ah!

China Modern Diary HKD1.1 liao (10%)
Minth Group Limited HKD25 liao (25%)
All the best bro!
 

RedsYWNA

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Would a potential IPO for Tencent Pay be the next catalyst for Tencent, given how rumours of ANT IPO helped Baba to shoot up?

How about a potential dual listing for Baidu? Would that help its share price?
 
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Would a potential IPO for Tencent Pay be the next catalyst for Tencent, given how rumours of ANT IPO helped Baba to shoot up?

How about a potential dual listing for Baidu? Would that help its share price?

Answer = It depends on the Whales and Market Reaction.
 

3dfxplayer

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March I agree that it was not clear how long China would be under lockdown, a bit risky to buy. I bought mainly STI ETF in March.

But April China announced it was reopening its economy so I started loading up on China ETFs that contained their e-commerce stocks.

If China reopening economy wasn't a buy signal, then I don't know what sort of buy signal you are waiting for....

Here is my post from April:



https://forums.hardwarezone.com.sg/...ket-expectations-positioning-6183736-576.html

The trade is profitable but the investment thesis is not quite sound. The reason why e-commerce stocks are up is because COVID19 newsflow hasn't gotten any better, people are still social distancing, bars, restaurants, malls are still going bankrupt despite the economy "reopening".

But really the real reason why anything is even up at all is because central banks have been raining helicopter money, without which consumers would have no money to spend on goods and services, e-commerce or not.
 
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The trade is profitable but the investment thesis is not quite sound. The reason why e-commerce stocks are up is because COVID19 newsflow hasn't gotten any better, people are still social distancing, bars, restaurants, malls are still going bankrupt despite the economy "reopening".

But really the real reason why anything is even up at all is because central banks have been raining helicopter money, without which consumers would have no money to spend on goods and services, e-commerce or not.

They say the rise this week is due to China beefing up the Market.
 

kakashixx

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1. increasing profit margin with high demand for milk. target price 1.20 (entry at 1.01)

2. gaming industry will continue to grow in China. Tencent is huge, doesnt mean it cannot continue growing but i personally think there are more risks involved. CMGE is a safer bet and i place faith that the big names are interested in developing games around the IPs that CMGE are holding. Target price $4 (bought at 3.63)

3. Automobile industry will recover due to pent-up demand by consumers. Apart from Minth, can look at Yongda, Flat Glass, etc. although their boat might have already sailed. Target price = $30 (bought at 20.7)

thats my very basic analysis, hope i huat ah!

sold my Minth holdings at 23.1, smaller profit than i would wished. used the funds to enter SAIC Motor but thats a China stock. Anyway im still big on automobile industry recovering in H2.

meanwhile my other 2 holdings are bleeding. will just hold for now!
 

ayuluv

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May I know which online platform is good for buying Stocks from Hong Kong Stocks Exchange?
 

HMAN

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What is Hong Kong stock minimum purchase quantity ? 100 shares?

Sent from Samsung SM-T830 using GAGT
 
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