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Entry Level PC 23-07-2020 11:21 AM

Quote:

Originally Posted by reddevil0728 (Post 128646318)
You are talking about adoption there, but now volume.

China is still not a very consumer spending focus economy

Total GDP wise not yet.
But China E-Commerce quite big already.

reddevil0728 23-07-2020 11:23 AM

Quote:

Originally Posted by Entry Level PC (Post 128646428)
Total GDP wise not yet.
But China E-Commerce quite big already.

that can also be said of the us. then like that the US no more growth opportunity?

Entry Level PC 23-07-2020 11:28 AM

Quote:

Originally Posted by reddevil0728 (Post 128646481)
that can also be said of the us. then like that the US no more growth opportunity?

Yup, you realize the growth opportunities are outside of US not within US?
Otherwise, US companies no need to invest in CN liao.

reddevil0728 23-07-2020 11:34 AM

Quote:

Originally Posted by Entry Level PC (Post 128646558)
Yup, you realize the growth opportunities are outside of US not within US?
Otherwise, US companies no need to invest in CN liao.

yea so for now there is still a lot of untapped volume within china itself no?

u may have 1.3bil ppl using the platform, but they are only spend $1 a day. but there's still a lot of room for increase in consumer spending ma

Entry Level PC 23-07-2020 11:40 AM

Quote:

Originally Posted by reddevil0728 (Post 128646672)
yea so for now there is still a lot of untapped volume within china itself no?

u may have 1.3bil ppl using the platform, but they are only spend $1 a day. but there's still a lot of room for increase in consumer spending ma

Yes but in the long run (Min 10 years).
When China 2nd and 3rd Tier City Develops.
You want short term fast expansion need to go outside China.

reddevil0728 23-07-2020 11:42 AM

Quote:

Originally Posted by Entry Level PC (Post 128646787)
Yes but in the long run (Min 10 years).
When China 2nd and 3rd Tier City Develops.
You want short term fast expansion need to go outside China.

The world can change a lot in 10 years also. So bet on the 10 years first lor.

But of course DYODD

Entry Level PC 23-07-2020 11:50 AM

Quote:

Originally Posted by reddevil0728 (Post 128646828)
The world can change a lot in 10 years also. So bet on the 10 years first lor.

But of course DYODD

Yup,
All depends on your luck.
If I invested in Bitcoin when I was aware of it (30 cents per coin),
I would already have been a Millionaire and Retire liao.

ayuluv 23-07-2020 08:07 PM

Quote:

Originally Posted by reddevil0728 (Post 128646364)
You want to buy on which exchange?

I am considering FSMOne / POEMS

Or may i know is there a better choice? Thanks alot

ayuluv 23-07-2020 08:07 PM

Quote:

Originally Posted by Entry Level PC (Post 128646971)
Yup,
All depends on your luck.
If I invested in Bitcoin when I was aware of it (30 cents per coin),
I would already have been a Millionaire and Retire liao.

Yes I agree Luck plays a HUGE part when opportunity comes.

During my younger days, when people offer me BTC super cheap I told him "mai la.. scam lai de" LOL

reddevil0728 23-07-2020 08:42 PM

Quote:

Originally Posted by ayuluv (Post 128656287)
I am considering FSMOne / POEMS

Or may i know is there a better choice? Thanks alot

Ib can also consider

ayuluv 24-07-2020 12:16 AM

Quote:

Originally Posted by reddevil0728 (Post 128657019)
Ib can also consider

Thank you so much mate!

Btw may i know for IB should i just create an account from the dot com site or hk site? Not sure what are the difference.

HMAN 26-07-2020 11:01 PM

Quote:

Originally Posted by reddevil0728 (Post 128646672)
yea so for now there is still a lot of untapped volume within china itself no?

u may have 1.3bil ppl using the platform, but they are only spend $1 a day. but there's still a lot of room for increase in consumer spending ma

Alipay has expanded beyond China, you can find it in many countries , Japan, Malaysia, Singapore(not famous and difficult to use)....

For China alone, the consumer spending is crazy, not $1 a day for sure.
Even a road side fruit stall is accepting alipay and wechat pay. Not just young folks are using ewallet, the old folks there are using wechat/alipay.

Sent from Samsung SM-T830 using GAGT

reddevil0728 26-07-2020 11:14 PM

Quote:

Originally Posted by HMAN (Post 128723611)
Alipay has expanded beyond China, you can find it in many countries , Japan, Malaysia, Singapore(not famous and difficult to use)....

For China alone, the consumer spending is crazy, not $1 a day for sure.
Even a road side fruit stall is accepting alipay and wechat pay. Not just young folks are using ewallet, the old folks there are using wechat/alipay.

Sent from Samsung SM-T830 using GAGT

that's my pt

scudettoz7 26-07-2020 11:35 PM

When ipo sia

Han Shot First 31-10-2020 03:26 AM

Quote:

Originally Posted by scudettoz7 (Post 128724281)
When ipo sia

Hong Kong Public Offering commences at 9:00 a.m. on Tuesday, October 27, 2020.

Dealings in the H Shares on the Hong Kong Stock Exchange expected to commence at 9:00 a.m. on Thursday, November 5, 2020.


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