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Yyhwin HK stock investment journal(update on random basis)

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Old 14-02-2018, 06:33 AM   #121
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https://www.bloomberg.com/gadfly/art...eck-out-the-ex

Just some interesting read about china investors' love towards HSBC:

The one thing Chinese investors have learned from black swan events like Brexit is that global market sell-offs present nice buying opportunities.

In the first two days of this week, they bought a record HK$16 billion ($2 billion) net of Hong Kong shares through the connect programs that link the city's market with the Shanghai and Shenzhen stock exchanges, unfazed by the Dow's worst intraday points plunge in history.

Buying the Dip
Mainland investors bought a net more than HK$16 billion of Hong Kong shares on Monday and Tuesday.

Source: Bloomberg
The target of their interest may surprise some, though. Mainland buyers didn't bottom-fish their beloved Tencent Holdings Ltd., or pile into the fattening bond yields of the largest domestic banks. They went for HSBC Holdings Plc, purchasing a net more than HK$5 billion of stock. Through the connect, Chinese investors now own 5.7 percent of HSBC's shares, up from 2.3 percent last March, according to data collected by Hong Kong Exchanges & Clearing Ltd.


To be sure, some of the buying can be attributed to the impressive performance of the London-based bank's stock, which returned about 88 percent from its post-Brexit-vote trough in June 2016 through Tuesday. Then again, China Construction Bank Corp.'s 77 percent return isn't too shabby either. So why do they love HSBC so much?

The answer is good corporate governance, and HSBC's long track record of caring for shareholders. Throughout 2015 and 2016, sell-side analysts muttered about whether the British bank could maintain its generous dividends. But even as it posted losses and cut jobs, HSBC didn't hurt small investors by reducing payouts.

Compare that with the horror stories unfolding in China
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Old 14-02-2018, 07:23 AM   #122
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Hmm what is the dividend yield of HSBC now? 5%?
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Old 14-02-2018, 08:03 AM   #123
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4 dollars hkd per year, current price around 80, do dividend withholding tax, around 5 %.

Hmm what is the dividend yield of HSBC now? 5%?
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Old 14-02-2018, 08:15 AM   #124
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4 dollars hkd per year, current price around 80, do dividend withholding tax, around 5 %.
why don't buy other banks like Bank of China or Agricultural bank of china ? their yield only around 4% but because the price is much lower, there is more room for growth too compared to HSBC ?
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Old 14-02-2018, 08:27 AM   #125
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Bank of china not so good in my opinion.
H shares dividend need to pay 10 % withholding tax.

why don't buy other banks like Bank of China or Agricultural bank of china ? their yield only around 4% but because the price is much lower, there is more room for growth too compared to HSBC ?
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Old 14-02-2018, 08:29 AM   #126
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why don't buy other banks like Bank of China or Agricultural bank of china ? their yield only around 4% but because the price is much lower, there is more room for growth too compared to HSBC ?
Was looking at ABC, state own banks. Damn that it moved so quickly...
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Old 14-02-2018, 08:30 AM   #127
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Anyone here do trading using rsi? I realize for Hong Kong market rsi tends to be very accurate.
Good to know.
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Old 14-02-2018, 08:33 AM   #128
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Hk market up down also very fast, but long run, up a lot.

Was looking at ABC, state own banks. Damn that it moved so quickly...
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Old 14-02-2018, 08:44 AM   #129
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Normally up after Chinese New Year, not sure if this year follow.

Good to know.
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Old 14-02-2018, 08:48 AM   #130
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Bank of china not so good in my opinion.
H shares dividend need to pay 10 % withholding tax.
i thought all H shares dividend must pay witholding tax of 10%? not just BOC right?
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Old 14-02-2018, 08:49 AM   #131
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Yeah, what I trying to say is bank of
China sell all south east Asia assets to bank of china Hong Kong. So bank of china Hong Kong is better now, but lower yield due to better asset quality.

All H shares need to pay 10 % dividend withholding tax.

i thought all H shares dividend must pay witholding tax of 10%? not just BOC right?
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Old 14-02-2018, 02:46 PM   #132
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Was looking at ABC, state own banks. Damn that it moved so quickly...
still got a lot of room for growth if u are holding it for 10-20 yrs or more...
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Old 14-02-2018, 02:47 PM   #133
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Normally banks earnings rise a lot in rising interest rate environment. Furthermore, currently bad debt issue has been greatly reduced.

still got a lot of room for growth if u are holding it for 10-20 yrs or more...
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Old 15-02-2018, 08:30 AM   #134
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Anyone here do trading using rsi? I realize for Hong Kong market rsi tends to be very accurate.
u done backtest liao? what is the win rate? what is the CAGR returns??
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Old 15-02-2018, 08:57 AM   #135
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You are right. I need to test it.
Thanks for the reminder.
Coz now I just paper trade using this method, means trade in my mind, I never really execute it.

u done backtest liao? what is the win rate? what is the CAGR returns??
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