China & hk stocks/ etfs

[elvintay07]

That is about S$133K in baba? So much money, if up a little above the price he bought will huat.

I have nothing against Alibaba but if you have worked in China for a while, you will know that a lot of companies kept 2 set of books. Alibaba at the P/E of 10+ whereas Amazon is 60+. I think quite difficult for me to believe the attractiveness of Alibaba. To hit a P/E of 20 is possible provided people are convinced that their "books are correct"

If today you put a knife to my neck, I only believe the AMDK companies. I really sceptical the Chinese can grow their revenue/ profit at such a rate...

 

[pcuser123]

Sifu master Leong so funny’. 9000 shares of Alibaba hk and 40 shares of sea limited
The way he say huat, machiam got 900,000 shares of Alibaba hk and 100,000 shares of Sea. 40 shares of sea huat simi

That was in June when the video was made.... Now can forget.

 

[elvintay07]

That was in June when the video was made.... Now can forget.

Based on this, Alibaba crashing

 

[stanlawj]

China Eastern Airlines order 100 Comac C919 jets.

https://www.bloomberg.com/news/arti...egrown-comac-jets-worth-9-9-billion#xj4y7vzkg

C919 came first, then Huawei 7nm chip!

 

[elvintay07]

Simei power…Adam Khoo and Chi Keng. Piranha profits the New Berkshire Hathaway?

 

[elvintay07]

China Eastern Airlines order 100 Comac C919 jets.

https://www.bloomberg.com/news/arti...egrown-comac-jets-worth-9-9-billion#xj4y7vzkg

C919 came first, then Huawei 7nm chip!

I just sold off all my bank of china, icbc stocks I used to like china airlines due to their chio bu and cheap business class tickets. Time to avoid

 

[stanlawj]

I just sold off all my bank of china, icbc stocks I used to like china airlines due to their chio bu and cheap business class tickets. Time to avoid

I didn't recommend any stock to buy. But i was pointing out the industrial orders will lead China out of recession.
Not the airlines, banks or property sector.

 

[elvintay07]

I didn't recommend any stock to buy. But i was pointing out the industrial orders will lead China out of recession.
Not the airlines, banks or property sector.

All these left to right pocket. I think doesn’t make business sense one la. Ownself clap for ownself

 

[stanlawj]

All these left to right pocket. I think doesn’t make business sense one la. Ownself clap for ownself

isn't it called: "INTERNAL CIRCULATION"??
It is suppose to be the next driver.

https://en.wikipedia.org/wiki/Dual_circulation

 

[pcuser123]

China Eastern Airlines order 100 Comac C919 jets.

https://www.bloomberg.com/news/arti...egrown-comac-jets-worth-9-9-billion#xj4y7vzkg

C919 came first, then Huawei 7nm chip!

The ordering of planes is one test. The other test is whether the passengers are willing to take the plane. Boeing had the advantage of making war planes during World War II. Their first commercial plane, Boeing 707 rolled out at the end of 50's.

 

[stanlawj]

https://www.businesstimes.com.sg/in...proved-further-september-satellite-data-shows

China economy improved further in September, satellite data shows​

HINA’S economy showed signs of a stronger recovery in September, according to a firm analysing the global economy using satellite data.

Activity around Chinese shopping malls remained at relatively high levels in September following an increase in August, according to SpaceKnow, a US company that analyses satellite images. A pickup in cement manufacturing, which began in June, was also sustained through this month, the data show.

“We are in the ‘early signs of recovery’ team,” said Jan Pintera, an economist at SpaceKnow. He said satellite imagery showed a “positive direction for the Chinese construction sector” and “renewed consumer confidence”.

 

[stanlawj]

In case this wasn't obvious to you all: Middle East Arabs are solidly backing China.

 

[stanlawj]

Today is Friday. Short sellers cover their shorts to close flat for the weekend. Same as Fri 22 Sept, Fri 15 Sept.

Not much change so far with the regular shortselling on top of lack of strong buying demand.

 

[pcuser123]

https://www.bloomberg.com/news/arti...firm-from-leaving-mainland-wsj-says#xj4y7vzkg

 

[pcuser123]

China's leverage ratio is increasing again according to the CEIC data

 

[stanlawj]

Sept shows small improvement in NBS stats.

 

[churnmaster]

Market expecting some stimulus announcements during this week long holiday period in China.

If HSI can consolidate in the 17200 to 18200 range for 3-4 weeks, then it will appear constructive.

 

[stanlawj]

China Beige Book: Still no sight of a floor in property sector.

Caixin PMI vs NBS PMI: Recovery limited to selected sectors.

 

[thretiredDad]

#US Senate Majority Leader Chuck Schumer leading a bipartisan congressional delegation arrived in #China on Sat, kicking off a series of meetings amid rising bilateral tensions.

 

[peterchan75]

#US Senate Majority Leader Chuck Schumer leading a bipartisan congressional delegation arrived in #China on Sat, kicking off a series of meetings amid rising bilateral tensions.

Blinken, Yellen, Raimondo, and Kissenger(old friend) went to China. Any positive outcome from these visits? None. What can Schumer do to have positive outcome?