Lion-OCBC Securities Hang Seng TECH ETF

DevilPlate

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If break 80cts, everyone will start to say China tech stock undervalued and all forget about simi CCP liao

now still 50/50 whahahaha
 

churnmaster

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Tencent, NetEase shares plummet on new China online gaming guidelines​


  • Tencent shares tumbled by as much as nearly 15.7%, while NetEase plunged by as much as 28%
 

jywy2005

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Really no eyes see. Thought 60 cents is the lowest. Dunno should sell or cut loss. :eek:
 

TehSi99

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Really no eyes see. Thought 60 cents is the lowest. Dunno should sell or cut loss. :eek:


I have hold this ETF like 2 years ago. From $1+ it dropped to like 70-80 cts, and looks like going down because of CCP crackdown. I took the pain the cut loss. Very hard to decide because companies fundamentals at the time is still sound.

Looks like history repeats itself.

DYDD.
 

d5dude

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Revive investors' confidence and cracking down on gaming can be two different things.

Investing to him in China seems to be limited to only tech stocks.

It doesnt really matter if its any other business or sector, the point remains that China is not pro-capital/pro-business, the CCP is all about preserving its power, they are not interested in making shareholders of Chinese companies richer, in fact they are very wary of billionaires gaining clout in the country. Long term investors need to ask themselves if there is any point in bringing capital to a country where its treated poorly.
 
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