002555:SZSE - WUHU SANQI INTERACTIVE ENTERTAINMENTTraded on the Shenzhen Stock Exchange, Wuhu Sanqi is a top 25 global public game company (No.3 in China) with a focus on the publication and development of mobile, browser and html5 games. Up 220% over the last 12 months, with its recent pullback, might be worth a look.
000858 starts to retrace. Wait for the chance to buy on dip!SZSE:000858
One of the hottest Chinese stocks at China SZSE, starts its retracing movement.
It's just broken down the 20MA in daily time-frame. If the key level of 258 is unable to hold, it may retrace further.
The best spot for buying on dip would be the daily 50MA which is also located the strong demand zone 241-245, as well as the mid term up-trend line extended from 19th Mar 2020 to 26 Oct 2020.
Stay tune for the update:)
Riding on the middle income group in China 40% market share in China
A staple ingredient in the Chinese Cooking culture
Popular household brand - Golden Dragon
Here is how it looks like
Now as middle income group in China keeps growing, the choice of oil selection becomes more apparent as well. Now, they can afford better quality, better brand image and Golden Dragon brand has earned that over the years .
If you have been following me, I talk about the importance of stickability in a brand or company that I like to invest in, such as Tencent for games, Meituan for food delivery, Haier for appliances, etc. The more they use on a daily basis, the more entrenched is the habit and the harder it becomes for them to switch.
That is a competitive advantage that competitors will have a hard time trying to steal their market share. With a strong parent company like Wilmar International , it is well poised to make stellar performance in the years to come.
Wait for pullback and go long.