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[Analysis] Tencent (700)(HK)Even after a 47% retracement from its high, Tencent's uptrend is still intact. Currently, there is a support/resistance formed at 410 and 510 respectively. We do see a huge volume coming in within this price range yet, the price is still holding. This suggests that there is a huge demand coming in to soak the selling. As long as the price remains above the support level at 410, we can safely say demand is coming in and the chances for price rebounding is high. However, before the price proceeds higher, there will most likely be a prolonged consolidation period to exhaust the sellers. Hence, if you plan to buy in during this period, ensure that you have holding power. Or... You can wait for the consolidation to happens and then buy the breakout above 510. Show price drop below 410, we are in a deep bear territory and we should not be holding any longer.
HKEX:700Long
by NimbusCapital
Pounding on SMIC -981In my opinion, the US government is being myopic if they decide to do the following : 1. to delist the Chinese companies in US - about 250 companies that are worth trillions of dollars (not very likely but this is a RISK) So, as much as possible, buy the Chinese companies listed in HK or China else get an ETF not the American Depositary Receipt (ADR) Do not forget many ETFs globally have investable interest in China and many are listed in US and delisting them would severely impact these fund managers' performance too. 2. US-China relationship - read article here . It is not the interest of US to continue its aggressive stance against China. Think again what is China focusing now ? Not the international trades but it is busy cleaning up its own backyard. It is imposing rules and checklist to ensure its billions of users' data are not exploited nor land in foreign hands. The fate of DIDI tells you all. 3. Chips - It would be in severe shortage as more new products are launched and from smartphones to Electrical vehicles, these essential chips are a critical component. TSMC being the market leader is in the forefront followed closely by Korea and China has made 5G, AI and robotic automation its critical pillars of innovation in the years to come and pouring huge sums of money for R&D and investment is tell tale signs that semiconductor companies with good growth potential will benefits in the years to come.
HKEX:981Long
by dchua1969
Nayuki Announces H1 2021 Financial ResultsNayuki turned losses into profits in the first half of 2021 and its stock price rose 10% following the opening on August 26. As of the noon break, the tea maker was priced at HKD 11.1 per share. According to the firm's mid-term performance report for 2021: - The revenue reached CNY 2.13 billion, achieving a year-on-year increase of 80.2%. - The adjusted net profit reached CNY 48.20 million, compared with a loss of CNY 63.50 million in the same period last year. - In terms of business, the revenue of Nayuki was CNY 2 billion (up 0.4%), accounting for 94.4% of the total revenue; the revenue of Tai Gai, another business under the company, was CNY 77.53 million (down 1.7%), accounting for 3.6% of the total revenue; and revenue of other businesses was CNY 41.89 million (up 1.3%), accounting for the remaining 2.0%. - As of June 30, 2021, Nayuki has up to 578 stores. During the first half-year, 93 new stores were opened, with 65.6% of them situated in Tier 1 and new Tier 1 cities. - In terms of the type of stores, within the first half-year, 49 new PRO stores based in shopping malls were opened, adding up to 20 in total; 29 office-building PRO stores have appeared up to a total of 12; standard stores have reached a total of 492 in number with an increase of 9. - As of June 30, 2021, the number of members had reached 36.5 million, representing a year-on-year increase of more than 30%. The repurchase rate reached 30.3% in Q2 2021, compared with 25.6% in 2019 and 29.8% in Q4 2020 respectively, all above the industry average.
HKEX:2150
by EqualOcean
Kuaishou Announces Q2 2021 Financial ResultsIn Q2 2021, the company generated CNY 19.1 billion in revenue, with a year-on-year increase of 48.8%. According to Kuaishou's Q2 2021 financial announcement: - Revenue rose by 48.8%, reaching CNY 19.1 billion. - Gross profit hit CNY 8.4 billion, representing an 89% growth. - The company's operating loss recorded CNY 7.2 billion, compared with CNY 2.5 billion in the same period of 2020. - Net loss was CNY 4.8 billion, showing an increase of 146.2%. - In Q2 2021, the average daily active user reached 293 million, with 506 million monthly active users. - The cumulative number of interrelated users of the app recorded 12.6 billion, representing an increase of 60%. - Among its major businesses, its online marketing revenue recorded CNY 10.0 billion (up 156.2%), accounting for 52.1% of total revenue; the revenue for its live streaming business was CNY 7.2 billion (down 13.7%), taking up 37.6% of total revenue; and its other businesses generated CNY 2.0 billion, making up 10.3 of total revenue. - Moreover, its e-commerce business reached a total of CNY 145.4 billion in transactions, twice as much as in the same period last year. - In terms of overseas business, Kuaishou announced that the company focused on developing markets in South America, Southeast Asia and the Middle East, with active investment in user acquisition and user activity. During the reporting period, the firm had over 180 million active users in overseas markets.
HKEX:1024
by EqualOcean
Country Garden Announces H1 2021 Financial ResultsDuring the six months through June, the company generated CNY 234.9 billion in revenue, with a year-on-year increase of 27%. According to Country Garden's H1 2021 financial announcement: - Revenue rose by 27%, reaching CNY 234.9 billion. - Gross profit hit CNY 46.3 billion (up 3.1%), and the gross profit margin was 19.7%. - Net profit was about CNY 22.4 billion, with a year-on-year growth of 2.3%. - Among the company's major businesses, its sale of properties recorded CNY 227.9 billion in revenue, reporting an increase of 26.6% and accounting for 97% of total revenue. The revenue from providing construction services was CNY 4.1 billion, made of 3% of total revenue; rental income hit CNY 374 million and other income was CNY 2.5 billion. - During the reporting period, the sales amount of the company's equity contract was about CNY 303.1 billion, showing an increase of 14%; the area of contracted sales of equity properties hit approximately 34.5 million square meters, representing a growth of 8%. - As of June 30, the firm covered 31 provinces, 296 prefecture-level administrative regions and 1,408 districts and counties in China, with a total of 3,127 projects.
HKEX:2007
by EqualOcean
Haidilao Releases H1 2021 Financial ResultsIn the first half of 2021, Haidilao's revenue increased by 105.9% year-on-year, and its net profit turned from loss to profit. According to the interim performance report of 2021: - The operating revenue was CNY 20.094 billion (up 105.9% year-on-year). - The net profit was CNY 96.5 million, compared with a net loss of 965 million yuan in the same period last year. - Customers' per capita consumption decreased from CNY 112.8 in the first half of 2020 to CNY 107.3 in the same period in 2021, close to the level in 2019 before the epidemic. - The operating revenue of Haidilao restaurant in H1 2021 reached CNY 19.419 billion, achieving an increase of 112.2%. It accounted for 96.6% of the total revenue from 93.7% in the same period last year. The proportion of takeout business decreased to 1.7% from 4.2% accordingly. - As of June 30, 2021, Haidilao had 1597 global stores. - The average turnover rate of Haidilao in the first half of 2021 was only 3.0 times per day. - The number of members was 85 million, accounting for over 80% of the total turnover. - Up to now, Haidilao has built and renovated more than 100 new technology restaurants. The intelligent boiler dispenser has been applied in more than 70 stores, the vegetable delivery robot has been deployed in more than 1000 stores, and the intelligent exhaust equipment has been deployed in more than 600 stores. In order to strengthen internal management and operation, Haidilao adjusted its organizational structure in the first half of 2021. Besides, it also enriches customers' dining experience through diversified products, and hands over the power to launch more new products to regions themselves. Meanwhile, Haidilao also announced the changes in the members of the board of directors, adding seven executive directors Yang Lijuan and two independent non-executive directors, so as to further realize the rejuvenation of the enterprise management team.
HKEX:6862
by EqualOcean
Trendlines drawing video tutorialHaha, this is my first maiden video tutorial on Tradingview. I hope it would be helpful in some ways to clear the doubts of those who are exploring or using trend lines in their charts. Now, of course, there are many ways to draw trend lines and 2 persons looking at the same chart can draw it differently. But , I believe the big picture is there. Please feel free to give me your comments , is it too long, too short , too much information etc. What would you like me to cover in the next tutorial ? Until then, happy investing !!
HKEX:6618Long
by dchua1969