Get started
Yeebo's finally had a pullback so looking interesting.Yeebo is in the business of developing, manufacturing, and marketing display products including monochrome LCD,LCD Module, TFT module, Capacitive Touch Panel, Touch Display, etc. Yeebo's products have a strong global presence in key electronic market sectors including Industrial applications, Telecommunications, Medical equipment, and Electronic consumable products. I see these LCD panels everywhere these days and I've been watching the momentum in their chart for a few days and have been waiting for a pullback into a value area to start to look for an entry. With todays drop of around 6% I'm keeping a closer eye on it now for an entry.
HKEX:259Long
by zAngus
JICPT| Tencent approaching key bullish structure, buy the dip!Tencent has dropped from its peak level in Feb. by more than 30% till today. The demand zone of 555-579 failed to hold after the second revisit. The market cap is still over $700B after the drastic fell due to investor's concerns of regulation squeeze. It all went back to Jack Ma's speech at the Bund Summit in Shanghai in Oct. 2020. We all know what happened after that. The sudden suspension of Ant group IPO was just the start...Then came with the fine and tightened regulation on personal data usage and protection. That affected all Chinese tech companies who have minimum regulation in the past. The crackdown on the tech companies impact its valuations and triggered sell-off from investor due to the uncertainty. So, that's a brief explanation of why Chinese tech stocks suffered a great loss this year. what's next? First of all, what's the motivation behind the regulator? Does it want to shut down those super-star companies who were regarded as the proud of the nation in the past? Definitely no! I know the recent 22 investigation on those tech companies, but the fine is capped at RMB 500K, less than $100K. That's nothing. Maybe, investors are sort of overreacted. So, let's get back to the technical side. On the chart, I note the price is approaching my long-term MA in red color around 477. Beside, the level is also a flip level. That's an odds-enhancer. Personally, my investment portfolio has exposure to Tencent. The recent drop did not make me scared, instead, I'm ready to buy for my long-term return! So, this is not a trading idea. Sometime, we need to be patient. Give me a like if you're with my idea. It's Friday night here in China. Take care and enjoy your weekend.
HKEX:700Long
by JICPT
2
Has it bottomed?Alibaba Group (9988) and Tencent Holdings (HKG:0700) are considering opening up their services to each other as Beijing clamps down on anti-competitive practices in the tech sector, The Wall Street Journal reported Wednesday, citing people familiar with the matter. The potential move will likely break the virtual wall that the two tech giants have built, preventing users from accessing one company's tech platform using the other's services, the report said. Alibaba may allow users of Tencent’s WeChat Pay to make payments on Alibaba’s e-commerce marketplaces Taobao and Tmall, a move that could be announced in the coming months, according to the report. Tencent will also likely allow selected Alibaba services to access WeChat users through mini-programs or light apps that are embedded in the main WeChat platform, the WSJ said. The report comes as China tightens its crackdown on monopolies, particularly in the tech industry dominated by Alibaba and Tencent. In April, China's antitrust regulator slapped a record fine of 18.23 billion yuan ($2.82 billion) on Alibaba over what it described as the company's abuse of market dominance for years.
HKEX:700
by ShukriMahadi
Pacific Basin 2343:HK Possible entry opportunityUptrending since January with strong support at the 20 EMA. The most recent dip is collateral damage arising from the China tech crackdown, which has seen the tide lower across the HSI. This represents an opportunity. Additionally, huge supply and demand factors in the global shipping industry at play right now. I expect a bounce off 2.82 if not before that. Speculative target 50% exit at 3.35 (~7 days). Laughing all the way to 3.50 (~15 days). Do your own research.
HKEX:2343Long
by Callyflakes
JICPT| Kuaishou rebounded with downtrend continuesI'm actually writing for the request of a friend in the Tradingview community. It's a quick analysis as I will mainly focus on the chart, not the fundamental part. From the daily chart, I measured how much price has been down from the historic level of 418 to less than 150. The price has fallen by 65% within approximately 5 months. so what is what's next? It's a quite new stock that just went public on Feb. 5th this year. We can see price just rebounded from its fresh record low today, so there is no structure for reference from our left side. We have to use trend analysis to guess its move. I drew three horizontal lines which market the key structure on the daily. The continuation of breakout means the downtrend continues. On top of that, I also noted the red downtrend line was respected several times. In order to terminated the downtrend and establish the uptrend, I need two things happen at least: 1. Red Downtrend line to be violated by price move. 2.Higher high created with higher low formation So, buyers need to be patient at the current moment.
HKEX:1024Short
by JICPT
Volatility - Do Not Resuscitate - Evergrande (VIXplosion)Idea for Macro: - Free money is cut off at the source. China Credit Impulse turned negative > Evergrande is first to fall > Overseas investments downsized > widespread effects. - China was the only productive economy in 2020 > driver of global economy (60% importer of oil). - CN30Y is closely correlated to CCI > leads US30Y > leads US risk assets. - Chinese Central Bank POC draining liquidity from the system (Injects 10 bn yuan via RRP while 30 bn yuan expires). - China HY leads down > US HY/Junk goes down > NDX goes down: - Currency showing strength: When you see currencies, bonds, and equities rising together, it means normal correlations have fallen apart. Typical before a crash/crisis type event. CCI is the leading indicator. Will see a VIXplosion. GLHF - DPT
HKEX:3333Short
by UnknownUnicorn1043646
4
Warren Buffet Is Up 3,000% On This Electric Vehicle CompanyEveryone is always talking about Tesla and Nio in the electric vehicle space, but one of my favourite electric vehicle (and battery) companies is BYD. They are HUGE. Well worth having a bit of a Google around - especially YouTube for more information on them to see some of their cars and how they compare. You can find BYD directly on the HK exchange via HKEX:1211 or on the US exchange via OTC:BYDDF or OTC:BYDDY (no one I've found understands the difference between these two in terms of which is best to buy). The technical analysis dials below the chart you can find here: www.tradingview.com
HKEX:1211Long
by zAngus
SMIC's R&D VP Resigns, Giving Up CNY 9.3 Mn in SharesOn July 4, Chinese chipmaking giant SMIC announced that the company's vice president of R&D and its core technician, Dr. Jingang Wu, has recently applied for resignation due to personal reasons. He will no longer hold any position in the company. According to the recent statement of China's largest foundry SMIC (688981:SH, 00981:HK), the company's R&D work remains the same, and Dr. Wu's resignation has not imposed any significant adverse impact on the company's overall R&D strength. Dr. Wu joined SMIC in 2001. Since then, he has successively served as assistant director, director and senior director. From 2014, he has been the vice president of R&D. During his tenure, Dr. Wu has mainly been in charge of the company's fin field-effect transistor (FinFET) advanced technology R&D and management, which is a critical enabler for furthering SMIC's 0.35-micron process technology to the nano-FinFET level. Regarding confidentiality and competition restrictions, SMIC stated that Dr. Wu was required not to disclose any of the company's secrets or proprietary information and shall not work for any competitors within 12 months after his resignation. Also, the 160,000 restricted stocks Dr. Wu has been granted for equity incentives in May, equivalent to the market value of CNY 9.3 million based on the current stock price, would become invalid after his resignation.
HKEX:981
by EqualOcean
China Mobile Reduces the Power Consumption of 5G Base StationThe large operator has built more than 50% of the 5G base stations in the world. In July 2021, China Mobile announced that the power consumption of the 5G base station had been reduced to a figure amounting to about three times that of the 4G base stations, about 1900W. The energy consumption of a single station was more than four times that of a 4G station in 2019. At that time, according to China Mobile, a single 4G base station required about CNY 20,000 operating fees per year, while a 5G base station required about CNY 55,000. Even as the technology becomes more widespread, high power consumption continues to be an important factor hindering the development of 5G. In the future, the company hopes to further reduce the energy consumption of 5G base stations through the use of new technology layers and devices. The company's goal is to reduce the peak power consumption of 5G base stations to twice that of 4G by 2025. By the end of March 2021, the number of 5G base stations in China had reached nearly 820,000, accounting for 70% of the 5G base stations in the world. Among them, China Mobile accounted for half, with 410,000 stations. At present, the number of 5G user connections in China exceeds 280 million, accounting for 80% of global 5G connections. Overall, the reduction of energy consumption has serious strategic meaning for the Chinese 5G industry.
HKEX:941Long
by EqualOcean
1
Breakout Quarter: Xiaomi is Growing Astonishingly in Q2 20215G devices' sales in China are growing fast. On July 6, market research firm Strategy Analytics reported that Chinese brands including OPPO, vivo and Xiaomi have reached a staggering number of sales – around USD 15 billion – in Q1 2021, twice that of LTE in the same period. Data shows that Chinese smartphone manufacturers are rapidly transforming from 4G to 5G. As high-end devices shift towards 5G, the market size of LTE mobile phones has shrunk by 50% in the past quarter. According to the report, the revenue for 5G achieved an over 500% growth in Q1 2021. Shipment volume to the Chinese market rose 35% year-on-year, compared with the global average of 24%. However, Apple still led in the shipments and revenue of 5G, plus the 4G LTE devices. In the global top-10 list by revenue for 5G, there are seven Chinese vendors, but in terms of consumers' willingness, they are not yet comparable to high-end brands such as Apple and Samsung. Chinese manufacturers are bringing higher value to the international market, which forces other brands to improve their mid-range product portfolio.
HKEX:1810
by EqualOcean
JD.com HEALTH ~ Looking for movement to appear soon... JD HEALTH as retail pharmacy has started to be online, and notice increase of sale retail is now online multiple supported showing JD Health have been ranging near the IPO price, premature Head and Shoulder is forming up. Currently it's at lower zone, expecting as break out happening soon with the lower range support to TP1 $124 and above.. If support break we might be looking under IPO prices. Circle indicate possible low. Good Luck!!
HKEX:6618Long
by JarvisTan
2
BYD to Sell 1,500 Cars in Norway by End-2021BYD ( HKEX:1211 OR OTC:BYDDF OR OTC:BYDDY ) is quite probably my favourite Electric Car Company with the biggest future - even potentially greater than Tesla, but it is SO much more than that. It is a massive company that does everything from producing its own cars, buses, trucks, electric bicycles, forklifts and rechargeable batteries. Its profile suffers because it is a Hong Kong listed stock, and can only be purchased on the OTC markets in the US. You can buy either of OTC:BYDDF OR OTC:BYDDY Oh and did I mention Warren Buffet owns a bit under 9% of the company. One to watch.
HKEX:1211Long
by zAngus
2