Hi, Again, I would like to liquidate my old debts considering stocks analysis. At the time, there was relatively little interest in mentioning your favorite stocks, it was quite impossible to make a solid "top" of that. I solved it that way, I put in this idea some stocks you mentioned here that were at least worth analyzing and some of the choices that I am...
So far, the gaming giant has sued or sent letters to more than 20 account trading platforms and several e-commerce platforms, demanding them to stop all relevant services. The rates for account renting services for Honor of Kings – which usually cost CNY 33 per two hours – have been emerging on the Internet and, in response, Tencent Game, the gaming sector under...
Inverse head and shoulder pattern with volume acting as support. Smoothing of 50 ema, and approaching 200ema soon. Probably a good time to add when there is near retracement Near term target price: 560 ~
Hello Traders, After China's stranglehold on video games HKEX:700 was one of the companies that suffered the most. If you look at the weekly calendar it seems to have made support in this area. Post your idea/analysis below for discussion. Thank you all for your support. For more accurate setups, stop loss, take profits and mentoring services, FX signals,...
Due to the repeated news of Chinese government's crackdown on the monopolistic practices of Chinese Technology companies that worried some investors on the long term impact of investing in these companies and the we have seen a prolonged sell off by both retailers and institutional investors in many of the Chinese Tech companies namely Alibaba ( HKEX:9988 and...
One of the big macro focal points of late has been the extreme weakness in Chinese internet and tech stocks, with some even saying this space is uninvestable. Last week’s moves by China’s State Administration for Market Regulation ( www.reuters.com) may be seen by many as fair, but the measures increase the number of forceful and sustained regulatory curbs imposed...
It may or may not be the bottom, may be another $10 downwards. But this is the time to buy chinese stocks. If it looses another $10 then buy more. My long term target is $150.
700, Last time Largest Share holder sold their share around mid - Mar, then, the sold off ended the same day HSI future final day. Oct 30, 2018 from the top of sold date, it drops 47.14% This time, the same share holder sold their share beginning of Apr with high at 656.40, if we cut it by 47.14% and make the low date of HSI oct final settlement day, then. we...
Hi, Another example of technical confirmation. Do your own fundamental research and if the future looks bright enough then you are ready to go from my marked buying box Regards, Vaido
Founded in 1998, Tencent is one of the oldest big tech companies in China. The tech giant has dominated the entertainment universe, focusing on integrating its digital ecosystem. With the acquisition of Riot Games, Tencent has amplified its global influence in the entertainment and game industries. In recent years, while its funding activity in some countries,...
Tencent has also sped up its venture into the insurance industry. In 2016, Tencent invested in Waterdrop Inc, which turned out to be China's first Insurtech stock (WDH:NYSE), as one of the angel investors. In 2017, Tencent also received the admission ticket, which is an insurance license for its Weimin Insurance Agency Co., Ltd or WeSure issued by CBIRC. WeSure...
Top China Internet-Tech stocks (most are on the Hang Seng Tech Index, some are still on the Nasdaq - all on separate scales) vs Hang Seng Index (HSI), CSI 300 index , NASDAQ (IXIC index): - Tencent 0700 - Meituan 3090 - JD .com Nasdaq JD - Pinduoduo Nasdaq PDD - Baidu Nasdaq BIDU - Netease 9999 - Kuaishou 1024 - Bilbili Nasdaq BILI - Alibaba 9988
Top China Internet-Tech stocks (most are on the Hang Seng Tech Index, some are still on the Nasdaq) vs Hang Seng Index (HSI), CSI 300 index, NASDAQ (IXIC index): - Tencent 0700 - Meituan 3090 - JD.com Nasdaq JD - Pinduoduo Nasdaq PDD - Baidu Nasdaq BIDU - Netease 9999 - Kuaishou 1024 - Bilbili Nasdaq BILI
Emerging Markets Consumer Technology ETF (KEMQ) vs. Invesco China Technology ETF (CQQQ), KraneShares CSI China Internet ETF (KWEB), China Securities 300 Index (0003000), Hong Kong Hang Seng Index (HSI), Nasdaq Composite Index (IXIC)
This chart needs no comment but clearly a great level for investors looking to fill their boots if we can hold onto the longer term TL + 200 week ma. Tencent doesn't often get oversold under 30 - in fact, it has only been this oversold twice since 2005.
☝ KWEB - ETF of Chinese tech giants. It is traded on ARCA, but managed by a Chinese bank, so there is no threat of delisting. Price is at the bottom of the channel. Most likely it will be a bottom and there will be a reversal up at least 50% towards the resistance line of $70 by February 2022. The upcoming bullish reversal is confirmed by the MACD-histogram,...
After a crash of 40%+ from the recent high in Feb, is it time to buy Tencent again? Tencent has not closed below the 40 MA on the monthly chart yet. The last few times it has fallen close to this moving average, it has provided a great buy opportunity for the short, mid, and long term. Currently, the MA level to watch is 431. If we close below this moving...