16 August 2021: Market fear over Chinese stocks. When will it be over? Who knows...
$恒生指数(HSI)$ Hang Seng spot index is not looking great today, having fallen from a day peak of 26,400 to a day low of 26,040 and is currently around 26,150, being down almost 1%. Shenzhen index is not looking great either, and is down around 0.7% at 14,693, which is just within points of 14,700. Shanghai index is almost flat at 3517.Hang SengShenzhen indexNear term wise, Chinese markets are really not looking great. Market participants in particular the institutional funds are worrying about the implementation and/or introduction of new regulations. Just over last weekend, there was comment made by state media on gaming companies confusing gamers with wrong history due to the use of historical figures in China history. This news im
20 August 2021: Been adding in small volume even if Chinese market falls another 5%
$恒生指数(HSI)$ Hang Seng spot started the day with 200 points below yesterday close and struggled around 25,000 points this morning before plunging and breaking past the next support of 24,700 points strongly and hit around 24,580 before retracing to around 24,800. It would be important to watch if Hang Seng spot can regain and close above 25,000 points now. Readers should recall that I have cautioned on this Monday and in fact over the last 1 to 2 weeks that small bites were to be taken by me rather than to be aggressively acquiring shares at level around 25,700 to 26,000 points for Hang Seng index. Nevertheless, I saw readers commenting on my articles and said I was wrong and that long term investment in good companies should be a
$Meta Platforms(FB)$$英伟达(NVDA)$$虎牙(HUYA)$$腾讯控股(00700)$$Roblox Corporation(RBLX)$ Metaverse has been a hot topic since Facebook's Mark touched on the concept of Metaverse. In fact, Facebook even rebranded its name to Meta, which can be seen in my youtube video when I covered a review of Huya's 3Q2021 results (the short video including Mark's narrative on Metaverse) can be found on my youtube channel (Hopehope赋予希望).Source: Facebook aka MetaFor people who have been reading my articles and
$XIAOMI-W(01810)$i continue to build on my Xiaomi position this morning with the view that reversal has taken place and that Xiaomi management will be able to resolve chip issues effectively into rest of the year. Stay safe and manage risk all.
$Pinduoduo Inc.(PDD)$seems like pinduoduo has a chance to go higher tonight. As always, this should not be construed as any investment or trading advice. I will cut loss if I'm wrong
15 August 2021: Quick thoughts of Alibaba's price structure
$阿里巴巴(BABA)$ To be honest, I do hope that Chinese stocks listed in US can take a breather and reestablish the ascent again as people would know that I have a position in Huya $虎牙(HUYA)$ , which is acquired at an average cost at 20% below the November 2020 Huya's price. However, recent concerns over Chinese regulations and just continued dumping of Chinese shares (ADRs) by funds like that of Cathie Woods have led to a rapid decline of the share price.Looking at Alibaba's price chart, its decline started even earlier since its peak was in November 2020, which was like 2 to 3 months ahead of the price peak by other Chinese stocks listed in US. Well, indirectly as the cause
14 August 2021: Review of Bilibili, Huya, Kuaishou, Douyu & Tencent
$哔哩哔哩(BILI)$$腾讯控股(00700)$$快手-W(01024)$$虎牙(HUYA)$$斗鱼(DOYU)$ Let's go through the charts of this sector of stocks before we go into my read of the current situation:-BilibiliKuaishouTencentHuyaDouyuTo take a look at the charts above, I notice that Bilibili moved up from around 45 USD in November 2021 to around 157 USD (price peak back around Feb 2021). This represents close to around 3.5 times (I did not use calculator to compute the figure though). Tencent moved up from 550 HKD in Nove
3 September 2021: Chinese Markets Update. Bears attempt! Will they succeed?
$老虎证券(TIGR)$ Chinese markets are not at its best this morning after reports on poor economic data showing a contraction of economic activity freaks out the Hang Seng spot this morning, which sees it dipping to below 26,000 points and is currently trading at around 25,950 points. Morning low saw it as low as 25,820 but is still considered a positive by me since it has not breached the 25,700 mark that I have been monitoring. Whether can Hang Seng spot find itself closing above 26,000 points today would be what I will be watching today. Keep following for more updates. So far today, I am not particularly worried about the economic slowdown in China, of which the services sector showed a contraction rather than expansion. Why?
9 Nov 2021: Quick Review of Lemonade's 3Q2021 results
I took a quick thought of Lemonade's 3Q2021 results and was not exactly that pleased with the results. True enough, they have spent alot more on marketing, which explains for another 20 million USD jump in this category. To make matters worth a closer look pertains to the increased in general admin and tech development expense.Source: LemonadeTrue enough that spending to get growth is alright if the growth eventually catches up so it is important for me to note this further in subsequent quarters as well as for me to continue monitoring its share price.Lemonade share price chartAnother disappointing point is the increase in net loss ratio as well as gross loss ratio. This doesnt show an improvement in a falling level of loss ratio. See below for their explanation:-Source: LemonadeThe quest
6 September 2021: Docusign. Looks good but what about pricing?
Docusign is one company that I do like its business model. It basically takes away the mundane things and to do list away from the core work. Its key products include eSignature, CLM, AI-based search of typical contracts and online notarisation without having to go down to the physical office. Isnt it incredible? Well naturally there is competitor like Adobe on the esignature business. Will they pose a threat? This is a question that we have to continue to investigate and answer in the future.So what draws me to Docusign? Well indeed, it is the incredible price movement that saw it jumping from around 190 USD to around 310 USD recently? Am I late in the game? Well yes and no I would say. There simply isnt the need to rush into the acquisition of Docusign shares now. I would wait for pull-b
$Grab Holdings(GRAB)$not touching this stock at this price of 7 USD as per what I mention in my YouTube videohttps://youtu.be/6XLpWQhQe_YAs always, this should not be construed as any investment or trading advice
29 Dec 2021: Update on Alterxy, the data analytics company
My Youtube channel is:https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iwDo support and subscribe to my youtube channel if you like my analysis. THANKS!!!I covered the counter, Alterxy awhile back when it was much higher in terms of share price. I recalled when I mentioned this counter, it was back to around 80 USD, already 60 USD down or almost 43% down from all time peak... But even then, it did not hold onto just 43% fall. It went down further by another 18 USD to around 61.81 USD.However, the coast is not clear for Alterxy... I used to like its businesses but didnt like the pricing I have to pay and remain uncertain on how good it is to continue to churn good sales growth each quarter.My cautious approach towards Alterxy proves right here (well as always, I could be wrong) as Alte
13 August 2021: Update on 2Q Sofi Tech's results & Mkt update
$SoFi Technologies Inc.(SOFI)$ Sofi Tech recently released its 2Q2021 results and I decided to do a quick writeup following my article on Sofi published a month or 1.5 months ago, during which I mentioned that there is no need to rush into this stock given my current portfolio allocation as well as the pricing on Sofi.Price wise, it had hit around a recent low of 14.5 USD before finding ground to retest around 17.5 USD. However, the recent 2Q 2021 results see the price operating at around 10% down from yesterday close.Sofi Tech share priceAs a recap, above diagram gives one a quick idea of what Sofi is doing if one has not looked at my old article.While quarterly revenue did grow significantly on year on year basis, quarter on qu
12 September 2021: Tuya, Global IOT platform... Attention in the wrong way?
Follow Hopehope赋予希望 on youtube if you would like to be updated on various stock analysis.https://youtu.be/YWZVfvlWr0w (Tiger Brokers' 2Q2021 results review and share price analysis)$涂鸦智能(TUYA)$ I have been tracking Tuya, another chinese stock for awhile for now but have not investigated the business fundamentals and financials. Being another tech company from China, my current equity exposure in Chinese equities is pretty decent size of my portfolio, which explains why I have not done a further research on Tuya. A company that has its initial public offering back in March 2021 at an IPO price of 21 USD, it seems to me that there is certain amount of price movement details for me to think through in the days to come.What comes to
19 August 2021: No need to be surprised with Chinese markets movement! I have cautioned it!
$恒生指数(HSI)$ Hang Seng spot tried desperately trying to hold onto 25,700 and was momentarily above 25,830 before going down to as low as 25,348 in the morning session. By morning close, Hang Seng spot is around 25,420 and the support of 25,000 prove particularly important now.Like what I had mentioned on 7 August 2021 in the article "7 August 2021: Quick Thoughts on recent Chinese policies actions", China's authorities thinking is both on the scientific and philosophical level. You may wish to read the article, of which the link is as follows:-https://www.laohu8.com/post/891306142Readers should also recall on this Monday, 16 August 2021 that I cautioned myself not to take big positions in Chinese stocks. If I am to take positions,
28 Dec 2021: Update on Lemonade, Fiverr and Upwork
My youtube channel as:https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw/Do support and subscribe to my youtube channel if you like my analysis.I had previously written articles on Lemonade, Fiverr and Upwork. What I want to say here is that the high growth tech stocks are experiencing price weakness as the narratives revolving the Federal Reserve's asset tapering program as well as the 3 rates hike projected in 2022. Well i heard a wharton professor talking about what is a rate of 0.75% when the interest rate environment back in 1980s are over 10%.. Yes that's his message and I do tend to agree with that. The only concern is how fast the rate can get escalated beyond a level of reasonable funding costs. On this point, I will leave it to a discussion later down in the future on my yo