Didi announced delisting from NYSE today and plans to list on HKSE due to Chinese regulators concern over its huge possession of user data.  Alibaba and other Chinese companies also have subdued price movement in the past 1 year or so. In fact , Ali hits recent lows.  Personal views 1. Chinese companies clamoured for  glory to list in US and, in the process, raised billions of dollars from investors worldwide.  They brought the money back to China.  2. However, the Chinese government is not too happy citing different reasons over security, data issue and lack of  loyalty to country.  3. It also wanted these mega companies to distribute some of their wealthy to social causes. 4. When astute investors and institutions see such a move by the govern

Many a times, we look at those who shared their huge profitable positions with envy, awe and admiration.   And we wonder why it is not me.We need to differentiate whether the profitable trade is a once-off event or a series of  success trades. If a trader, investor or speculator can hit a high success rate then we say he/she knows his/her stuff. Or else, there is no need to to admire or envy them. Retail players who treat the market as a gambling place will generally return all thier gains eventually because they cannot produce the same results consistently. Along the way, many will fail and fall and give up completely. And some will plough on. Eventually, all of us have to ask ourselves what are the objectives and goals (long term vs

We are into the 2nd years of Covid. Countries around the world imposed varying measures to limit its spread. Stock markets reacte to it. Some companies are badly hammered while some becoming darlings (with some becoming MEME stocks). However, in general, you would have made some money if you bought any stocks in 2019 plummet. Everytime when news of a new variant is discovered, the market plummeted and then the market recovered, making new record highs. It is unfathomable. Some reasons for the rise especially the US markets is because the world are flocking to it and making it the hottest place to seek a fortune. And not forgetting FED's purchases to support the markets. One has to understand what constitutes in an index and which sector can sway the index movement (clearly the te

$DiDi Global Inc.(DIDI)$thot it will be above water ... sigh it slipped back and submerged..