Asia Pacific

Consensual but Richard doesn’t want to marry her. Why didn’t ask for more? Like $1M?
Alternative theory is tape leaked out, she has to change it to rape not to look like she is a gold digger.

51%20AM

Meanwhile, IQ earnings on Apr 25, BTFD.

China’s Robocars Are Being Lapped By Their U.S. Competitors

https://www.bloomberg.com/news/features/2019-05-08/china-s-robocars-are-being-lapped-by-their-u-s-competitors?srnd=premium

TCEHY made it down to 42.
IQ broke below the 61.8% retracement target. Does that mean it’s a reversal?

Now is not the time for TA. Also not FA. Look at geo-politics.

Common retracement for wave two is 50%-61.8%, we can assume this under normal circumstances. For geo-politics, have to consider 76.4-86.4%, even 99% retracement.

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BIDU is crap. Meituan is now bigger than both BIDU and JD.

Yao recommends investors buy Tencent, Vipshop (VIPS), Alibaba, Momo (MOMO), Tencent Music Entertainment (TME), and Meituan Dianping(3690.HK) for the second half of the year, while avoiding Baidu, Sogou (SOGO) and Focus Media (002027.CH), all of which saw a cut in target price by JPMorgan.

This most unloved asset might be the biggest winner in the second half, and it’s not gold or real estate, says UBS

Refer to the title of this thread for what to buy :grinning:

Alibaba will let American companies sell on its site

Buy BABA

Chinese stocks lead Asia higher on hopes for US trade talks

Buy!

Millennials believe in China Stocks, buy BABA not PAPA. @harriet might not want to invest in a CEO accused of raping but majority of millennials think that company is better than BIDU and TCEHY. @manch Take note that millennials prefer BIDU over TCEHY.

The most surprising trend in a new report on millennial investors

  • Despite the ongoing uncertainty around the outlook for U.S.-China trade relations, millennials remain bullish about Chinese companies, such as: Alibaba Group (No. 5), TAL Education (No. 15), JD.Com (No. 21), Baidu (No. 53), and Tencent Holdings (No. 54).

  • This generation is born into the digital world. They’re more tech-savvy as reflected in the top four stocks they own: Amazon, Apple, Tesla and Facebook.

Time to buy Amazon?

I have turned bearish on Chinese stocks. It’s no longer just a trade war. It’s a multi-dimensional cold war, can become a hot war if China made bad moves in Taiwan/HK/South China Sea. Besides, Chinese company stocks listed on US and HK are denominated in USD, and Chinese yuan will keep falling, dragging down their earnings in USD.

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The US domestic market is a better bet. Chinese stocks are a crap shoot. Bought some AMAZON stock today.
Went to Starbucks for like the third time ever.
Waited 15minutes for the worst food ever. They make nothing on site. Stock is at or near an all time high so is MacDonalds and Walmart. Americans are doing well and spending money. Bet on what you know.

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All the consumer data has been strong. Those saying a recession is imminent aren’t paying attention.

After $140 Billion Wipeout, Alibaba and Tencent Bid for Comeback

https://www.bloomberg.com/news/articles/2019-08-13/after-140-billion-wipeout-alibaba-and-tencent-bid-for-comeback?srnd=premium

The Pros and Many Cons of iQiyi Stock

iQiyi stock a risky bet at this point if you’re looking for a long-term growth stock.

InvestorPlace’s Vince Martin points out that revenue slowed dramatically, advertising revenue declined double digits, and IQ’s costs to produce and market original material continued to rise.

the trade war with the U.S. is hurting the economic climate in China. That makes consumers less likely to sign up for a subscription service, and makes existing customers resistant to price increases.

the Chinese government may consider opening up the country’s video streaming market to foreign competition.

China stocks and Semis coming back?

BABA is doing very well. Share price was depressed into a coiled spring by tariff war and rumors surrounding Jack Ma.

Finally!

Ka-ching

The only China stock safe to buy is BABA :slight_smile: Jack Ma is a law abiding and a communist party member. He is also political savvy and able to balance both sides.

Holding 400 BABAs, slightly green :cold_sweat: Might pull back next week, opportunity to add :thinking: