Asia Pacific

News to you? Jack is being retired from BABA. Being a good communist his baby is now confiscated by the state.

Jack Ma says he is not interested in making money. And his billion net worth is actually safekeeping the money for others. Letting another an agent to do the safekeeping is not confiscation.

Tencent Falls $90 Billion Behind Alibaba After NBA China Clash

https://www.bloomberg.com/news/articles/2019-11-11/tencent-falls-90-billion-behind-alibaba-after-nba-china-clash

Frontrun Chinese, load up BABA :laughing:

Investors in China Can’t Wait to Finally Own Alibaba Shares

Buy upon pullback?

TikTok, the viral video app, will ramp up its spending “across all functions” in the US and is considering how to let its users shop directly from brands, according to a senior executive, as the platform tries to convert its enormous popularity with teenagers into revenue. TikTok has moved into the former office of WhatsApp, Facebook’s messaging app, in Mountain View, California, and Mr Chandlee has been raiding his former employer for staff, most recently poaching Trevor Johnson, a senior Instagram executive in Europe.

TikTok is in deep :shit: for its heavy handed censorship. Its CEO is coming to the US to try to smooth things over. Not sure it will help much.

@manch most hated China stock, BIDU, is a laggard. Is so hated and trading so low that…
Now May Be a Great Time to Buy Baidu

Baidu may be struggling, but with a strong and growing user base, all it needs is one big product to help generate sales growth, and that could still prove to be DuerOS.

If nothing else, Baidu could offer investors a cheap way to diversify their portfolios by tapping into a huge Chinese market.

Technically, green shoot :scream:

EW indicates could be the start of a bullish multi-year impulse, Cycle V :grin:

Now that I have sold 200 of 400 BABAs, plough proceeds into a laggard? Yes? No?

Time to long China stocks :smiley: Btw, BABA has been roaring, today take a breather.

Seven days later,

02%20AM

20%20AM

China’s $44 Trillion Market Is Opening Up. Here’s What to Watch in 2020

@harriet, @caiguycaiguy

China’s big bang opening of its $45 trillion financial industry begins in earnest next year…

Starting with its insurance and futures markets, the Communist Party ruled nation will enact the most sweeping changes in decades to allow the likes of Goldman Sachs Group Inc., JPMorgan Chase & Co. and BlackRock Inc. to expand their footprint in China and compete for a slice of its growing wealth.

Which US and China stocks should I invest in to surf this gigantic wave?

Are you sure China will do what it promised?

Are you sure China will not do what it promised?

Not sure, so I am not investing on this thesis. You seem to have high confidence.

compete for a slice of its growing wealth.

Since when did Bloomberg become China’s Global Times? :face_with_hand_over_mouth:

BIDU rocks!

a

IQ rocks!

a

26 days ago,

Overall, while Baidu has appreciated substantially from its lows, we still think there could be significant upside if Baidu executes on its AI initiatives, while downside is protected due to its low valuation and holdings in other companies.

A multi-year impulse, Cycle V, has begun! TA is long term too. Below is an updated EW chart.

Since I’m from an island but not that island, didn’t hold any prejudice and has insanely bought 600 BIDUs.

Also bought a fair amount, (1) is completing and about to have golden cross. Taking some profit here means have to be nimble enough to get them back at (2) which I am not sure where it will end. I tend to dumbly holding on rather than try to do trampoline.

While @manch has prejudice against BIDU/IQ, it continues to roar. IQ had gained nearly 10% from 9 days ago. Minor degree wave (1) of IQ is nearing completion, sold 600 shares, hoping to buy them back cheaper, hopefully won’t be like BABA, sold out but didn’t buy back, too greedy on buyback price. Will dumbly hold on to BIDU till near $300 - @manch to note.

Author didn’t think they have much appreciation potential.

Don’t generalize*. What you are showing is financial data which I told you many times that they are behind the curve. Those numbers can be changed by management, future competitive environment, improved economic and market conditions. Technicals are reflecting those in the know… businesses in general know what might happen in 6 months ahead… notice the bullish divergence in BIDU? People in the know are buying. By the time financial data reflected the improved fundamentals, the stock price has increased, of course, could still buy if fundamentals continue to increase since price doesn’t fully adjusted to improving fundamentals initially and price peaks when it over estimate the fundamentals.

*You’ve a habit of calling a bull an animal.

Suffering from split personality? In this thread you told us how skillful you are, in another you said there is no skill involved. :thinking:

@manch,

Do you realize that is an article?

Now May Be a Great Time to Buy Baidu

But I realize you did have a skill :scream:

After you said TSLA is great, it tumbles for two days including today.

Screen Shot 2020-01-10 at 8.48.36 AM
You said SHOP and SPLK are no good because they compete with AMZN, both are establishing new ATHs whereas AMZN is lingering for more than a year.
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You said BIDU is in terminal decline, it goes up again today.

Btw, I am fairly dumb and don’t understand how to analyze fundamentals so I dumbly follow technicals, even then I am so dumb that don’t know which is the more likely possibility :sob:

Buy BIDU :relieved:

Funny you mentioned that…

China is trying to stop the spread of a deadly new virus at the worst possible time of year

Black swan? :scream:

I dislike article like Buy Alibaba Stock on Coronavirus Fears. I sold all my BABA shares/ calls weeks ago, the opportunity to acquire them back at cheaper price is here, and this article come out to potentially spoil my plan. Who is this Tyler Craig? He is marked.