Asia Pacific

@Jil

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Higher gain than TSLA :slight_smile:

Continues to moon :slight_smile: @manch what say you?

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Short squeeze is releasing, may be that reason TSLA is reaching such level.

Wanted to speculate on TSLA but option is too expensive in both sense of the words, absolute price and high IV. Remember I don’t have enough cash to pull the type of stance (buy shares) by @wuqijun and you, to be meaningful.

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China and semi stocks rally hard. BABAliciouis.

Bull of the Day: BABA

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Huge jump in value of MU calls :grinning: bought about 2 weeks ago.

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Buy JD and MeiTuan.

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Great result and crash. Was expecting $23, drop below, pull or not pull trigger?

Was expecting 38.2% retracement, instead get 50% retracement. Anyhoo, bought back 700 shares, now 1000 shares. This is a long bet that it could somewhat as successful as NFLX. Trading is only opportunistic.

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Hedge Funds Have Never Been This Bullish On Alibaba Group (BABA)

Meanwhile my BABA investment is deep red. Is this article written to convince me not to liquidate?

Out of the 4 China stocks that I have invested in, two are in deep red: BABA and BIDU. Two are green: TCEHY and IQ.

With factories re-open and stimulus packages, China stocks are not mooning. Are there that many @manch who don’t trust that the Coronavirus in China is under control? Or investors are too focussed in US stocks that China stocks are now grossly undervalued? Or investors are expecting a global slowdown or recession? What should I do with China stocks, sell them and buy TSLA, BYND, DAL?

My China stocks are still deep red :woozy_face:

Need more luck.

Huge deal. @hanera may need to buy Chinese stocks in Hong Kong instead in the future.

Senate may vote on bill that could delist Chinese companies from U.S. stock exchanges

:+1:

Senate passes bill on oversight of Chinese companies, Alibaba shares move lower

https://www.cnbc.com/2020/05/20/senate-passes-bill-on-oversight-of-chinese-companies-alibaba-shares-move-lower.html

After decades of globalization, swinging back to isolation. For a few decades?

As I wrote earlier, this is a HUGE deal. It’s also bipartisan. The tough stance against China won’t go away with Biden as president.

Decoupling has now become bipartisan policy. Covid is reshaping world order, but Xi is too dumb and too stubborn to change his way. Expect more firework.

My puts are ready :crossed_swords:

You are not expecting much the same regardless of what China do?