Ah_Meng
2024-12-11
I have mid to long term holdings in HK listed Chinese companies, so the rally means perhaps a short term relief. πŸ˜… I continue to use $Direxion Daily FTSE China Bear 3X Shares(YANG)$ as a hedge for those positions. In fact, I bought YANG after the last round of rally selling $Direxion Daily FTSE China Bull 3X Shares(YINN)$[Tongue]. While continuing to hold my Chinese holdings, I also took the opportunity to trim down its fats, so that I have cash on the sidelines to react should market turns against those positions. I continue to be cautious about my Chinese exposure given the second incoming of Donald Trump and tariffs war that accompanied him. Will continue to trim my fats whenever I get a substantial rally…
Come and share your thoughts @LMSunshine @koolgal
New Liquidity? Are You Bullish on China Stock Rally During CNY?
At today’s meeting, China announced a new policy stating large state-owned insurance companies are required to allocate 30% of their new premiums each year to A-share investments starting in 2025. Historically, Hong Kong and A-shares tend to perform well in January, during the Chinese New Year period. ------------------- Does this signify new liquidity for the stock market? Is it a positive signal or not? Should investors hold on for more gains or take profits now? Which Chinese stock are you most optimistic about?
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