**Generated by DeepSeek** Why is there such a large price difference between A-share and H-share? The price difference between A-shares (listed in mainland China) and H-shares (listed in Hong Kong) is mainly caused by the following factors: --- ### **1. Market Segmentation and Capital Controls** - **Restrictions on capital flows**: Mainland China maintains capital account controls, preventing free cross-border movement of funds. As a result, the A-share and H-share markets remain relatively independent, limiting arbitrage and preventing price differences from being quickly eliminated by market forces. - **Different investor structures**: - **A-shares**: Dominated by domestic retail investors and some institutions, with a focus on short-term trading and policy direction. - **H-shares**: Dom

$JDC.HK 20260429 105.00 PUT$ Decided to close this April sell put because there is a dividend payout in the middle. 

‌$JD-SW(09618)$  ‌Apart from the dismal EPS in Q4, falling earnings growth, strong revenue and low PE, what justifies the enthusiastic price performance today? I asked Deepseek this question "Based on news flow and analysts reports for 2025, when its JD's earnings likely to rebound in 2026?" and it quoted HSBC Global Research that "revenue and profit growth to have bottomed in the fourth quarter of 2025". Also there could be a "second half 2026 recovery". https://chat.deepseek.com/share/bfw8w0rct27bysskvq

$Sea Ltd(SE)$  EPS performance is actually not bad if we look at full year results but PE Ratio is too high in the current very volatile environment. Even for a gung-ho investor there are better alternatives to choose from. 

$NCI(01336)$ Held since 270 days. Besides dividends, been getting cash flow from selling covered calls. 

$NCL.HK 20260226 60.00 CALL$ Potential support here. This strike was too low anyway so looking to sell call with higher strike. 

$NCL.HK 20260129 60.00 CALL$ This is part of a covered call that is expiring next Friday. The underlying stock is doing very well and I am unhappy to part with it. Recent top is over $63 which means market definitely willing to pay for upset. There is FOMC next week and CME odds indicate 95% no rate change. With the US positioning to attack in the ME, I think holding this position to expiration is an "if-fy" decision but I have steeled myself to accept the outcome. 

$NCL.HK 20260129 57.50 CALL$ Rolled over to April. 

$NCL.HK 20260429 62.50 CALL$ Rollover. 

$JDC.HK 20260226 112.50 PUT$ Get paid to accept exposure by selling put; building a position.

$Shenghe Resources Holding Co.,Ltd.(600392)$ Tweaking portfolio.