Sivolc

$JD.com(JD.US) has been falling again recently. While Liu Qiangdong is busy with his new yacht, the secondary market isn't showing any respect, almost shattering everyone's faith. I thought the robots and the Spring Festival Gala traffic at the beginning of the year might bring a rebound, but the news still turned out negative (in the red).

I honestly locked in my losses. Looking back, I realize the e-commerce sector really doesn't have much room for imagination these days; it's all the tech stocks putting on a show.

Today, the Hong Kong and Singapore stock markets closed early in the afternoon, and the US stock market also closed three hours earlier. It feels like the entire Asia-Pacific to US markets are in a "half-day session."

For retail investors, on days with such short trading windows, they either follow the trend and wait or position their holdings in advance.

The pace has slowed, but market news can still be digested.

Has anyone recently checked the stock of China Tobacco Hong Kong? The price is so calm, with a market cap of 24 billion. The tobacco export business is quite stable, but the turnover is only 0.09%, with a daily trading volume of 20 million. It's like watching flowers in the fog 😅. The community discussions are like a tea party, everyone is passively waiting for dividends, with no new industry news, and the stock price is still hovering sideways. Among Hong Kong blue-chip stocks, it's one of the steadiest... Who understands this slow-moving market?

Direct Digital Holdings, this low-priced small-cap stock, showed unusual movement today... The trading volume surged to $55.2 million in a single day, with a turnover rate of 1500%+, and the volume exploded ridiculously. Despite its small market cap, the capital is so 'excited.' But I scanned all the news and announcements—there’s no major event at all. It feels more like sector sentiment driving the trend. Think back to the low-position counterattack in early March—the script is familiar. Short-term hot money loves playing this type. Suggest observing the sustainability further and whether there are additional short-term signals 🧐

Sigh, talking about BYD Electronics gives me a headache... With such a large market cap, the stock price is relatively stable, but the turnover rate of 0.8% shows mediocre activity. The business spans from traditional mobile phones to new energy components—comprehensive but always feeling like a supporting role. The dividend history is just so-so, and the community often complains. Foreign capital comes and goes from time to time... Now the sector is heating up again, but I feel this stock isn’t the focus. Every time news breaks, the discussion wave just fizzles out—it really lacks that protagonist aura.

Tesla's autonomous driving was released on the third day after the holiday

Feels like there's still room for speculation, can keep watching

For the autonomous driving sector, it's worth keeping an eye on. It's essentially a bet on Tesla's post-National Day release. Today, funds are taking the first move. Tomorrow, we'll look for opportunities to switch into the leading positions and observe the sustainability.

Someone asked, since both are backed by the Chinese economy, why has the Hong Kong stock market been strong while the A-share market has been weak this year? The factors determining stock price trends are: 1. Performance (how much money is earned); 2. Cash returns (how much is distributed); 3. Valuation (how much you have to pay to buy); 4. Liquidity (whether there are more buyers or sellers). While both the Hong Kong and A-share markets are indeed backed by the Chinese economy, this only determines the first point (in fact, Hong Kong stocks have a much higher proportion of leading Chinese companies compared to A-shares, meaning this aspect is still better for Hong Kong stocks). Points 2 and 3 are clearly in favor of Hong Kong stocks. For point 4, Hong Kong stocks were heavily affected when foreign capital concentrated on outflows in the past two years, but this year it seems that those who wanted to withdraw have already done so, so the marginal impact has diminished significantly. The result is that Hong Kong stocks have even entered a technical bull market (the ETF of the Hang Seng China Enterprises Index has risen by more than 20%), even outperforming this year's U.S. stocks and significantly surpassing the much-hyped Japanese stocks. Recently, the A-share market has introduced some policies allowing borrowing for buybacks. Let's wait and see if the amount of stock buybacks and cancellations in the A-share market can surge like in Hong Kong! $Honghu Hongfu Active Allocation Phase 1 (P001569)$ $Honghu Steady Macro Hedge (P001576)$

$GOGOX(02246.HK) What's the reason for the surge? Could it be related to AI? Smart delivery? This morning, it rose by more than 70%, and in the afternoon, the increase expanded to nearly 1.3 times, reaching a high of HK$0.8. It closed at HK$0.68, up 91.6%, making it the top gainer. Trading volume surged to HK$150 million, with a market cap of HK$430 million.

Digging into the financial report: At the beginning of last month, it announced an annual loss of 1.1 billion yuan, narrowing by 9% compared to the 1.21 billion yuan loss in the same period in 2022. The loss per share was 1.76 yuan, with no dividend.Since its IPO, Kuaigou Dache has fallen almost 99% from its peak to its lowest point, leaving just 1%. A rise from 1% to 2% was achieved in a single day, but do speculators know when another sharp drop might come?

大家好，作为一位资深投资者，今天给大家简单谈谈中国船舶、中远海控和兆易创新的情况。首先，大盘下跌并未结束，目前没有加仓点，需要谨慎对待，不要着急加仓。

其次，地产最近涨幅不错，不知道周末是否有政策出台。家电 ETF 作为地产链的核心，目前受格力业绩影响，短期看好；中期依旧看好。

第三，对于半导体板块，建议等均线走平后再加仓，下半年必有行情。

第四，破船近期表现不如重工，周一可能还会继续下跌，但无论如何，只买不卖。

最后，大盘下跌实际上是好事情，下周中变盘，前几天跌反而接下来会涨，不要害怕。以上是我的观点，希望对大家投资有所启发。

香港媒体报道：$ 零跑汽车.HK 周二（20 日）起招股，綜合各大券商數據顯示，截至周二中午 12 時，零跑暫時錄得 2832 萬元孖展，若以公開發售集資 8.11 億元計算，仍未獲得足夠認購。國際配售部份则已獲足額認購。