Tencent quarter result out today . Very important for hang Seng tech stocks. If the result is below expectations, HS tech going to be very “RED” tomorrow. Pray for the best.
Other the other hand, I am surprised to see South Korea analysts sudden change price target on memory chip stock. Don’t they foresee it before the Korea market plunge ?
Personally, I see the current move as a political move. The government doesn’t want the people to throw all their life savings into stock market and my view is more room for the memory chip stock to grow further.
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