Didi announced delisting from NYSE today and plans to list on HKSE due to Chinese regulators concern over its huge possession of user data. Alibaba and other Chinese companies also have subdued price movement in the past 1 year or so. In fact , Ali hits recent lows. Personal views 1. Chinese companies clamoured for glory to list in US and, in the process, raised billions of dollars from investors worldwide. They brought the money back to China. 2. However, the Chinese government is not too happy citing different reasons over security, data issue and lack of loyalty to country. 3. It also wanted these mega companies to distribute some of their wealthy to social causes. 4. When astute investors and institutions see such a move by the govern
Many a times, we look at those who shared their huge profitable positions with envy, awe and admiration. And we wonder why it is not me.We need to differentiate whether the profitable trade is a once-off event or a series of success trades. If a trader, investor or speculator can hit a high success rate then we say he/she knows his/her stuff. Or else, there is no need to to admire or envy them. Retail players who treat the market as a gambling place will generally return all thier gains eventually because they cannot produce the same results consistently. Along the way, many will fail and fall and give up completely. And some will plough on. Eventually, all of us have to ask ourselves what are the objectives and goals (long term vs
Different theories of portfolio building... it doesn't matter which one u like or believe or disbelieve... it only matter whether yours make money. Buy the right stocks at the right price n timing are all that matter
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NYSE n NASDAQ r 2 largest mkt in the world. with trading made easy by different trading apps, the world is latched into these 2 mkt. The retail players from all of world are involved NOT just the young pple. However, it is the institutional investors n firms that actually called the shots.. let's not be naïve abt it
Jobless claim is down then worry about about FED tapering measures. So Dow is down.If Jobless claim is up, then worry about economy not recovering, Dow also can go down.These media and investment gurus have not lack of reasons to match the movement Dow . No difference whether u read or don't read.
Yea, for a punt. Models not proved yet.While US is starting EV trucks and buses. China BYD are already producing them.Soon the EV arena will be very crowded and exciting to watch. Who will be the ultimate winner?These billion dollars start up ... I wonder if thier valuation is justified.How will Japanese car markers response to this wave of competition? Or will they fade out of the industry.
Rivian IPO Puts Slow Race to Commercial EV to Public Market Test
USA forbids chinese companies to participate in US mkt due to tech n privacy issue. So they smack Chinese companies. China always scared abt data n privacy issue (in case tech firms betray own) so also got smack. squeeze on both ends
1st it was inflation dear. now it is the Delta variant of covid variant ... mkt has no lack of reasons to spark a sell off . anyway, a correction is good. Crash is even better...
Don't get draw in too easily. do your research. I was burnt by 2 of the listed counters when they consolidated. Mining, oil and gas can be risky bet unless u understand how that industry work .