|Day Low/High||8.30 / 8.80|
|52 Wk Low/High||8.16 / 28.97|
I'm not interested in a buy and hold here but this one is showing potential for a momentum run.
One group seeing some momentum today is bitcoin.
The blow-up of a fund last Friday is causing repercussions, but it is simply accelerating corrective action that was already underway.
Nomura, Credit Suisse warn profits will take a hit after a client - reportedly Archegos Capital Management - missed margin payments.
This is a process that occurs on a regular basis, and eventually, it should lead to another great upside run.
While the Chinese company is still not profitable, it is cash flow positive.
Traders have to take the extra step to understand the underlying company and sector before jumping into a position.
The U.S. is reportedly eyeing amending bans on U.S. companies working with the Chinese tech giant, and this is creating opportunities.
I warned when Luckin Coffee went public in May 2019 that the story was too good to be true. It was.
Unfortunately, we have to operate under the principle of where there's smoke, there's fire.
We play the game in front of us. We try to excel in the environment provided.
When time frames differ (short-term vs. long-term), it can result in actions that may seem to void the other. That simply isn't the case.
IQ appears ready to break out just as the broader market stalls.
A report indicated that Trump Administration officials are seeking ways to limit capital flows from U.S. investors into China.
The Chinese tech giant is charging hard to close August, adding hope for bulls betting on an inflection point.
With MSCI increasing the weight of domestic Chinese stocks in its global index weighting, what happens in China does not stay in China.
Nvidia still needs China's approval for the buyout of Mellanox.
The Chinese tech giant beat EPS estimates and reported better-than-expected gaming revenue. But total revenue missed expectations amid slower ad sales growth.
I would love to see a real implosion in the Shanghai market caused by trade tremors. Why? Because I don't own any Chinese equities and yet still believe in the country's long-term growth stories.
The online ad firm has seen strong growth in a U.S. market where Google, Facebook and Amazon loom large. And it's now entering China.
YY has been hammered time and time again after reporting earnings. Last week, that trend came to an end.
I tend to focus more on individual stocks I'm holding rather than try to predict what the indices will do next.
Or is it central banking? I know that you noticed the fact that Chinese mainland equities came back from the Lunar New Year with a bit of gusto. The Shanghai Composite picked up a cool 1.36% in Monday trade. This came after China's commerce ministry...
Eight of these 11 trade ideas are in the green, with a few big winners.
Chinese video-streaming service and online entertainment company iQiyi could fill the void Baidu lacks to compete with ByteDance.
The streaming giant is trading well below the levels it was at before it issued upbeat subscriber guidance in October.
Personally, I have been flat all Chinese equities since early autumn when I exited my long position in iQIYI . That name had been my "secret weapon" in an article that I had written shortly after it's U.S. IPO in late March. For those who may still...