CHINA
I am bullish on the country, many of its stocks, ETFs and obviously in some way, I am biased so do your own due diligence before following. China's story is way beyond what many read on the news, whatever you can get hold of.
You gotta step into China yourself , live there for a while and experience the life there ! It's changes is so dynamic and fast paced that to keep track of it is a mind bogging exercise and its grey rules and boundaries make it harder for you to gather hard data.
I love to take public transport, buses, trains to observe , to talk to the locals and from there I gather my own intelligence. Some of course find this method out-dated, unreliable but thus far it has served me pretty well. I am only a small retail trader not a hedge fund house with huge capital to invest in a research team of analysts with MBA and chartered financial analysts.
Oh, I also like to watch the Chinese movies which reflect the thoughts and ideologies of the Chinese people in some way. Some stories are deeply embedded in the ancient chinese culture , Confucius, food and its people. It is rich and worth exploring.........
Focus on what you want NOT what you do not want - many have shared with me about the terrible things the chinese government do to HK people, Taiwan, etc. It is beyond me since I cannot talk to the CCP people and every country has its own political agenda to pursue.
Then there are articles about the unscrupulous businessmen who manufacture anything fake in China just to make money like plastic as noodles , mixed ingredients in baby infant powder. The list goes on........
Trust me, if you do a detailed search on other countries, you too would find these culprits too. China being the 2nd largest country would have a higher number of incidents purely from a large base to start with ............
I prefer to focus on what the government is doing right now - alleviating poverty for the people, building better infrastructure, upskill the minority and making great efforts to reduce carbon emissions. Maybe to the activists, this ain't enough but as onlookers and outsiders, isn't it always easier to criticise and put the blame on others ?
Same for trading and investment, when we lose money, how often do we reflect on our trades, our reasons for taking the positions rather than pointing fingers at the broker, the noises out there ,etc ?
I am bullish on the country, many of its stocks, ETFs and obviously in some way, I am biased so do your own due diligence before following. China's story is way beyond what many read on the news, whatever you can get hold of.
You gotta step into China yourself , live there for a while and experience the life there ! It's changes is so dynamic and fast paced that to keep track of it is a mind bogging exercise and its grey rules and boundaries make it harder for you to gather hard data.
I love to take public transport, buses, trains to observe , to talk to the locals and from there I gather my own intelligence. Some of course find this method out-dated, unreliable but thus far it has served me pretty well. I am only a small retail trader not a hedge fund house with huge capital to invest in a research team of analysts with MBA and chartered financial analysts.
Oh, I also like to watch the Chinese movies which reflect the thoughts and ideologies of the Chinese people in some way. Some stories are deeply embedded in the ancient chinese culture , Confucius, food and its people. It is rich and worth exploring.........
Focus on what you want NOT what you do not want - many have shared with me about the terrible things the chinese government do to HK people, Taiwan, etc. It is beyond me since I cannot talk to the CCP people and every country has its own political agenda to pursue.
Then there are articles about the unscrupulous businessmen who manufacture anything fake in China just to make money like plastic as noodles , mixed ingredients in baby infant powder. The list goes on........
Trust me, if you do a detailed search on other countries, you too would find these culprits too. China being the 2nd largest country would have a higher number of incidents purely from a large base to start with ............
I prefer to focus on what the government is doing right now - alleviating poverty for the people, building better infrastructure, upskill the minority and making great efforts to reduce carbon emissions. Maybe to the activists, this ain't enough but as onlookers and outsiders, isn't it always easier to criticise and put the blame on others ?
Same for trading and investment, when we lose money, how often do we reflect on our trades, our reasons for taking the positions rather than pointing fingers at the broker, the noises out there ,etc ?
Comment:
www.shine.cn/news/in-focus/2103246446/
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Comment:
awaiting 17766.1 to be cleared first before adding
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when you understand how to analyse a chart, it gives you more opportunity to park your funds elsewhere first. Since March till now, it is still in consolidation mode and have yet to break the 1776.1 resistance level, a sign that not enough bulls are participating in it. So, why long early when you can wait ? And while waiting, park your funds to other better assets that can gives you short term gain.
Comment:
Now, it has broke out of the resistance after a long consolidation phase !18,009 a good buying zone!!