To The Moon

Year-to-Date, the Hang Seng Index‌$HSI(HSI)$  ‌ has surged by 15%, the Hang Seng Tech Index ‌‌$HSTECH(HSTECH)$  ‌$HSI(HSI)$  ‌$CSOP HS TECH(03033)$  ‌‌by 27%, and Alibaba‌$Alibaba(BABA)$  ‌‌$BABA-W(09988)$  ‌ has skyrocketed by 47%! What's driving these gains, and what should we anticipate next? ‌ Here's a quick update: 1. Investor Sentiment on Chinese Tech: Global Tech Investor has been heavily questioned by Deepseek, but I'm not here to debate AI superiority. The market's response is clear, with many in

As soon as Trump took office, he declared a national energy emergency, signaling his goal to boost energy supply growth with his "Drill, Baby, Drill" policy. Oil prices‌$United States Oil Fund LP(USO)$  ‌ and energy companies‌$Energy Select Sector SPDR Fund(XLE)$  ‌ corrected downward after a strong rally, which had been driven by sanctions on Russian oil imposed by Joe Biden just before leaving office. It remains uncertain how the "baby" will drill, given years of low capital expenditure (capex) investment, and whether OPEC will be willing to increase supply to "facilitate" Trump's push for lower oil prices. Complicating matters further is Trump's "Maximum Pain" sanctions on Iranian oil, which co

The Hang Seng Tech Index ‌$HSTECH(HSTECH)$  ‌ has been consolidating within the broader Hang Seng Index ‌$HSI(HSI)$  ‌since February 14, 2022 (Happy Valentine’s Day!). Last week, it successfully broke out with a strong upward move, clearly surpassing the consolidation range and closing above the 200-week EMA. Actions:  1. Holding Position ‌$BABA-W(09988)$  ‌$Alibaba(BABA)$  : I am not increasing my allocation to Alibaba, as I already hold a 25% position, and the RSI is approaching overbought levels. I am also not selling or considering selling covered calls. I am mentally prepared to stay

Tickler of Interest: ‌$ZIJIN MINING(02899)$  ‌‌$Zijin Mining Group Company Ltd.(ZIJMY)$  ‌‌$SPDR Gold Shares(GLD)$  ‌‌$United States Copper Index Fund(CPER)$  ‌‌$VanEck Gold Miners ETF(GDX)$  ‌‌$Global X Copper Miners ETF(COPX)$  ‌‌$CGN POWER(01816)$  ‌ Gold (and silver) is making headlines, fueled by rumors that U.S. Treasury Secretary Scott Bessent is stockpiling gold for the U.S. Treasury. Reports of gold shipments from the London Metal Exchange to New Yo

‌$ZIJIN MINING(02899)$  ‌ U.S. bans imports from Zijin Mining on Uyghur Foreced Labor Prevention Act Entity List. However, 79% of Zijin Mining Income is within China Mainland, the 5-8% selloff today is buying opportunity Gold‌$SPDR Gold Shares(GLD)$  ‌ and Copper‌$United States Copper Index Fund(CPER)$  ‌prices gaining very good strength, Zijin will benefit greatly!

‌$Energy Select Sector SPDR Fund(XLE)$   XLE/SPY- energy stocks are trying to reverse the downtrend ( to me a giant bullflag ) against SP500. The recent Russia sanctions from Biden and the likely Iran sanctions from Trump, should also give oil prices a good price range of $75~$85 per barrel. Oil tankers are on fire ‌‌$FRONTLINE PLC(FRO)$  ‌‌$COSCO SHIP ENGY(01138)$  ‌‌‌pullbacks are for adding. ( i will be posting when they retrace ) What have not took off are offshore drilling, which has been in a bear market for various reasons for a while. Trump has signal he will reversal the offshore dirilling restriction that Biden placed. ‌

Zijin Mining drop was due to US import blacklist.

Who is considered as eligible shareholder for SembCorp Marine dividend?

$TENCENT(00700)$ holders: if you hold Tencent after the close on January 4, 2023, you are eligible for the distribution. Ten shares of Tencent will be distributed as one share of $Meituan(03690)$ on March 24 Selling Tencent on Jan 5 will not affect the arrival of your Meituan shares on March 24. However, Tencent purchased after January 5 will not include Meituan distribution rights. Buying Tencent on January 4 and selling Tencent on January 5 is just a gamble and there is no certainty on a +ve arbitrage. Please save some of your hair and give up this illusion 🤪

$CKI HOLDINGS(01038)$  Bullish on the #energy sector still in 2023, price of CKI got wrecked by the British Pound and Euros plus the Chinese/HKG sell off. Good addition for me on top of $SEMBCORP INDUSTRIES LTD(U96.SI)$ and $KEPPEL CORPORATION LIMITED(BN4.SI)$