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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (203904)	1/17/2024 4:17:48 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217948

Re <<China's Stock Market Is in Free Fall>> I am deploying cash to the China market via the HK market, and hope / expect to score >20% for 2024 from this point forward through direct purchases of equities. Have also deployed cash to structured products wrapped around bank deposits to boost fixed deposit yields from ~5% on collateral to ~12%, on principal-protected basis. I am only buying the below 7 shares (used to be 5 and just added 9888 and 0016), am already at 1/3 to 1/2 deployment of intended peak. Had bought into 0883 and 0941 at the lows much earlier than now, by happy chance, per record of this thread. I append 5-years chart + summary details, together with my notes, in order of symbol / code number, and in overall blend to hit 4.5% dividend yield so that I get a drink of water whilst I wait for +20+% and hope for up to +50%. Might take 2-years. Who can know. On the charts I have indicated the pandemic low. I am loving the situation, I hope to be correct ... 0016 SHK Property (large (29 billion) developer, high rental revenue proportion, low debt, conservative management, high sustainable yield) finance.yahoo.com 0388 HK Exchange, to be financial hub of BRICS+, BRI, and is a financial centre of the planet as well as China, owns London Metals Exchange, mandated to keep paying dividends finance.yahoo.com 0700 Tencent, parent of WeChat, does games and movies, cloud storage, and working on chips and AI and and and, sanctioned finance.yahoo.com 0883 CNOOC large oil, sanctioned, low PE, high sustainable dividend, sanctioned finance.yahoo.com 0941 China Mobile, planet's largest cellular operation, high 5G content from both public and private networks, lots of AI work, sustainable dividends unless investing finance.yahoo.com 9888 Baidu, China's Google / Alphabet, large AI player, newly sanctioned finance.yahoo.com 9988 Alibaba, necessary for the planet, under sanction, besides being exchange, also doing clouds, and working on AI, etc etc finance.yahoo.com

To: Haim R. Branisteanu who wrote (203904)	1/18/2024 7:21:50 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217948

Re <<China's Stock Market Is in Free Fall>> ... as far as I am concerned, delicious, but yes, caution called for, sort of like Fugu fish en.wikipedia.org scmp.com Chinese stocks listed in Shanghai and Hong Kong have never been cheaper. Here’s why \| South China Morning Post Published: 7:30am, 19 Jan, 2024 The Lujiazui financial district in Shanghai. On average, investors are only willing to pay 1.2 times the book values of companies listed in the city, according to Bloomberg data, the lowest since it began compiling the Shanghai Composite Index in 2002. Photo: Bloomberg Chinese stocks listed in Shanghai have never been cheaper, or so unloved. A two-year sell-off has now spilled over into 2024, pushing one market valuation to an all-time low. Money managers and analysts say they are struggling to see an imminent turnaround. On average, investors are only willing to pay 1.2 times the book values of companies listed in China’s financial and commerce hub as of Wednesday, according to Bloomberg data, the lowest since it began compiling the Shanghai Composite Index in 2002. This represents a mighty fall from a peak of 7.15 times in October 2007. The fate of mostly Chinese companies represented on the Hang Seng Index in Hong Kong is far worse. Their average price-to-book value stood at 0.85 times on Wednesday, near the record-low of 0.82 times reported in October 2022. The measure peaked at 1.56 times in April 2015, according to Bloomberg data. “The derating of the valuations of Chinese equities has been a big drag on performance,” said Nicholas Yeo, the Hong Kong-based head of China equities at abrdn, which manages assets worth US$467 billion globally. That is largely due to the economy being not great, he added. At the same time, perceptions, especially outside China, have been pretty negative, Yeo said. Unpack daily market news from Hong Kong and China, with analysis, updates, company results and insights. The Shanghai Composite Index tracks all 2,158 companies listed on the bourse, with a total market capitalisation of 42.9 trillion yuan (US$6 trillion). The Index has declined 4.3 per cent so far this year to approach its lowest level seen in March 2020, before the Covid-19 pandemic took hold. This follows losses of 3.7 per cent in 2023 and 15.1 per cent in 2022, with more than 5 trillion yuan in capitalisation erased in this losing streak. Sentiment has taken a blow this month after a set of government data showed China’s economy continued to struggle throughout 2023, with deflationary pressure persisting and gross domestic product growth trailing market consensus. Meanwhile, the Chinese central bank has unexpectedly held rates steady this week, dashing hopes that Beijing will inject liquidity to help the struggling economy. Global funds cut their allocations in Chinese stocks to the lowest net underweight in more than a year due to “chronic disappointment”, according to Bank of America. Offshore investors have sold more than 26 billion yuan worth of mainland stocks so far in January, adding to the record US$26.2 billion sell-off in the previous five months, according to Stock Connect data. “I think it’s still possible for the market to drop further under this overwhelming selling pressure,” said Jason Chan, investment strategist at Bank of East Asia. Even the widely speculated state buying might not be enough to offset this pessimism, he added. “The main things are still geopolitics, the lack of an economic recovery and earnings, which have been going downwards rather than upwards,” Yeo said during a media briefing on Thursday. “All these [elements] have to reverse – especially earnings have to reverse to push markets higher.”