Where u sell at?I am disgusted at my AMC paper hands.
Where u sell at?I am disgusted at my AMC paper hands.
Need NIO to come back.good day for chinese stocks today, back in the green on JD. hopefully this trend continues, i need to dump these BABA bags
AMC is on a rocket. my $500 i bought at $4 would've been ~7k if i held. instead i sold at $18
i want to consolidate all my chinese positions into JD, which looks like it has the backing of the CCP and has a great outlook moving forward especially when margins start improving. BABA's standing with the CCP is less clear and it's a bigger target for anti-monopoly legislation.why tho? baba is a long term hold. china is allowing 3 kids now, gonna be a lot of money and growth coming from them.
AMC got halted, hopefully, after GME, people just hold the line
i want to consolidate all my chinese positions into JD, which looks like it has the backing of the CCP and has a great outlook moving forward especially when margins start improving. BABA's standing with the CCP is less clear and it's a bigger target for anti-monopoly legislation.
regarding the 3 child policy, this is in response to china's looming demographic problem (similar to korea and japan, it's gonna have way too many old people who need to be supported by the working population). they are also raising the retirement age to compensate for this as well. it's not clear how well these policies will work though, and it could be a desperate reaction to the demographics shifting much faster than they expected. this is a clear advantage that america has over china (our birth rates look much better, tho still lower than ideal). definitely something to closely monitor for long-term holders of chinese stocks.
This is a fascinating turn of events. And it seems like thry can do it wheneverHow can you keep halting trading?
It's common when the price goes up a certain percentage too fast. It's already shot back up to 57.How can you keep halting trading?
AMC got halted, hopefully, after GME, people just hold the line