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Chinastocks

ALIBABA.....TURNING AROUND?As you can see Alibaba moved up on Wednesday just before the support at $164.20. Mainly because of the news that Alibaba launched an Amazon Prime-like concept called 88VIP. The day before that it was announced that Kroger would partner up with Alibaba to sell their products in China. Such partnership wouldn't be only good for Kroger it would possibly generate more traffic for Alibaba which could result in more revenue in other departments of the E-commerce company. Most eyes will be focused on the 23rd when the earnings release is due. With the last 4 reports beating estimates I'm fairly confident this one is no exception. In my opinion Alibaba is set to return to it's previous high's with the "oversold" 10-day RSI in the back of my mind and the recent positive developments on the fundamental side. First target is set at around $192.30 the second target would be close to $200. I will follow up if the targets get hit or when it breaks support. P.S. I'm not telling you what to do always cross-reference with your own analysis. I'm not responsible for your loss.
NYSE:BABA
by HungrywolfNL
China/Asia crashes through support - look out below.China/Asia break support and head lower as the debt contagion continues to spread in SE Asia. Watch how this debt/credit issue expands across SE Asia, South America and across the One Road project countries. My assumption is that China is using every resource possible to prevent this type of contagion event from happening now with it having "fingers in every country" and enacting a very bold and expansive initiative to expand trade and other infrastructure projects across the developing world. My opinion is that this contagion is just beginning to take root and once the true damage is known, it could be complete chaos while these other foreign nations and China attempt to restore some order and function to these lofty plans. There is an old saying in China that goes "How do you know a Chinaman is greedy? He will have one finger in every pot at the dinner table - but never eat". This saying it, literally, exactly what is happening in China at the moment. The greedy Chinaman has one finger in every pot to try to control (for himself) everything on the table, but with one finger in every pot (all the time), he can never really eat and enjoy the food. He is too busy trying to control everything and keep his fingers into everything. Watch how this plays out and visit my web sites if you want to know more about what I do and how I can help you navigate these global markets. We are going to see many huge swings in the financial markets over the next 10~20 years. You better be ready for it or have a solid team of people backing up you.
INDEX:000002Short
by BradMatheny
1810 - Xiaomi HKEX basic setup Xiaomi shows some signs of reverse / end of correction / around listing price. However locally Xiaomi is on the downtrend side. Reasons to be bullish include an expected surge in revenue and earnings, driven by Xiaomi’s focus on Internet services and its increasing share of the hardware market in China, according to notes seen by Bloomberg. In a 63-page note to clients titled “Building a mountain one grain at a time,” Goldman Sachs analysts including Piyush Mubayi estimate Xiaomi has as many as 190 million users worldwide. CICC predicts Xiaomi will grow revenue by 45 percent and earnings by 60 percent at a compound annual growth rate in 2018-2020. Morgan Stanley predicts a 61 percent growth rate for net profit in that period. Xiaomi is expected to release earnings on Aug. 22. Analysts now predict Xiaomi will rise 22 percent from Wednesday’s close, according to the average 12-month target price compiled by Bloomberg. www.bloomberg.com
HKEX:1810
by Pandorra
China's/Asia's DO OR DIE support level is hereMy custom China/Asia index shows, very clearly, the support near 7200 is critical at this time. The continued weakness originating out of China and the efforts to contain the current rout as well as contain an economic crisis are clearly generating concern throughout the globe. China has it's fingers in many other global nations. A collapse in China would directly influence dozens of foreign nations in terms of expectations and long term infrastructure projects. The one thing that concerns me the most is the abilities of the Chinese consumer and middle-class to continue their lifestyles while the Chinese economy appears to be contracting. At some point, we have to consider that the Chinese consumer may capitulate with this economic crisis and begin to pull away from speculating/investing in ways that the Chinese have not experienced since 1994-95. A prolonged decline in consumer activity is NOT what China wants in an attempt to recover. Watch this 7200 level over the next few weeks as this is likely going to be a temporary floor before a breakdown begins.
INDEX:000002Short
by BradMatheny
Ignore the manipulation, play the Chinese Trump card on BTCAll explained in detail on the graph but the simplification of the economic dynamic: Major world market index over the last 12 Months have been highly correlated with BTC (exceptions do take place). On Friday the 3rd August 2018 Chinese stocks ceded their ranking as the second-largest equity market in the world amid an elevation in trade tensions after the Trump administration said it was considering increasing the initial proposed tariff. Given China and Asian markets are major contributors to the value that BTC holds, BTC has taken a tumble despite US equity markets being on the rise. Chinese markets will open in a few hours. One would hope considering they are at almost a one year low and under a temporary trade war that a knee jerk reaction will cause an influx of capital across the markets (US markets could be an exception). In my opinion an exponential recovery of Bitcoin is imminent. The suppression of BTCUSD is from a number of temporary factors. I would consider this another buy opportunity.
COINBASE:BTCUSDLong
by warrenhochfeld
Chinas bear market correlates to NEO, buy the trade war dipAll explained in detail on this graph: But the simplification of a complex economic dynamic: Certain major world market index over the last 12 months highly correlated with with regional digital assets. Overnight, Chinese stocks ceded their ranking as the second-largest equity market in the world amid an elevation in trade tensions after the Trump administration said it was considering increasing the initial proposed tariff. Given China and Asian markets are major contributors to the value that NEO (and BTC) holds, NEO (and BTC) have taken a tumble. This is despite US equity markets being on the rise. In my opinion an exponential recovery of BTC, NEO and GAS is imminent. The suppression CHINAA50, BTCUSD NEOUSD and GASUSD from a temporary trade war is an opportunity to buy these assets at an already discounted price. Given that NEO is a Chinese based blockchain its not overly surprising that NEO and its utility token GAS has had an amplified price deterioration making then even more of a buying opportunity.
BITFINEX:NEOUSDLong
by warrenhochfeld
5
A-Share dilemma - break of trend or meteroic rise?Looking at the long-term trend, the Chinese A-shares are trading within a pretty well defined range since the mid 1990's. This includes two meteroic bubbles that have risen as quickly as they've crashed. Despite these bubbles forming, they haven't caused any massive damage to the Chinese economy such as what we saw when other large bubbles broke down (such as Japan's 1980's bubble, or the US dotcom bubble). Interestingly, each time the trend hit the lower end of the range, we've seen the a-shares shoot up meteroically. Fundamentally, I'm rather bearish on the Chinese market right now. They have an insane debt bubble combined with the news events coming from "trade war" problems. Most of the bubbles in the Shanghai Composite have come as a result of the Chinese govt's constant injections of liquidity and easing. This provides a window into a view of the debt bubble. Recently, the lower end of the range was once again just hit, and we also have come to learn that the Chinese gov't is already back to monetary easing through various means. Based on history, you would think we may see another meteoric rise in the Shanghai composite index, but I'm not sure that will happen this time around. China is painted into a more difficult corner this time around, and they are more wary about stock bubbles like this nowadays. I think given the fundamental picture, we're more likely to break the long-term trend downward. If the debt bubble does in fact burst, this will certainly be the case. With that said, I think it may be prudent to buy some deep OTM leap calls on the Shanghai Composite (you can use the ETF $ASHR) to capitalize on a potential blowoff bubble formed from more easing once again.
SShort
by GTStockmaster
1
YY - Slaughtered after earningsThe fundamentals: YY is a Chinese company with a popular streaming platform. Below is the summary of their latest earnings report: YY reported revenue of $518 million, beating analyst estimates for $487.8 million and up 43% in local currency. It reported adjusted earnings of $1.72 per share, beating Wall Street's view of $1.52 With social platforms, it is beneficial to consider active user growth in addition to the top and bottom line. "Its monthly active user base for mobile livestreaming service rose 24% from the year-ago period to more than 77.6 million" Analysts are optimistic about YY's future, with the majority upgrading to a Buy/Strong buy. The technicals: The run up to earnings set expectations far too high, and it is only natural that YY is seeing a massive 10% slump immediately after, even with a beat, similar to NVDA. It should be noted that with this slump, YY has underperformed QQQ YTD. 50&200EMA still indicates that the bullish momentum is there. The play: A good entry level is around $108, where the price seemed to settle before the massive run up to $124 right before earnings. Options buyers should wait for IV to settle down more before taking a position.
NASDAQ:YYLong
by dvdgege5