Indeed has been one way traffic for a while, hoping to get above water in next couple of weeks. |
China economy on the up it said on the news today fingers crossed we will get back up to where we were before. |
Back in here for a little toe dip. Let's see how it goes. BOB |
Now with China NOT improving New LOW BELOW 200 expected then further falls its a mess..
FCSS managers are POOR TO A DISASTER!! |
It is good when a plan comes together! Big jump today. |
Sentiment is low and US and the media still focused on Chinese politics but some buy signals... Alibaba is now oversold.Manufacturing posting its biggest improvement in more than a decade, services activity climbing and the housing market stabilizing.Next week's National People's Congress will be held, where a new growth target will be disclosed.I think I will buy in a smaller holding than i had at today's price and top up monthly here. There seems to be value and as long as China don't fully align with Russia it might just make it through. Due to the volatility here, it is a high risk trust - it might end badly for me. |
I sold out here. Having held for a long time missed the 100% sell opportunity(thanks Xi). I sold out just under £3.I felt the inflow of money and rapid rise was a tell tale sign to sell. The increasing anti-China rhetoric in the media another. The wider appetite isn't there just yet, though the Chinese government are offering easy loans, so there will hopefully be money to kick start consumer demand.I am watching and may restart a monthly investment here, though I might side with India IGC and wider EM: MMIT. |
Or people taking short term profits? |
Looking overbought run too far ahead ? |
A very interesting time to invest in China once more. Well done all Oct/Nov 2022 bottom pickers! |
Well I too am underwater with these but think the amount of buying recently shows others have faith |
Thanks for opening up again China. May be on my way back to recovering some of my losses.
I would have thought there may have been some interest as I would appreciate advice. |
No as charts not looking good with further falls likely. Support about 175p but too Risky..it’s a mess!! Fidelity should sack manager and stop fund!! It’s more like a lucky dip as the Chinese companies tell fund managers what they want to hear and probably fiddle books and Government change rules too often. Too Risky!!
Covid still a major issue!!.
The question I have is what do the Chinese know about COVID that western countries are not telling us. China go into Zero policy LOCK DOWN so why do the Jabs not Work!!! |
Well halfpenny are you buying now as it appears the company is buying chunks at the moment of its own shares below the 200 mark. |
FCSS looks like testing 225 or even 200. So How Low How Soon as China has very weak PMI and struggling. Staying in sideline and waiting for below 200p before considering FCSS. Covid still a big issue in China.. |
Hardman & Co interview discussing their report “Eight questions for the 20th July AGM” |
Maybe, maybe not. I think a golden cross is a few weeks off. |
Appears to have finally broken out of the one year downtrend.....you'd think the bottom may well be in now and safe to start picking up a few for the long term? |
Keep looking at the 3 year chart and wondering why the heck I didn't cash this in at 500p. Quite unbelievable that it's retraced the entire rise. It's starting to feel like a bottoming process might be playing out but would like to see a sustained push back over 250 towards 300 to be sure |
Questor's tip is panning out true to form so far. Looks like this is heading for new lows unfortunately |
Stephen Bartholomeusz has a pretty good handle on the situation in China. Published yesterday in Australia's AGE. |