HK shorted their tech sector
The author attributes the recent decline in HK tech stocks to short selling, offering no further evidence.
- The author attributes the sector's decline to short selling.
- Suggests a lack of fundamental reasons for the drop.
There is no other explanation
Straight down. Another great day to be a BABA bagholder
Tank Seng trades like China is going bankrupt.
Nope. Just look at Zhipu and minimax. Value investing is dead
Baba is the largest shareholder in both of them
6 billion market cap vs 306billion. Even if it owns all of Zhipu it doesn’t make a dent
Its really eye opening to see that Tech/AI companies in other country's hold very little value compared to US. Makes one wonder why?
Actually, if you look at tsmc and asml, they are quite valued.
It’s the unstable policies from ccp that shakes out investors.
The onshore China market is ripping. HK is the only one dying
https://preview.redd.it/h0adrt3ndt3h1.jpeg?width=3168&format=pjpg&auto=webp&s=8a3e955e4fad3e96ac4ecd12b4ad422cf1862d09
Tank Seng 2: when stimulus doesn’t call
Directed by Zhang Yimou
No one's shorting. It's just no one wants to freaking hold this garbage but bagholders need to sell to be liquid.
https://preview.redd.it/ob0tf07k9s3h1.jpeg?width=1125&format=pjpg&auto=webp&s=479e22dfde50e794cee1c0972a95715dc66eb8b1
Not seeing how it has been shorted heavily. Nobody wants this garbage.
BABA the only stock in the market that fills their downside gaps 🙄😐
honestly, it seems to me that at this point in time, just gotta admit that China tech. are a no go at all.
Lol

r/baba