STE's Stocks Investing Journey

  If you are one of the investors investing in the CHN/HKG tech sector, I am sure you would have felt the pinch as the index (iShares Hang Seng TECH ETF (3067.HK) is down by -37% from the all-time high of $22.98 to $14.40 as of writing this article and it was down by -44% at one point. The prospect of these China tech stocks will be challenging, and I don’t think we should expect any immediate rebound from this sector and is going to be volatile since the crackdown from the regulatory on “ anti-monopoly” (Baba/Tencent) to “data security “(Didi) and the recent “education” (TAL/ New Oriental) . We have seen the share price plunged by more than 30-50% and some education stocks almost wipe out with dropping of more -90%. As usual, we will see two different points of view with regards to this tech crackdown and correction, some said it is just a temporary trend and the regulatory is just trying to target some / certain sub-sectors within the tech sector and enact some control or ti...

 "Close -Open, Open -Close ", yes, this is what we are facing now with the new measure of moving back to P2HA ( Phase 2 Heightened Alert) since 22 July. I know everyone seems "frustrate " and a bit "tiring" of such "on-off" tightening and social distancing measures, including me. STE and Mrs will be not able to go to the park for our morning walk and sit down at a coffee shop to enjoy our breakfast, as usual, we could only walk at our neighbourhood park and "ta-pao" the breakfast back home.  But, hey! we are facing a totally new virus that is very "virulent " and an unprecedented pandemic. We are still searching for the "best way or path" to learn how to live with this " naughty and deadly " virus. Is like searching for the best "investment strategy", we learn by "trial and error ", we fall into some "pitfall" while learning and learn from the mistakes. We are also chasing with...

Different Attitude Towards The World Of Crypto: China vs the US   It is quite obvious that China ( or even India and some other countries ) has a different approach towards Crypto vs the US. These countries are imposing a ban or restricting crypto trading and mining while the US is just trying to regulate Crypto. Why? " 水很深 "   Just look at the trading volume and value of Crypto daily and remember most of the trading were done in the US market and transacted in USD. At the highest point, total market capitalization for Crypto was more than $ 2 Trillion in Apr 2021 and represent about 17%   of the global total Gold value. Again, if you look at the below chart, the highest daily trading value for crypto could reach as high as $3.18 Billion , even at this moment, the daily trading value is more than $450 mil. Just imagine how the US major financial institution like GS / JP Morgan trying to promote the crypto through ETF/structural products / derivatives/op...