Now, I hope the HSI will moves to option 2 instead of option 1. I think the latter is less likely to happen since the central government has already thrown in a lot of stimulus and time to prop up the market. To let it fall back to this low level will be discouraging and harder to get people interested to invest in the market once again.
I am also hoping the government will release more stimulus to people on the ground as consumer demand is still weak, crippling property market and weak job market. The silver lining seems to be the US- China trade tariffs issue which was resolved much quicker than expected. While there is no signed agreement for now, there are also no further escalation as well which is viewed positively by the market.
I am getting more ammunition to buy in those quality companies that i am eyeing on or averaging down some of the stocks that i am currently holding. No rush for now, just patiently awaiting..........
I am also hoping the government will release more stimulus to people on the ground as consumer demand is still weak, crippling property market and weak job market. The silver lining seems to be the US- China trade tariffs issue which was resolved much quicker than expected. While there is no signed agreement for now, there are also no further escalation as well which is viewed positively by the market.
I am getting more ammunition to buy in those quality companies that i am eyeing on or averaging down some of the stocks that i am currently holding. No rush for now, just patiently awaiting..........
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.