With stocks having fallen so much, much of the risk has been priced in and another free-fall is quite unlikely, although the chance of a sustainable rebound is also slim, china's economy is slowing, but it's still growing much faster than U.S. and Europe. While the yuan is under depreciation pressure, China has the ability to control the pace of declines.

David Dai

Categorized in : Industrials

The two consecutive quarters of profitability gives investors more confidence on the food delivery business model.

The China stock market is so fragile, i think Xiaomi is worried about its valuation, and is considering a China listing at a better time.

Government bond yields are perceived as risk-free rates. If these yields fall, stocks with low valuations would become more attractive, especially those with high payout ratios.

Many stocks have fallen a lot recently, and worth buying. Now that MSCI doesn't include A shares, we just play by our own rules of the game.

Investors are waiting for new events that can drive the market. by David Dai

Investors are waiting for new events that can drive the market.

Over half of all listed companies in China have their shares pledged, so if the market falls further, this issue could become a systemic risk.

With stocks having fallen so much, much of the risk has been priced in and another free-fall is quite unlikely, although the chance of a sustainable rebound is slim.

Without the circuit breaker mechanism, the market wouldn't have d... by David Dai

Without the circuit breaker mechanism, the market wouldn't have dropped so much.

Insurers' purchases have put blue chips into the market's spot li... by David Dai

Insurers' purchases have put blue chips into the market's spot light.

It's back to normal. There will be ups and downs, but not the kin... by David Dai

It's back to normal. There will be ups and downs, but not the kind of panic selling we saw earlier.

Volume has been tiny..., so you don't need a lot of money to push... by David Dai

Volume has been tiny..., so you don't need a lot of money to push up prices.

The previous days' slumps have triggered margin calls and forced liquidation in some stocks, which is why you see some investors dumping shares at whatever prices they can sell.

It's no longer a market where you can go up and up, with no resis... by David Dai

It's no longer a market where you can go up and up, with no resistance.

The correction is not yet over, yesterday's slump was too rapid, so many investors didn't have time to flee. Many are still seeking exit.

The government wants a slow bull market that can last for one or... by David Dai

The government wants a slow bull market that can last for one or two years.

There's no doubt it's a bull market. by David Dai

There's no doubt it's a bull market.

You cannot just look at price-earning ratios; you need to look at... by David Dai

You cannot just look at price-earning ratios; you need to look at growth.