$POPMART Has Duan Yongping been caught holding the bag too? Is now the time to buy the dip in Pop Mart?
Honestly, I don’t understand Pop Mart, and I don’t understand why Duan Yongping bought it.
The disclosed purchase prices for some of his shares were HK$150–162.5. Based on the current share price, some of those holdings are already in the red.
And to make matters worse, Q3 revenue growth is facing significant pressure to slow down.
What exactly does Duan Yongping see?
Is it that I don’t understand the business, or has the market unfairly punished the stock?
If it were you, would you dare to buy the dip in Pop Mart now?
$UNITREE really wants to open a large short position, but the funding rate is too high right now—it's almost at -1.
【Nine departments: Accelerate the promotion of commerce through technology and advance the “AI + Manufacturing” special initiative】This must be the reason for today's massive surge.
South Korean stocks plunge 6%, hitting nearly three-month low
On October 15, as a global sell-off in chip stocks continued and investors grew increasingly cautious about the sustainability of the AI investment boom and the earnings outlook for related companies, Japanese and South Korean stocks opened lower. The Nikkei 225 fell more than 3% intraday, while Kioxia dropped more than 8%. South Korea’s KOSPI index fell for a seventh consecutive trading day, at one point losing 6% and hitting its lowest level since July 31. Semiconductor heavyweights were the main drag: Samsung Electronics fell more than 7%, and SK Hynix dropped more than 8%. South Korea’s exchange subsequently activated a sidecar mechanism for the KOSPI, suspending program selling.
$KORU The last time it fell this much, many people in South Korea jumped off buildings!
【South Korea’s KOSPI index opens down 5.59%】On October 15, South Korea’s KOSPI index opened down 5.59% at 5,673.01 points. SK Hynix fell more than 7%, while Samsung Electronics fell nearly 7%.
【South Korea's KOSPI Index decline widens to 7%】On October 13, South Korea's KOSPI Index decline widened to 7%, and it is now at 5,937.45 points. SK Hynix fell more than 9%, while Samsung Electronics dropped over 8%.
South Korea’s Kospi index fell more than 6.5% intraday, while Samsung Electronics and SK Hynix extended their declines to a fifth consecutive trading day. The once-booming Korean AI trade is now seeing capital flow out: foreign investors net sold more than $6 billion in October, and buybacks worth about $41 billion by the two chip giants are also about to end.