No hype just CBAK Energy Technology, Inc. (CBAT) NasdaqCM - NasdaqCM Real Time Price. 1.4100+0.2000 (+16.53%) As of 03:46PM EDT. Market open. 4.8 mil traded******* massive
No Hype just PDD Holdings Inc. (PDD) NasdaqGS - NasdaqGS Real Time Price. 81.13+2.46 (+3.12%) As of 03:48PM EDT.
Jim Cramer has done good about educating would be buyers in Chinese rug pulling stocks. If you wait long enough the PRC will crush the stocks.
JIM CRAMER IS A LOT LIKE THE WEATHERMAN... RIGHT ABOUT HALF OF THE TIME..... "EXHAUSTING THE EAGLE"- A MARKET ON EDGE: The Chinese authorities have a torture method known as “exhausting an eagle.” It refers to an ancient practice by which falconers would train their birds of prey by never letting them sleep. The idea was that if you keep a falcon awake long enough, you’ll break its will. Humans are no different. To “exhaust an eagle” is when Chinese guards bang a gong next to your ear or shine two intensely bright lights at your face to make sure you don’t sleep. What the Chinese interrogation services know (as the CIA knows, too) is that a sleep-deprived man is a weak man. When you cannot rest, you’ll say and do whatever your captors want. ... AND THAT'S WHAT JIM CRAMER RELIES UPON.
PLEA TO THE MASSES: Some dummy popped Radio Savant back onto the most read part of the site and I mistakenly posted there yesterday I'm sure very important news-- PLEASE LET The Old Thread Go I am not posting any info there (on purpose) and my eyes I'll hit the wrong header if they are too close together. I know it's confusing.~si
TuSimple rallies after successful autonomous truck run in China The whole idea of advanced AI in China is interesting. I don't think the Chinese have a shortage of truck drivers or folks who want to work hard. I feel the Chinese Gov will make strong attempts to harness this technology & not allow a destruction of the workforce.
I am transitioning today. When we meet again I may be Chinese! // Oil Holds Biggest Jump in Six Weeks on Signs of China Stimulus 1 / 2 Oil Holds Biggest Jump in Six Weeks on Signs of China Stimulus
COME TO BEIKE... KE Holdings (BEKE), or "Beike," Current Price $17.08 Beike stock could become a long-term winner. KE Holdings owns two major businesses: Lianjia and Beike. Lianjia is a real estate agent that helps homeowners rent or sell their properties and customers find their dream homes. Think of it as "the Redfin of China." Beike is the platform that helps match customers to estate agents (including Lianjia). Think of this as "the Zillow of China." Beike has become an ever more dominant player in the Chinese real estate industry. Today, it has 394,000 active agents, 267 million homes in its database, 40,500 stores, and roughly 37 million mobile monthly active users (MAU) using its Beike platform. More importantly, Beike enables a large share of all real estate transactions in China. In the fourth quarter of 2022, the gross transaction value (GTV) of all Chinese existing and new home sales was around 3.1 trillion yuan ($450 billion). Out of this, Beike accounted for 647 billion yuan ($94 billion) or 21%. With its dominant position, Beike benefits from a virtual cycle of growing customers, agents, and property listings. After all, customers will go to the platform with the most property listings, while agents will go to where customers are. Thus, there are good reasons to expect Beike to grow its market share over time. But that's not all. Beike can also leverage the leading position of its Beike platform to expand into adjacent sectors. 52wk Range $9.09 - $21.08 Gross Margin 26.16% Beike is quietly expanding this new vertical Last year, Beike acquired Shengdu Home Renovation, doubling its investment in the up-and-coming home renovation and furnishing industry. Such a move was necessary as the Chinese property market faces headwinds, evident in Beike's 2022 performance -- GTV of existing and new home transactions fell by 23% and 42%, respectively. Moreover, as the Chinese population becomes wealthier, they will naturally spend more on improving their homes, which will benefit the home renovation and furnishing sector. By acquiring Shendu, the leader in this industry, the tech company could shorten its learning curve while gaining various cost and revenue synergies. For instance, it could leverage its user base and reputation to help Shendu grow faster while removing cost duplication from the combined entity. While it's still early, Shendu's acquisition has already led to a massive surge in home renovation revenue from 197 million yuan in 2021 to 5 billion yuan ($0.7 billion) in 2022. Over time, Beike could leverage its own experience in building a real estate platform -- and combine that with the understanding gained from operating Shendu -- to launch a home renovation and furnishing platform. ** If successful, this latest move will open up an entirely new (and growing) revenue stream for the company.