China Stops Buying Gold
China started buying gold in Q4 2022, and had been steadily buying all the way till April 2024. Although China has been buying for so long, it was only in early 2024 that the masses took note of it. Gold…
Pencil Leads
[Trading Portfolio] 2024 Week 23
This week I put in another queue at 4.51 RMB with a position size of 1300 shares for Three Gorges Renewables (600905). Prices of the share fell to the lowest of 4.55 and dashed back up to 4.70 on the…
[Trading Portfolio] 2024 Week 22
It was a boring week. 0 profits in total. The currencies and metals were stagnant. It was as if the market was taking a break or waiting for something big to come. Nonetheless, one should stick to plan and not…
Earning Money Through Games
Few days back I was talking to a friend who is exploring a viable side income. The games sector was one of the options I suggested to him, which he found particularly interesting. In the current economical climate where people…
[Trading Portfolio] 2024 Week 21
This week has been a slow boring week. I did not manage to open a new grid as I did not see any suitable opportunities for me to do so. Prices for GBP/USD were more or less stagnant, and EUR/CHF…
China Capital Markets Shake-Up
China has recently come up with a series of guidelines and enforcements to regulate their capital markets, and by extension to inject confidence among investors, ultimately reviving their now near-dead capital markets, especially their stock markets. On 12 April 2024,…
[Trading Portfolio] 2024 Week 20
This week I closed the GBP/USD grid which I opened since 05 Dec 2023 as the GBP/USD crossed the 1.27 mark. It had crossed the mark in March 2023, but I did not close the grid as I thought there…
Baidu VP And PR Chief Qu Jing
Recently a series of reels on the personal Douyin (China’s version of TikTok) account of Baidu VP and PR chief Qu Jing went viral in China, and a backlash so serious resulted in her apology and resignation. In Gen Z’s…
[Trading Portfolio] 2024 Week 19
This week I bought 1100 shares of Three Gorges Renewables Group Co Ltd (Ticker: 600905) at 4.70 RMB per share. This brings my total holdings to be at 2700 shares, with an average price of 4.71 RMB per share. Not…
[Trading Portfolio] 2024 Week 17 And 18
I have just expanded my website to include my trading and investment portfolio, which I will try to update weekly. This is the first post, and not all information will be put in immediately. There will be no heavy content,…