$Tiger Brokers(TIGR)$ lol what a joke. Earning money like free, SP drop like free. China economy growing more than expected as well. I guess people just buy S&P and NASDAQ blindly
$NIO Inc.(NIO)$ Nio CEO confirmed profitability with ES8 sales alone. I'm surprised the general China weakness pulled down Nio again, but its all falling into place for a giant short squeeze. On weibo on 13th Jan, Nio CEO said that the ES8 carries 20% margin and even by the lowest spec alone, it will generate over 400m in profits in Q4 alone from 40k sales, almost ecplising Q3 losses.
$NIO Inc.(NIO)$ sales increasing, getting profitable, expanding margins, SP drop. $Tesla Motors(TSLA)$ sales dropping, margins squeezing, SP increase because "not a car company". LOL the story And narrative is controlled by the person with the money.
$POP MART(09992)$ taking profits here as major governments begins crackdown on blind boxes, citing easy gateway gambling for young kids and adults. Expecting huge backlash on Popmart, being key promoter of such blind boxes, offering little value other than gambling innotones.
$Tiger Brokers(TIGR)$ P/B of 1.7 on a tech company is unheard of. Pure manipulation. Especially when company is profitable and generating cash 3 times over YoY.