JD Return Rate

BABA Diamond Holder

Fattycat

[Week 4] Portfolio Health Check: Post-Earnings Rebalancing 📈🔄1️⃣ Current HoldingsI have made some major moves this week to rebalance my exposure. My sector distributions have shifted significantly:🟢 Automobiles: 26.44% (BYD)🟢 Interactive Media & Services: 22.10% (Tencent & Bilibili)🟢 Broadline Retail: 24.06% (Alibaba & JD)🟢 Tech Hardware & Peripherals: 17.09% (Xiaomi)My largest conviction has shifted to BYD (26.44%), followed by my new entry, Tencent (20.66%). I have also increased my US stake in Bilibili.😁2️⃣ Earnings WatchAfter the JD and Alibaba reports, my focus now shifts to the tail end of the month:🟢 Bilibili: 19 May 2026 (Tuesday)🟢 Xiaomi: 26 May 2026 (Tuesday)I will be watching to see if Xiaomi’s hardware margins and Bilibili’s user monetisation can beat market expectations.3️⃣ Portfolio ReactionI followed through on my plan to lock in profits! I trimmed JD significantly (from 800 to 200 shares) and its current P/L has jumped to +12.70% following a positive earnings reaction. Alibaba remains my strongest anchor at +24.37%.Newcomer Tencent is currently flat (-0.64%) while BYD (-4.74%) and Bilibili (-8.05%) are facing some short-term pressure.4️⃣ Next PlanWith the capital freed up from the JD sale, I have established a position in Tencent and added to BYD. My next move is to wait for the Xiaomi and Bilibili earnings before making further adjustments. I am keeping my cash reserves flexible for any “buy the dip” opportunities in the HK tech sector. 5️⃣ Risk CheckMy concentration risk has improved! My top two holdings now represent 47.1% of my portfolio (down from 66%+ last week). I acknowledged that I am still heavily invested in Hong Kong market however adding Tencent provides a more stable, cash-flow-rich pillar to my strategy. Progressing toward a more balanced “All-Weather” setup! ⚖️

The US 30-year yield is back above 5% interestingly during Trump’s visit to China. Is it a protest?🤭If long term yield move higher, global liquidity could tighten as borrowing conditions become tougher.😖In summary, Fed has less room to support markets and higher interest rates may start weighing on valuations again. Watch out for REITs holders 😅

$JD-SW(09618.HK)My journey with JD has been filled with ups and downs. I first bought the shares during the food delivery war, starting with 50 shares at HKD 125.8, and continued to DCA along the way, lowering my average cost to HKD 115.43 with 800 shares. Even when JD.com fell to HKD 95, I stayed invested because I strongly believed in JD’s fundamentals.This week, I decided to sell 600 shares to lock in gains following the earnings announcement. One important reason was to reduce my portfolio concentration risk .I continue to hold the remaining shares with conviction. I strongly believe in JD’s long-term growth potential. This approach allows me to secure part of the profits while remaining invested for future upside.Stay committed and ride the green dragon.

$BYD COMPANY(01211.HK)I have  just added more BYD shares today. I am doubling down on my conviction.Looking at the latest April 2026 global Price to Sales (P/S) data, the picture is clear:1️⃣ Global Auto Manufacturers Avg: ~1.0x2️⃣ Traditional OEMs (Toyota, VW, etc.): ~0.5x – 0.9x3️⃣ Pure-Play EV Startups (NIO, XPeng, Li Auto): ~2.0x – 4.0x4️⃣ BYD: ~1.1xAs the world’s #1 NEV seller by volume, BYD currently trades nearly in line with the mature traditional auto average (~1.0x P/S). This is not where a market leading tech-integrated EV player should be.A ~1.1x P/S means the market is pricing BYD like a slow-growth legacy manufacturer. The market is ignoring its leadership, scale, and battery tech edge. To me, this represents a deep discount and not fair value.I see strong upside ahead and believe this is an attractive accumulation zone. Added more, staying convicted for the long run. 😁

🏆 Weekly Gold (XAUUSD):💥 Gold Crashes 2.4% – Is the Bull Market Over?🔷 Market OverviewGold suffered one of its sharpest declines in recent months, falling -111.6 points (-2.40%) to close near $4,540.65. The move below $4,600 weakens short-term bullish momentum as traders price in higher for longer US interest rates.🔷 Technical Snapshots🟢 Bollinger Bands (Daily)Price collapsed from the middle band ($4,662.60) and is now testing the lower band at $4,508.61. A break below could accelerate selling toward $4,400.🟢 RSI (Relative Strength Index)Daily RSI 14 dropped to 39.42 – firmly in bearish territory but not yet oversold (30). There may be more room to fall.🟢 Support & ResistanceImmediate support: 4,400. Resistance: 4,816.58 (upper BB). Gold must reclaim $4,660 to stabilize.🔷 Fundamental Snapshot: The selloff wasn’t random. Traders blamed four interlinked drivers:1️⃣ Rising US Treasury yields – making non-yielding gold less attractive.2️⃣ Stronger US dollar – pressuring dollar-priced commodities.3️⃣ Higher-for-longer rate expectations – markets now pricing fewer 2026 Fed cuts.4️⃣ Inflation fears tied to geopolitics – ironically, even inflation fears are hurting gold because they fuel rate-hike bets.Next week two key events now dominate the radar, 20 May 2026 US time:🟢Initial Jobless Claims A vital weekly snapshot of the labor market’s health. A low reading will reinforce Fed hawkishness, pressuring gold toward $4,400.  Previous reported figure was around 211K.🟢 FOMC Meeting Minutes Markets will scrutinise the April 29 meeting for clues on future rate decisions.Key contradiction: Gold typically hedges inflation, but today the market fears the Fed’s response to inflation more than inflation itself.🔷 The VerdictBearish near-term. A close below $4,508 opens $4,400. Wait for RSI to hit 30 or a reclaim of $4,660 before considering longs. Unless you are a day trader😁Not financial advice. Do your own DD.

Look out for Singapore listed palm oil stocks as super El Niño may likely to happen this coming July 😉