Technically Wonkker Hong Kong is part of China, officially known as the People's Republic of China, or as I like to call it, hairy VaChina. So don't mouth off, Beastie boy.
The stock will go higher, but it must go lower. They are pulling rabbits out of hats you know, do the math, last quarter kind of makes no cents, like YOU. I know what I am doing. I am making money everyday. Today short, tomorrow long, but never wrong.
I repeat. You know nothing. Hong Kong is not China as far as anything is related to investing. It's like comparing 2012 New York City to 1950’s Mobile Alabama. In fact, it’s not even part of
China other than “In Name”. Do some research. And do proper research, not just look for what answers you want. I can say that you don't know what you are saying based on facts, and experience. You probably have never left your PC. Next you will tell me that Taiwan is part of China. I read that on the interent too once. It must be right.
The stock can pull back, on a technical bases, but even that is a weak thesis…. you don't short a stock like this. You can trim your holdings..... And hope to buy back cheaper, or never, but you don't go short! Look at what happened to all those who tried shorting the stock 2 months ago. You are playing with fire. One announcement overnight and you can wake up with a chopstick up %^%%$ $#%^&. Hang on to it and you will find yourself ramping up in the next earnings report, not to mention paying out a 15 cent dividend. You enjoy "hoping" "Praying" for a technical pullback before the fundamentals dictate a higher price. And ignore the fundamentals and moves it has done thus far? You don't invest on hope and ignore facts. You will lose well over 70% of the time. this is a fact.
You have much to learn and I doubt you make much (if any) money if you add up all your trades. Not the way you trade (Or do/don’t do research) I repeat, you don’t know what you are doing. Period. Last time I try to help you. Good luck.