Abstract: Explain the reasons of buying HK stock Tracker Fund (2800) and selling Tencent (700) and Meituan (3690) and share my views.
Transaction detail
What I want to share with you today is the transaction I made on March 28. The details are as follows:
Bought stock
- Tracker Fund (HK stock code: 2800)
- Quantity: 2000 shares
- Bought price: HK$19.84
- Commission fee: HK$25.21
Image source: http://www.aastocks.com/en/stocks/quote/detailchart.aspx?symbol=02800
Sold
- Tencent Holdings Ltd (HK stock code: 700)
- Quantity: 100 shares
- Sold price: HK$369.8
- Commission fee: HK$72.63
Image source: http://www.aastocks.com/en/stocks/quote/detailchart.aspx?symbol=00700
Sold
Image source: http://www.aastocks.com/en/stocks/quote/detailchart.aspx?symbol=03690
Reasons to sell Tencent and Meituan
After these years of investment, I think the unsystematic risk of individual stocks is a bit scary, and I also think it is time to start passive investment in index funds, so I decided to reduce my holdings in Tencent and empty meituan to let go of positions for index investment.
Reasons to buy Tracker Fund
Since the active investment under my stock selection may not be able to defeat the passive investment with full confidence, then why not do a passive index fund investment. Moreover, Hong Kong has also experienced a certain decline in the past two years. Relatively speaking, I think the upward space is much higher than the downward one. In addition, with the opening from the pandemic in Hong Kong and the mainland, I think the future economy will have great opportunities to perform much better than the previous few years, so I think now is a good time to invest in the Tracker Fund.
Comments and sharing
If you have any questions, please feel free to leave a message or comment below, I will reply you. Or if you find anything incorrect in the article, please let me know and learn from you. If you find it interesting or it may help you in any sense, please share with other people.
