Will the China Bull Market Last?

"conservatively Alibaba is worth 130 right so even with this strong uh rebound right now alib Baba's at $110 in terms of Hong Kong dollars it is still below my intrinsic value of 130 right so for me I'm still holding it and I will only sell it above the intrinsic value of 130"

"my valuation for Ping On insurance... is between $74 and 95 that is the valuation range and again even with this strong up move it is still uh quite undervalued so I'm only going to sell it if it gets nearer the valuation"

"if the government follows up with what they promise to do... then yes this boo Market could be the one that's sustainable this could be the official bottom and we could see a multi-year boo Market in China stocks over the next couple of years"

"but if they don't follow through and it's all tall they they say well we were kidding sorry right then I'm then it's going to collapse all the way back down again"

"so I do expect that in the next few days we could have some profit taking as people get nervous that it's approaching that 200 support"

"there's still a chance even it's a 5% chance or 10% chance or 20% chance where the government one day says you know what you've gone too far you're making too much money uh and I'm going to wipe you out that could happen"