Turtle Activities on first day of trading - 2 Jan 2020

Old and Boring Turtle kick start first, Huat ah everyone!!

As a family Turtle running a tight budget for the Turtle family, I don't have much personal savings like before, therefore part of my strategy is to recycle capital to grow the portfolio.

Sold SGX stock and recycled into HKEX. When there's "blood" in the market, there will be opportunities.

1) Took profit on trading position: $BreadTalk Grp(CTN.SI)
BUY Price: 0.62
SOLD Price: 0.655
Profit/Loss(%): 5.00%
No of days held: 30

2) New Position: $HAIDILAO(6862.HK)
BUY Price: 31.65

3) Add to Existing Position: $BABA-SW(9988.HK)
BUY Price: 210.60

4) Add to Existing Position: $TENCENT(700.HK)
BUY Price: 381

I had started to "expose" my portfolio to HKEX as traditionally, the only foreign market is only US markets ie NYSE.

Why HKEX? When there's "blood", there are meant to be "opportunities". The long lasting protest in HK has taken a toil on it's economy as well as their stock market. It is probably time to take a look at what they could offer us in terms of value.

I will try to allocate a maximum of 10% of total portfolio capital to foreign stocks as my core holdings will still with SGX.