咬定青山不放鬆

First trading day of decade starts with a bang, with mainland developers taking lead. Aoyuan (3883), Times China (1233), Shimao (0813) and Sunac (1918) - four core holdings of portfolio - all hit record highs.

2017 was exceptional year for China property developers, as super depressed valuations served as springboard for share-price rally. Even as shares of many developers have doubled, tripled or even quadrupled since 2017, there is case to be made sector still undervalued, as process of valuation nomalization continues. 

A reminder to myself: stay cool, calm and collected. Let profits run.