Dear readers, Thank you for coming here! We are almost 15% through 2021. How time flies! The past week has been a bad week, with the US market drop. I finally made some major decisions after struggle. I would like to share that with you. Here is another update on my transactions in the past week.

Capital injection: ~40KSGD

1.YALLA Group: The price dropped 40% in the matter of 3 days. So we added positions twice during the week, one too early and one too late, perfectly missing the bottom. The newly injected capital is at 20%+ loss now. 2.RLX Tech: This is the leader in e-vapor products. With people caring more about health, there is potential. Also, they also have potential to increase sales by focusing on more online retails once the demand is there. 3.DADA Nexus: This is a delivery business closely associated with JD. And JD logistics, though still losing money by itself, has been showing improvements....