We trimmed 855 中國水務 and 488 麗新發展 switched to 1288 農業銀行

We continue our strategy to reduce low dividend policy and higher PE stocks to ABC. We sold CHINA WATER at HKD 3.10 LAI SUN DEV at HKD 0.230 mildly. We switched back to ABC at HKD 3.60.

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