coeng4 cong1長倉长仓
Jyutpingcoeng4 cong1
Yalechèuhng chōng
Definition
Long position; buying a financial product with the expectation that its price will rise in the future.
colloquialmoney
How it's used
Refers specifically to holding an asset with the expectation of price appreciation. It is a direct translation of the financial term long position, commonly used by retail investors and traders in Hong Kong. While the literal meaning involves a warehouse, in finance it simply describes the act of buying and holding.
Examples
He bought a lot of long positions because he thinks the market will rise.
Are you holding a long position or a short position right now?
Related words
Common mistake
Do not confuse this with the literal meaning of a warehouse or storage space. It is strictly a financial term used in the context of stock or derivative trading.
Grammar color guide
Noun
Verb
Adjective
Adverb
Pronoun
Classifier
Particle
Connector
Grammar guides
- Directional complementsThe small words added after a verb to show direction of movement, like up, down, out, in, and back. Common in everyday Cantonese.
- DemonstrativesThis and that with 呢 and 嗰, the personal pronouns, and how 哋 turns I, you, and he into we, you all, and they.
- Resultative complementsSticking a result word onto a verb to show how it turned out, like eat until full or look and find. A productive everyday pattern.
