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China stocks coming back stronger? Upward or downward trend?
It had been days that China stocks continued their downward trend. However, a dramatic reversal has shown on Tuesday. Chinese tech stocks st Show More
It had been days that China stocks continued their downward trend. However, a dramatic reversal has shown on Tuesday. Chinese tech stocks staged a huge rally as investors got a little more clarity on the regulatory outlook and bought some of the names that have taken a beating in recent months. $Alibaba (BABA.US)$
all made impressive gains. Cathie Wood’s ARK got back in the game and added to its JD.com position on Monday after the e-commerce group reported strong second-quarter earnings that beat analyst estimates. Aunt Cathie indicated that she's more optimistic than pessimistic about China in the long run. However, there are still numerous unknown risks hidden beneath. All we can be convinced of is that the silver lining will definitely show up one day. What are your thoughts? Share your opinion about the China stocks. Which stocks you are more confident in?
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