Safest stock in short term?
All the giants are being cut down by regulatory control but $NIO Inc (NIO.US)$ is partially owned by the CCP, so it is probably one of the safer bets in the shorter term. Lots of upside in the long run as it becomes top selling EV maker in China (after Tesla ![]()
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Sarcasmoblaster : All of that is offset by the wild card known as the Chinese government. Based on that I don't agree it's a safe stock. I own it but see it a risky.
Sarcasmoblaster 102808460 : There are many examples of the Chinese government intervening and affecting stock prices. Here's one: https://www.cnbc.com/2021/07/23/us-listed-china-education-stocks-plunge-as-beijing-regulators-crack-down.html. It's a variable investors can't predict or control aka risk.