Frankly, it’s not a easy question to answer. I am still opti...
Frankly, it’s not a easy question to answer. I am still optimistic (cautiously optimistic) about Chinese stocks. I do have a number of Chinese stocks which are under water which I’m still holding e.g $Alibaba (BABA.US)$ $Bilibili (BILI.US)$ $Futu Holdings Ltd (FUTU.US)$ will wait and see for a while as the risk of constant regulatory change is real 😔. The proposed delisting of $DiDi Global (Delisted) (DIDI.US)$ had sent shockwaves through the market and investors are jittery. The Ride hailing company has assured in a statement on 2 Dec that it will ensure that the US stocks are convertible to freely tradable shares on another recognised stock exchange. That has helped calm the market somewhat but the apprehension on Chinese stocks is there.
I think some of the Chinese stocks are currently at good valuations and can be considered for long term play 😊.
I think some of the Chinese stocks are currently at good valuations and can be considered for long term play 😊.
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70598783 : Don’t cheat yourself. Investing in Chinese stock is a mistake, correct it before you lose every penny
makankaki OP : that’s just my views. Also watching how others such as Charlie Munger, Al Gore’s firm - Generation Investment Management and a number of institutional investors (who have been buying in to Chinese stocks due to the cheap valuations) would be making their next moves.
doctorpot1 : yes there are opportunities but there are bombs also hahahahaha. when stock market crash that's when you can get the best return (e.g. if you bought the covid crash now at least 1.5x your investment already). Once the crackdown end, those that survive will fly, those that did not survive will die. the question is can we pick the right one hahahahahaha