🥤Best to retreat
Strategy on betting Chinese value stocks may be losing and its momentum is unsustainable. $HUYA Inc (HUYA.US)$ $iQIYI (IQ.US)$ $Alibaba (BABA.US)$ $New Oriental (EDU.US)$ stocks have been slipping since the beginning of the year. SSC required a greater transparency with all other sets of rules coupled with the restrictions by the Chinese government; as well as the recent clashes on the US diplomatic boycott on the 2022 Beijing Olympics have greatly impacted the stocks. With a lot of uncertainty aheads, it is best to limit the size of chinese stocks portfolio. Good luck 🍀
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愛是陪伴，是寵愛，是不離不棄，失去方向時覺得不夠努力，找到方向時覺得努力不夠，謝謝還待在我身邊的你妳
甜甜的❤️谢谢关注我呢🥰
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71456647 : helloo
scotty19 : me me
coolers : Worth it !
Passive Investor : i dont agree with u ... what comes down must go up..somemore the fundamentals for baba and new Oriental is good .. strong moat .
甜心0121 OP Passive Investor : Agreed that both companies have strong fundamentals, but there are other type of risks such as compliance to the SEC enhanced disclosures, regulatory and potential actions by the CCP, etc.. Even Didi which just IPO-ed has begins delisting.
triscuiter 甜心0121 OP : What Didi has done has gone beyond the bottom line and belongs to an outlier
New Oriental is personally optimistic that Yu Minhong's personal position recently increased and held for a long time