Value is in Chinese stocks. Time to load and hold.
$Alibaba(BABA.US$ $PDD Holdings(PDD.US$ $JD.com(JD.US$ $NIO Inc(NIO.US$ $BIDU-SW(09888.HK$ $TENCENT(00700.HK$ Baba like many Chinese ADRs have been hammered down badly over the past year or so. Ask yourself these questions; think logically and objectively:1. Why would the Chinese gov want to kill their own home grown enterprise?2. Why were those regulatory changes made knowing very well it will affect investors sentiments?3. Which countries’ economy are most likely to be impacted more by the Russian Ukraine war and inflation; and which country is in a better position to ride this economic storm?Being an autocratic power has allowed China to achieve socioeconomic goals in such a short time, which would not have been possible in a democratic system. A good government looks after the well being of the masses as evident by the elimination of poverty in just one short generation. The principle of governance has always been country before group/corporation interest or self interest. No system is perfect, but what the average person wants is a stable country with a roof over his head, a job to go to, opportunities for progress in life, peace and security : all these the CCP has delivered. A stable country favours investment! Given the above, I am confident for the future of the country and hence the companies that I am vested.
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creative Gerbil : That’s the thing. Do you think there will be decoupling or China stocks will be hammered along with US?
Miketay : Agree. Well said