Is Chinese company a yay or a nay?
Is Chinese company a yay or a nay? Which stocks are worth watching or holding?
I didn't invest in any Chinese company because of the following risks:
1. The negative impact caused by Evergrand. I forsee a economy meltdown in the China property market.
2. Zero-tolerance COVID-19 policy fence off foreign investment and hurt the China economy
3. US and Western allies military and economical confrontation with China. Sanction against China may happen if it directly or indirectly support Russia in the Ukraine-Russian war or conflicts happen in North Korea and Taiwan.
I'm not against investing in Chinese companies. CATL Energy Storage $Contemporary Amperex Technology (300750.SZ)$ and Mindray medical international $Shenzhen Mindray Bio-Medical Electronics (300760.SZ)$ are examples of China companies with great potential. BYD $BYD Company Limited (002594.SZ)$ surpasses Tesla in EV car sales in some instances.
I may diversify my investment into Chinese companies when the macro conditions become more favorable such as UOBAM Ping An Chinext ETF 😎
I didn't invest in any Chinese company because of the following risks:
1. The negative impact caused by Evergrand. I forsee a economy meltdown in the China property market.
2. Zero-tolerance COVID-19 policy fence off foreign investment and hurt the China economy
3. US and Western allies military and economical confrontation with China. Sanction against China may happen if it directly or indirectly support Russia in the Ukraine-Russian war or conflicts happen in North Korea and Taiwan.
I'm not against investing in Chinese companies. CATL Energy Storage $Contemporary Amperex Technology (300750.SZ)$ and Mindray medical international $Shenzhen Mindray Bio-Medical Electronics (300760.SZ)$ are examples of China companies with great potential. BYD $BYD Company Limited (002594.SZ)$ surpasses Tesla in EV car sales in some instances.
I may diversify my investment into Chinese companies when the macro conditions become more favorable such as UOBAM Ping An Chinext ETF 😎
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103956815 : great comment. thank you