$NikkoAM-StraitsTrading MSCI China Electric Vehicles and Fut...

$NikkoAM-StraitsTrading MSCI China Electric Vehicles and Future Mobility ETF (EVS.SG)$ No amount of financial, fundamental or technical analysis can guide you to profit in any Chinese equities, especially those listed on US exchanges because it's not about business, it's about geopolitics. China/US are now locked in a financial war, US regretted the recent rate cut, they knew capital will start to exit US and flood China but didn't anticipate the volume and interest, and are now cooking the nonfarm numbers to justify slowing down the rate cut, they'd rather self inflict damage to the US economy than watch China gain from global capital reallocation. There are 3 flashpoints in the world today, Russia/Ukraine war is to expense and weaken Russia, Taiwan/SCS is to expense and weaken China, Israel/M.E. is to expense and weaken the US. Watch out for the day when US stops supporting Ukraine, that means US is forced to accept the fact that US/NATO is unable to defeat China/Russia in the European front and has no choice but to accept a truce with Russia and consolidate all resources to start surrogate war with China in the Pacific. As long as China can avoid being sucked into Pacific surrogate war, Chinese equities will definitely rise in the long term, Chinese policies were held back for so long simply waiting for US to admit defeat in this latest round of rate hikes. Again, for those who are into Chinese equities, it's going to be a bumpy ride.