FireNiuBee
reacted to
$SIA (C6L.SG)$
Airline stocks are not what you should buy long-term during a pandemic. During pandemic, there are travel curbs and lockdown. At the lowest, flights were down 90%.
This pandemic is a century thing. The SARS outbreak in 2003 only lasted 6-9 months. There has not been something worse since the Spanish Flu in 1918 where 50m people died. Now there are are about 5.5m deaths. It has gone on for nearly 2 years already. I don't see a recovery to pre-COVID level for at least 1 year.
Airline stocks are not what you should buy long-term during a pandemic. During pandemic, there are travel curbs and lockdown. At the lowest, flights were down 90%.
This pandemic is a century thing. The SARS outbreak in 2003 only lasted 6-9 months. There has not been something worse since the Spanish Flu in 1918 where 50m people died. Now there are are about 5.5m deaths. It has gone on for nearly 2 years already. I don't see a recovery to pre-COVID level for at least 1 year.
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FireNiuBee
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It can be challenging to know how best to invest in Chinese stocks right now with the recent biggest jump and the higher risks associated with the market. While Chinese stocks may offer huge growth opportunities in a massive market, it is more suited for investors with a generous appetite for risk. Even then, greater caution needs to be exercised when picking Chinese stocks as they tend to be highly volatile with greater regulatory challenges. One good way is perhaps to invest only in high quality Chinese companies $Alibaba (BABA.US)$, $JD.com (JD.US)$, $PDD Holdings (PDD.US)$, $Tencent (TCEHY.US)$ that are both big and visible with the most solid standing. Still, it might be challenging for many to invest calmly in Chinese stocks as China's business market is comparatively opaque and more prone to regulatory pressures. Furthermore, it may not be easy to digest the news coming out of China these days. For those investors who are concerned that Chinese stocks are too vulnerable to ever-present risks and uncertainties, investing in the larger ones with economic moats to succeed in the longer term would be a safer choice.
$Baidu (BIDU.US)$
$Bilibili (BILI.US)$
$BYD Co. (BYDDF.US)$
$DiDi Global (Delisted) (DIDI.US)$
$Futu Holdings Ltd (FUTU.US)$
$Li Auto (LI.US)$
$NetEase (NTES.US)$
$NIO Inc (NIO.US)$
$Weibo (WB.US)$
$XPeng (XPEV.US)$
$Baidu (BIDU.US)$
$Bilibili (BILI.US)$
$BYD Co. (BYDDF.US)$
$DiDi Global (Delisted) (DIDI.US)$
$Futu Holdings Ltd (FUTU.US)$
$Li Auto (LI.US)$
$NetEase (NTES.US)$
$NIO Inc (NIO.US)$
$Weibo (WB.US)$
$XPeng (XPEV.US)$
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FireNiuBee
reacted to
$OCBC Bank (O39.SG)$
buy the dip
buy the dip
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FireNiuBee
reacted to
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FireNiuBee
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