Market way too hot right now, while waiting for a correction, safe bet to stock up on some solid China ETFs listed in HK. Just bought a few lots at 10.90, slightly high but oh well 🙆♂️ $iShares Hang Seng TECH ETF (03067.HK)$
The market is way too hot right now 🫠. While anticipating for a correction, good to stock up on some solid China ETFs listed in the HK market in the meantime. Bought a few lots of 03067 at 10.90, slightly high but oh well 🙃 Who's all in on China too?
$iShares Hang Seng TECH ETF (03067.HK)$ There are several pronounced reasons behind the stagnation of the share prices of Chinese companies. The first reason is the ongoing distrust betwen the Chinese gov and USA gov. This has deterred US’s funds from investing in the Chinese companies. As long as the wall of distrust remains, the share price of Chinese companies will remain stagnant. Secondly, the rise of Xi’s administration has brought an enviroment in which common prosperity is fav...
MrsRobinson : when was it at 10.9?
105098249 : It has been lowered, hurry up and ship the goods!