Is it a good time to buy stock or options of Alibaba, Tencent, DiDi or any other Chinese Tech Giant? Will this regulations things will end soon or is it going to give a long lasting impact on these companies and it can take years to get back on track?
These are crown jewel companies of China. Government is showing tough love and cleaning up the anti trust mess. It is good for investors. It will bounce back. Buy in small increments.
I see lots of ads to buy BABA. I bought some options
No. Why tf would you by Chinese stocks? There’s always some news that destroys it, stay away
Because it's profitable, duh. Idiots like you say the same thing about crypto. "But, but, there's always some crackdown somewhere!"
@Psynaptic: yet Chinese BAT stocks have done poorly last few years when compared to FANGs.
Don’t buy now. The Chinese government is not yet done. Even if they were, these stocks aren’t going anywhere soon due to lack of sentiment and bad investment climate. No hurry to jump back in. Glad I sold JD and Tencent just one month back because of what happened to Alibaba few months earlier.
Buy it, Chinese governments will never let their tech giants die. Now is just a couple whip to hold them in rein but they will soar. Billions of people in, out China are using those products.
Yet Tencent stock has done practically nothing last 3 years!
It’s not a real crackdown. China is trying to trick the democrats into killing US tech giants by “leading the way”, same way how they tricked them into excessive lockdowns.
Buy on hong kong market if u can.
How can one easily do this?
All in. Thank me later
It's always a great time to gamble
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Yes - buy when it’s low , sell high