Hello Folks, Just want to hear the thoughts of others on what they think about Chinese crackdown of the tech companies. I invested in TAL, BABA, Iqiyi, Didi IPO. TAL is ~80% down. TC 170K #investments
Chinese credit cycle has an average of 4 years. If you plan to hold the stocks for long term then great. I think we are close to bottom of it. The problem this time dollar is going down but Chinese tech can’t benefit from it. The regulations are a risk. I wouldn’t go all in on Chinese stocks, I would just keep them as a part of my portfolio as an hedge against the dollar.
My plan is to hold for long time but seeing TAL returns it’s crazy. I’m glad it is not exceeding 5% of my portfolio 😅 However I’m planning to take bit risk and invest more if Didi comes to 25-30 billion valuation to average my loss.
What is the chart y axis?
Good, I bought some tcehy
CCP is ok with ruining the tech companies if they think these companies can grow too big for their shoes and start challenging the absolute supremacy of Xi in any perceived way.
You are too naive.
In what way ?
Man, EDU too. Sucks to see that much drop.
China Considers Turning Tutoring Companies Into Non-Profits :( https://www.bloomberg.com/news/articles/2021-07-23/china-is-said-to-mull-turning-tutoring-firms-into-non-profits
These were promising stocks. Don’t know how they are going to pan out, what is your strategy here? Are you going to hold?
Previously I thought Trump wants to decouple, now I realize that Xi wants to decouple. Trump was a tool.
🙌
It is still trump started it. Now China equally distrust US if not more, as US distrust China. They don’t see much difference in Biden as compared to trump
Makes me never want to work for or invest in a Chinese company
Same here. I won’t ever work for a Chinese tech even if I get a +50% bump tomorrow.
Invest in good Asian countries like Taiwan Korea and Japan
Personally after this I will avoid Taiwan.
SK seems like a safer bet
The biggest tech company in China is the CCP.
May be world?
CCP is not a company, it’s not very tech savvy either
Both US and China want to crackdown Chinese tech companies. So US and China are friends. Prove me wrong😃
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I always thought investing in companies that are headquartered in dictatorships is a risky move
I invest in californian companies all the time 😅
well, I thought the same but decided to invest after seeing BABAs success.