My dear Chinese colleagues. Please opin. What is a good Chinese tech stock to invest. I was thinking of going long on JD. But it seems like tariffs can take a toll. In addition, there is tons of competition. Thoughts?
no, buy chinese company stock, become poor.
Been thinking the same. Although I have lost some money with IQ and HUYA, makes me less inclined to buy JD even though I know it will most likely grow fast.
Tencent.
Lost 7k on options after Google dropped some cash, all the Chinese meme stocks are not for the faint of the heart.
Buy IQ it’s worth it
Buy baba
BABA
To me, baba seems to be a good buy as well. It grew 61% topline. It's profitable as well. JD is risky indeed.
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Very volatile and expensive but should be valued as a growth company.. prefer Baba over it both with similar upside potential but Baba business model is much better. i own KWEB etf which is a good one for exposure into China. $31 is a key level for JD..below that the support is in the $27s. For Baba it always bounces at $165 levels.
Tencent is another great option but JD is decent but if you are ok with the risk you can start adding.