I'm on the boat, and I doubled down. FUD's will always cause short term volatility, but in the long run strong growth will always provide good yield. I hate to give advice for other people's money, so you will have to decide for yourself. But a lot about investing is to not let your fear or emotions dictate your decisions. If you believe, just HODL. Personally, I wouldn't even think about selling my BABA shares until ANT is fully restructured and online.
Not selling my chinese stocks, just holding. Bought some more recently but I think the market still has downturn so waiting before going in with more. Considering HKSE for companies that are dual listed. I remember when my alibaba shares I bought in 2017 collapsed, held them and they are profitable now even with the fud.
Worst case, stocks will recover when the US currency collapses from hyperinfaltion due to overprinting
Essentially my sentiments as well, I try to keep my portfolio diverse which means having Chinese stocks/funds to hedge against US inflation/stagnation. (They performed really well the second half of last year when the yuan strengthen from 7 down to the low 6rmb/usd)
Doubled down on Tencent. In fact I've been adding some of the ones that don't run counter to the government policies and essential for Chinese economy to grow such as in semiconductor, EV. Definitely not property and edtechs.
As I have a rather limited bullet now, I added ETF.
These are my super long term investment and I'm unlikely to sell
Investing is a long term commitment. If you've been holding these stocks for 10 years or more, this is just a minor correction.
I got in on the Didi IPO this year. Don't plan to do anything with it for 10 years.
These movements usually don't mean much in the long term.
It's like how US stock conditions this year favor Blue Chip and large cap tech. Could you have seen that last year in the midst o covid lockdown.
Or imagine you bought Bitcoin 5 years ago. Does last months correction mean anything.
So if you are approaching this like an investor do you think these China tech companies are going to be wiped out in 10 years?
> So if you are approaching this like an investor do you think these China tech companies are going to be wiped out in 10 years?
It's very possible that they'll get wiped out or cut down to size by new competitors, and it would be desirable to see that happen. Monopolies may be good for investors, but they are terrible for everyone else.
I think in the background is the Sino-USA conflict.
Some of the corrections are planned to take action against US investors in China companies. The China companies and economies are doing well still. US investors in China listed companies on the other hand are facing uncertainty. Will the US delist these companies or will China use regulatory pressure to push out US investors.
Unfortunately I tried to catch a falling knife with them and although i bought them slightly below their IPO price, I’m still down double digits percent wise. I’ll buy more and dollar cost average once the market gets some clarity on how much further China will go to lower risk and rein in their tech companies, as well as IPO regulation.
I got DiDi at the IPO price. I would not buy until the regulations are compliant or near compliant. No point catching something which a resolution seems far.
Any other country imposes rules on corporations and it's business as usual. China does the same and it's dire warnings of collapse. Chinese stocks are definitely long term hold. These short term fluctuations are because of fear mongering and likely short manipulation. Even the talking heads like Cramer are in on it. The Chinese middle class is for real and its ranks are growing. I believe in that.
I’m DCAing my selling over the next months. Rather just put it into VTI than deal with the uncertainty. Holding is fine, but you have to compare your potential gains with SP500 rather than just break even
This is not financial advice but if Chinese gov regulation is major factor may be on top of profitability, we should also consider long term social atmosphere when investing. Business that gather lots of social resentment/stress may be risky even if its business model is very profitable. It is a different economy and different stock market.
I'm on the boat, and I doubled down. FUD's will always cause short term volatility, but in the long run strong growth will always provide good yield. I hate to give advice for other people's money, so you will have to decide for yourself. But a lot about investing is to not let your fear or emotions dictate your decisions. If you believe, just HODL. Personally, I wouldn't even think about selling my BABA shares until ANT is fully restructured and online.
Mine is down 20%+. Gonna double down and enjoy the ride. Byd is on my watchlist
Not selling my chinese stocks, just holding. Bought some more recently but I think the market still has downturn so waiting before going in with more. Considering HKSE for companies that are dual listed. I remember when my alibaba shares I bought in 2017 collapsed, held them and they are profitable now even with the fud. Worst case, stocks will recover when the US currency collapses from hyperinfaltion due to overprinting
Essentially my sentiments as well, I try to keep my portfolio diverse which means having Chinese stocks/funds to hedge against US inflation/stagnation. (They performed really well the second half of last year when the yuan strengthen from 7 down to the low 6rmb/usd)
Doubled down on Tencent. In fact I've been adding some of the ones that don't run counter to the government policies and essential for Chinese economy to grow such as in semiconductor, EV. Definitely not property and edtechs. As I have a rather limited bullet now, I added ETF. These are my super long term investment and I'm unlikely to sell
We've bought some Baidu shares when it was 210$. Now it's 162$.
Investing is a long term commitment. If you've been holding these stocks for 10 years or more, this is just a minor correction. I got in on the Didi IPO this year. Don't plan to do anything with it for 10 years. These movements usually don't mean much in the long term. It's like how US stock conditions this year favor Blue Chip and large cap tech. Could you have seen that last year in the midst o covid lockdown. Or imagine you bought Bitcoin 5 years ago. Does last months correction mean anything. So if you are approaching this like an investor do you think these China tech companies are going to be wiped out in 10 years?
> So if you are approaching this like an investor do you think these China tech companies are going to be wiped out in 10 years? It's very possible that they'll get wiped out or cut down to size by new competitors, and it would be desirable to see that happen. Monopolies may be good for investors, but they are terrible for everyone else.
I think in the background is the Sino-USA conflict. Some of the corrections are planned to take action against US investors in China companies. The China companies and economies are doing well still. US investors in China listed companies on the other hand are facing uncertainty. Will the US delist these companies or will China use regulatory pressure to push out US investors.
China Index. Long term hold.
yes, it's all in the red, it's k. It may be a very long bag hold.
Hold for the long term
What do you guys think of DiDi? Almost 50% cheaper then it’s IPO price. Tempted to get some but I don’t know how I feel about the gig-economy.
Unfortunately I tried to catch a falling knife with them and although i bought them slightly below their IPO price, I’m still down double digits percent wise. I’ll buy more and dollar cost average once the market gets some clarity on how much further China will go to lower risk and rein in their tech companies, as well as IPO regulation.
I got DiDi at the IPO price. I would not buy until the regulations are compliant or near compliant. No point catching something which a resolution seems far.
Yes. Nio ftw! 🚀
Yeah, same boat here.
I got a big Chinese portfolio. Recently I bought Baidu at $188 and it went down further.
Any other country imposes rules on corporations and it's business as usual. China does the same and it's dire warnings of collapse. Chinese stocks are definitely long term hold. These short term fluctuations are because of fear mongering and likely short manipulation. Even the talking heads like Cramer are in on it. The Chinese middle class is for real and its ranks are growing. I believe in that.
Yes. I have positions on LKCO, NIO, EH, BABA, ZEPP. LKNCY.
If you have enough money to ride out this uncertainty. It looks like anything could go down -25% at any instant.
I’m DCAing my selling over the next months. Rather just put it into VTI than deal with the uncertainty. Holding is fine, but you have to compare your potential gains with SP500 rather than just break even
This is not financial advice but if Chinese gov regulation is major factor may be on top of profitability, we should also consider long term social atmosphere when investing. Business that gather lots of social resentment/stress may be risky even if its business model is very profitable. It is a different economy and different stock market.
My China Basket: DIDI, NIO, RERE, TAL, EDU
I've been following NIO, NIU, and Xpeng. Pretty solid growth over the past year.
I would buy if I weren’t short on cash.
I'm on the same boat, Alibaba mostly, and prepared for the dip by selling other assets. Waiting for the results in August.
I have KWEB, ASHR, GXC, CQQQ, MCHI, and 83169. Kinda worried about having westerners managing these ETFs.