Thoughts on investing on china next year ?
$恒指ETF(02833.HK$ $Alibaba(BABA.US$ $Tencent(TCEHY.US$ What are your thoughts on china's stock market next year ? it has been in a bear market since a year, HSI is up only 5% from 5Y it seems pretty oversold to me.
Ofc there are a lot of fears and uncertainties but a few positives catalysts could reverse the trend ? It has a lot of possible upside, it may offset the risks.
My point is may be it is better to stay away from USA for a while with the rising interest rate next year I am getting a bit bearish we could see some big corrections next year.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
MonkeyGee : same as last year just 50% faster decline. Look this all self inflicted damage. someone came by with a few bad words and they started killing themselves not sure that would be the best tactic. what chapter is that in the art of war?
Zhongwu : If China would do some worldly goodwill, show some respect to their successful companies and people, I am all in, otherwise, they are marching toward war, starvation, bankruptcy ... BABA is going to double dip to 108.70, when it is a multi trillion dollar company and it's stock price should be at all time highs.