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Chinese concept stocks rallied on CNY eve. Do you still believe in Chinese stocks?
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My View on Chinese Concept Stocks

My View on Chinese Concept Stocks
With the Chinese government pursuing a policy of common prosperity, a series of crackdowns on anti-competition and personal data collection, the unknown extent of the real estate crisis and the ongoing tension with the US, I think there is still too much uncertainty for Chinese concept stocks for my liking. The Chinese government also seems unlikely to bail out companies that are in trouble despite the economic impact. The electrical vehicle sector holds promise in terms of growth but is similarly hampered by weak sentiments among foreign investors about Chinese stocks.
$NIO Inc(NIO.US)$ $Alibaba(BABA.US)$ $XPeng(XPEV.US)$ $Li Auto(LI.US)$ $Bilibili(BILI.US)$ $JD.com(JD.US)$ $DiDi Global (Delisted)(DIDI.US)$ $Baidu(BIDU.US)$ $BYD Co.(BYDDF.US)$ $BYD Company ADR(BYDDY.US)$ $NikkoAM-StraitsTrading MSCI China Electric Vehicles and Future Mobility ETF(EVS.SG)$
Disclaimer: The above sharing is my personal opinion. It is not financial advice or a recommendation to invest. Please consult a financial advisor and consider your investment objectives, financial needs, financial position and risk profile before making any investment decision.
Happy Chinese New Year! Check out my CNY post https://www.moomoo.com/community/feed/107693296910342?lang_code=2
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Mentor Moo
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