Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Surging 50% back to life: Are Chinese stocks still uninvestable?
Views 295K Contents 397

bet on China if you believe a New World Order is coming

if we look at history, Dutch used to be the world power until it was replaced by the British. Pound became world reserve currency. USA then took over as world power from British and USD became world reserve currency. China is poise to be the next world power as it is doing exactly the steps that made British and USA a new world power.
China have 1.4b people, and they are doing this "common prosperity" movement to raise the income level of everyone. if 1.4b people have the median annual spending power like the US of 24.5k. That is 3.43 trillion trillion dollars (3.43 with 24 zeros behind). Think about the wealth there man.
it is not an easy journey, it won't be overnight but look at USA in the past, they grew didn't they?
If you believe there will be a shift in World power from the west to the east. Then China will be a great bet for the long haul (we are talking 20 to 50 years).
so watch out for China, watch out for the East. think about having a diversified portfolio across different super powers in the world
$Futu Holdings Ltd(FUTU.US)$ $UP Fintech(TIGR.US)$ $Tencent(TCEHY.US)$ $JD.com(JD.US)$ $Alibaba(BABA.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
2
24
+0
47
Translate
Report
148K Views
Comment
Sign in to post a comment

View more comments...

avatar
Moo Contributor
crawled out of poverty, working towards FIRE!! (financial independence, retired early)
14KFollowers
104Following
16KVisitors
Follow