$PDD Holdings (PDD.US)$$Alibaba (BABA.US)$$NIO Inc (NIO.US)$...
$PDD Holdings(PDD.US$ $Alibaba(BABA.US$ $NIO Inc(NIO.US$ $JD.com(JD.US$ $Futu Holdings Ltd(FUTU.US$ $Bilibili(BILI.US$ From the last 2 months, China stocks in US and HK seems to be moving in a neutral direction. China has laid the stimulus but the key now is still the lockdown. What is China's government decisions after June 1st. Would the lockdown be extended? or China will lift its lockdown and start progressing? or Another ding dong up and down continuing on the same direction? Share what you believe would happened with the rest of us.
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b34r : China had a few city lockdowns this year, but for most of 2020-2021 they were zero-covid, walking around mask-free. Based on our (SG) and the world's struggle against covid for the past 2 years, i would say China's battle with covid just beginning, or midway at most.
But OP is asking about stock direction. If China is throwing stimulus into the economy to fight covid (much like what US did), then yes, the stocks are going to do quite well, even with lockdowns.