China's listed SOEs, trading at below-market valuations, mig...
China's listed SOEs, trading at below-market valuations, might see a boost from the government’s new policy direction.
$Dow Jones Industrial Average(.DJI.US$ $S&P 500 Index(.SPX.US$ $Nasdaq Composite Index(.IXIC.US$ $Hang Seng Index(800000.HK$ $CSI 300 Index(000300.SH$ $PETROCHINA(00857.HK$ $CHINA MOBILE(00941.HK$ $Bank of China(04619.HK$ $China Railway Construction Corporation(601186.SH$ $XIAOMI-W(01810.HK$ $MEITUAN-W(03690.HK$ $Phillip HK Newly Listed Equities Index ETF(02835.HK$ $Alibaba(BABA.US$ $BABA-SW(09988.HK$ $TENCENT(00700.HK$ $Tencent(TCEHY.US$ $Baidu(BIDU.US$ $BIDU-SW(09888.HK$ $JD.com(JD.US$ $BYD COMPANY(01211.HK$ $BYD Co.(BYDDF.US$ $AEM SGD(AWX.SG$ $RH PetroGas(T13.SG$ $Dyna-Mac(NO4.SG$ $Geo Energy Res(RE4.SG$ $Golden Energy(AUE.SG$
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HopelessChi : the Chinese is unable to save its own economy. back to covid and back to battling the low consumer spending and etc. the passive mode will trigger the downfall of its internal companies in no time. investor see actions and they don't.
bullrider_21OP HopelessChi: China is only now gradually recovering from reopening from the zero- Covid policy. Consumption will return. SOEs will recover. China is having problems because of the U.S. suppression on Chinese companies.
While China will grow at 5% this year, U.S. will grow at less than 2%. Don't expect China to help out the U.S. this time like what they did in 2008.
The U.S. keeps printing money. Robert Kiyosaki said it will be like toilet paper in the future.