While all the focus is on the Nasdaq, stocks listed in Hong Kong have quitely outperformed. Many are world class technology stocks trading at bargain levels. My main bet is that they will soon enjoy another move higher.
For example, Alibaba has one of the worlds most popular AI programs and is investing huge amounts to become a leader in cloud and AI. It has excellent growth prospects, yet trades on a PE ratio of around 10. BYD, Xiaomi and Meituan are all close contenders or leaders in their markets, yet the average western investors has little knowledge of their outstanding prospects and low valuation compared to western stocks.
The outlook for these stocks is very bright and the market is just waking up to their potential.... Show More
Muy valiente la estrategia James, tienes las 3 primeras posiciones en China con más de un 30% de la cartera, sin duda muestra valor y no seguir el FOMO del mercado. Yo llevo $YINN (Direxion Daily FTSE China Bull 3X Shares) , pero menos porcentaje, esperemos que China ↗️↗️↗️... Show More Translate
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