stecervasio @stecervasio: "A big percentage of my..."

Italy

Edited

A big percentage of my portfolio on eToro is now on China (I have long positions on $CHINA50, $HKG50, $YINN , $JD.US (JD.com-ADR) , $BABA (Alibaba-ADR), $ZH (Zhihu Inc-ADR) ) Economically, there is some light at the end of the tunnel for industrial production and retail sales. House deflation is slowing down and I think it's due for a reversal. The PBOC is stimulating the economy hugely. The multiples of the majority of Chinese stocks are insanely low. Psychologically, I assume that the pessimism levels are at the maximum point. I recognized this psychological stage of the market back in October 2022 for $NSDQ100 but I didn't have the courage to go long and I missed a huge buying opportunity. This time I'm ready.

5 Mentioned

YINN

Direxion Daily FTSE China Bull 3X Shares

JD.US

JD.com-ADR

BABA

Alibaba-ADR

Zhihu Inc-ADR

NSDQ100