Seems to be starting now, the tide is going out and we will see whoās been swimming naked
Vedran considering you donāt like talking about evs you sure are on the posts about them often
Agree on baba though, even if my knees are shaking
Well, passed in senat
And TSLA upgraded by GS. We should probably buy some shares, because there is actually real change that the price will be 1000 usd I know, I know ā¦
About the delisting drama.
Bottom line is that any company that refuses GAAP accounting may be de-listed. BABA uses GAAP accounting audited by PWCās HK branch. Management addressed this a few quarters back in the Conference call. Big China tech will be given a few years to comply with the new regulations and will likely follow BABAās lead and switch to GAAP if they arenāt already doing it.
True! Can you please buy and hold a few shares for me?
I personally like the idea of buying into kia. The companyās idea of having the best warranty on there cars that I have seen (7 years or 100k mile) is one reason I would buy stock. They are also breaking into the ev market with the Kia Soul unfortunately there not on t212 yet.
What do you guys think is gonna happen? They passed the bill and Chinese stocks are dying a slow death. Iāve got a good 3.5k invested in there man. Do I take the hit? Iām down 30 Percent on em. Advise please
Chinese companies in general or a specific one? If your in Alibaba you will be fine (see link below), not sure of others as not invested directly (have some small exposure through funds).
Surely BABA is dying slow death, with revenue growth of 2X % YoY.
True story, I will gladly take your BABA sharesā¦
Yes I am way over my usual rules for a single holding % of portfolio, but its just so frigging cheap and I dont see any better value plays right now IMO.
Nio
Xpeng
Li
Niu
I got most of em lol
Well I donāt buy crap stonks.
Only ever bought Nio for toddler portfolio, beginning of December at 2$. But that was just like 10 shares. For gamble part.
JD is a great company but bit overvalued now.
Wow youre amazing man. How about you gloat some more?
I donāt gloat, just fact is there are good Chinese companies, then there are stonks.
Good are TCEHY, BABA, JD on top of my head. Rest wouldnāt touch with broom stick.
Was just pointing to fact, you claim Chinese stocks and slow death.
More accurate, hype stonks are not growing at 10% a day anymore.
There are another couple of other (at least to me) interesting stocks in the Chinese market, and considering that China is ahead of the rest of the world in this pandemic + Biden government that is going to have a more friendly approach to China these stocks are not bad bets I guess. Anyway the other two companies I am following apart from the ones you mentioned are EDU and YUMC.
Should rephrase my sentence from ārest is crapā to ārest mentionedā
My point was, Iām looking for advice on what to do.
Your advice was not to buy stonks.
Not super helpful thatās all.
Well there is not much to do when you buy ship that leaks the water.
You can try to mend it aka DCA or try find a āgreater foolā who will buy it.
Iām in and see a great future. Speculative holding atm but will fund it as I build capital.
Very good illustration