Some China concepts stocks tumbled in morning trading

Tiger Newspress2021-08-19

(Aug 19) Some China concepts stocks tumbled in morning trading. 

Chinese technology stocks sold off, led by some of the country’s Internet giants, after two government ministries said they were likely to impose additional regulations on the sector.

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Comments

  • 3033H
    2021-08-20
    3033H
    China is not Capitalist economy, better to limit your exposure.
  • LimLS
    2021-08-20
    LimLS
    Price is cheap for a reason. So please do your due diligence. At this point, business fundamentals is no longer important. It's the overall policy risk. If buying, please have risk management in place. Good luck, everyone
  • Sharon87
    2021-08-20
    Sharon87
    Time to buy BaBa!!
    • LimLS: 
      Brave! But do take note of your allocation% in your portfolio and do the necessary risk management. Good luck
  • Jac_jk
    2021-08-20
    Jac_jk
    Where is the bottom for Chinese Stock ? Is there any hidden agenda that will render some price spike in them anytime soon 
  • CKWong0572
    2021-08-20
    CKWong0572
    One could say tat it's scary whn Chinese stocks crash, I've could have said US stocks are overpriced... so buy whn it's on great Chinese sale... don't regret it whn the sales is over...
    • LimLS: 
      I'm vested too. So definitely I see value at these prices. But also do consider the policy risk. The recent news from China is getting more extreme. Not favourable for foreign investors like us
  • Eded
    2021-08-20
    Eded
    Buy the brokerage stocks among all if really feel the price is right … after all our funds are deposited into their account … if they down, we are dragged to feet too 
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