Cory2
2023-11-17
For all the reasons stated in this article and more, “Red chip” stocks are just not viable for me at the moment. I would like to see a strong signal that the Chinese market is picking back up again, and watch it continue, before diving into Chinese stocks. I have $Alibaba(BABA)$ in my portfolio also, and expected some profit because it’s a good company with strong potential long term. But with the retail sector being so quiet at present due to consumers and investors putting their money in banks or in other higher growth sectors, I’m with you on this one…
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