Buy or bye Chinese tech stocks?

The Chinese technology sector has appeared to turn the corner with the regulatory crackdown behind it and supportive government policies being rolled out to put the economy on the right footing for recovery. Hence, a rebounce may be in sight for the Chinese EV sector. In fact, I believe the current stock prices of the Chinese tech stocks $MEITUAN-W(03690)$ , $Alibaba(09988)$ , $NIO-SW(09866)$ , $XPENG-W(09868)$ and $LI AUTO-W(02015)$ are not doing justice to their fundamentals and may present opportunities to participate in their long-term growth.

The Chinese tech stocks have been undervalued after the past selldowns and are trading on attractive metrics. Even though cheap stocks can become even cheaper, I believe that they are nearer to their support levels than to their resistance lines. With the Chinese government launching new measures to renew growth in the technology sector that has been important to boost employment, I'll be patient with the Chinese technology stocks for their long-term growth, even when I brace myself for more near-term volatilities.

💰 Stocks to watch today?(22 Nov)

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nizzmo
08-05
nizzmo
Sounds promising

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What news/movements are worth noting in the market today? Any stocks to watch? \n2. What trading opportunities are there? Do you have any plans?\n🎁 Make a post here, everyone stands a chance to win Tiger coins!","image":"https://static.tigerbbs.com/cd8eaff2e99964ab7a80d92cc196fcd3"}],"images":[],"coverImages":[],"title":"Buy or bye Chinese tech stocks?","html":"<html><head></head><body><p>The Chinese technology sector has appeared to turn the corner with the regulatory crackdown behind it and supportive government policies being rolled out to put the economy on the right footing for recovery. Hence, a rebounce may be in sight for the Chinese EV sector. In fact, I believe the current stock prices of the Chinese tech stocks&nbsp;<a href=\"https://ttm.financial/S/03690\">$MEITUAN-W(03690)$&nbsp;</a><v-v data-views=\"1\"></v-v>,&nbsp;<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; ,&nbsp;<a href=\"https://ttm.financial/S/09866\">$NIO-SW(09866)$&nbsp;</a><v-v data-views=\"1\"></v-v> ,&nbsp;<a href=\"https://ttm.financial/S/09868\">$XPENG-W(09868)$&nbsp;</a><v-v data-views=\"1\"></v-v> and&nbsp;<a href=\"https://ttm.financial/S/02015\">$LI AUTO-W(02015)$&nbsp;</a><v-v data-views=\"1\"></v-v> are not doing justice to their fundamentals and may present opportunities to participate in their long-term growth.</p>\n<p>The Chinese tech stocks have been undervalued after the past selldowns and are trading on attractive metrics. Even though cheap stocks can become even cheaper, I believe that they are nearer to their support levels than to their resistance lines. With the Chinese government launching new measures to renew growth in the technology sector that has been important to boost employment, I'll be patient with the Chinese technology stocks for their long-term growth, even when I brace myself for more near-term volatilities.</p>\n<p><a href=\"https://ttm.financial/U/3527667670347831\">@TigerWire</a> </p></body></html>","htmlText":"<html><head></head><body><p>The Chinese technology sector has appeared to turn the corner with the regulatory crackdown behind it and supportive government policies being rolled out to put the economy on the right footing for recovery. Hence, a rebounce may be in sight for the Chinese EV sector. 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With the Chinese government launching new measures to renew growth in the technology sector that has been important to boost employment, I'll be patient with the Chinese technology stocks for their long-term growth, even when I brace myself for more near-term volatilities.</p>\n<p><a href=\"https://ttm.financial/U/3527667670347831\">@TigerWire</a> </p></body></html>","text":"The Chinese technology sector has appeared to turn the corner with the regulatory crackdown behind it and supportive government policies being rolled out to put the economy on the right footing for recovery. Hence, a rebounce may be in sight for the Chinese EV sector. In fact, I believe the current stock prices of the Chinese tech stocks $MEITUAN-W(03690)$ , $Alibaba(09988)$ , $NIO-SW(09866)$ , $XPENG-W(09868)$ and $LI AUTO-W(02015)$ are not doing justice to their fundamentals and may present opportunities to participate in their long-term growth. 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With the Chinese government launching new measures to renew growth in the technology sector that has been important to boost employment, I'll be patient with the Chinese technology stocks for their long-term growth, even when I brace myself for more near-term volatilities. @TigerWire","highlighted":1,"essential":1,"paper":2,"likeSize":15,"commentSize":1,"repostSize":2,"favoriteSize":0,"link":"https://ttm.financial/post/334291759522064","repostId":0,"isVote":1,"tweetType":1,"viewCount":1273,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["09988","09866","03690","02015","09868","XPEV","NIO","BABA","LI","MPNGY"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":918,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":335219358797936,"commentId":"335219358797936","gmtCreate":1722847211790,"gmtModify":1722938339309,"authorId":3479274685065144,"author":{"id":3479274685065144,"idStr":"3479274685065144","authorId":3479274685065144,"name":"nizzmo","avatar":"https://static.tigerbbs.com/d08ad56d0cf912758e58222fffc1f75b","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":334291759522064,"objectIdStr":"334291759522064","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Sounds promising","text":"Sounds promising","html":"Sounds promising","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/334291759522064"}