Current it would be my decision to keep holding on Chinese ADRs such as $Alibaba(BABA)$ . I bought it last year when it was at a low point, i thought so. And it went tumbling downwards due to the authorities crackdown on Chinese BigTech firms. I thought of selling it, but in the end keep holding on it since what's worse than holding onto it, right? Luckily never sell, or else lose even more than now as the stock recover after a vote of confidence in the chinese authority.
Returns is still negative. But could have been worse off if I decided to give up totally in Chinese ADR. One lesson I gain is to trust the stocks I buy, especially those established Big companies. Though at times, I admit, I wavered and thought of throwing in the towel. It's an internal struggle against myself.
As Q1 flies past, I will keep reminding myself of the painful past lessons of the past, those which I paid huge school fees in return for minimal experience and huge heartache, and minimize such mistakes again. I am learning, and will continue to learn. Huat Ah! [Miser] [Miser]
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