We finally received good news China Gov supports the companies listing overseas, i salute the Gov in this case, because no matter differences each countries have in managing their economic, all countries should work together for the good of people. I have few counters of Chinese stocks in my holding. Just adding $Tencent Music(TME)$today. Why ? Because it is profitable, the price has bottomed and started to climb up, music something we need daily to relax our mind, its P/B ratio below 1, cash flow from operations (CFO) increase YOY, so as investor i feel save, they have assest and cash đ not an empty shell company.
Have Chinese stocks already bottomed?
Chinese stocks saw robust gains recently... Have they already bottomed? Share your views to win coins!
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Comments
Good points on TME, look like a good counter to add. China goverment coming out to clearly support their companies is music to investor ears I think.â[ĺźĺż] â
it's light at the end of the tunnel for most.