@Kaixiang:The recent plunge in Chinese tech giants, growing regulatory scrutiny, geopolitical tensions,slowing economic growth and not forgetting impending rate hikes have raised tremendous doubts in the investment value of these companies. It is imperative to note that as investors, we need to look at the longer horizon and not get distracted over the short term volality. While there's increasing regulatory scrutiny in China, these regulations aren't necessarily evilas they set clear set guidelines for the Chinese companies to follow in the long run. From a growth perspective, China has a large domestic market and some of these tech giants been actively venturing overseas. For example, $Alibaba(BABA)$with their AliCloud (which is top 4 cloud provider globally), $TENCENT(00700)$and its suite of consumer products, including games that are widely popular globally. Given the current plunge in prices (but no change in the fundamentals), the valuation is starting to look more attractive for these Chinese tech giants. Unfortunately, the recent geopolitical tension coupled with many other factors have resulted in a strong bearish trend for Chinese stocks. Whilethey have good investment value in the long run, it is important to not jump at any dips. Lookfor clear reversal with improving macroeconomic conditions before investing/putting more positions in the Chinese tech giants. We will never know where the real bottom is. Good luck, stay strong and may the market bewith you! [Strong] Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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