glitzy
2023-03-14


$Alibaba(BABA)$ $Pinduoduo Inc.(PDD)$ $Baidu(BIDU)$ $Tencent Holding Ltd.(TCEHY)$ $JD.com(JD)$

Barring any serious geopolitical issues, the stage has been set for an upswing in Chinese ADRs. Positive factors are low inflation rate, low interest rate, huge post pandemic demand of Chinese products, huge domestic market, likelihood of further easing in monetary policies, for example: One good outcome of SVB and Signature bank failures is the FED may go easy on their interest rate hike for fear that a contagion may develop as more start ups and corporations fail dragging many banks along.; government resolve to boost the economy through measures to promote and encourage more foreign investments. Load and hold. The upswing is here. The best is yet to come. For people who cannot afford to hold, buy when there are fears and sell when there are cheers! Caveat emptor

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