Time to go bullish for China market. The way NIO XPENG and Ali baba crashed is shocking. As an investor I never imagined these stock can crash so badly. One point of time I was considering NIO as a condender for Tesla.
I dont think the company is doing bad at all. I have a strong feeling that the Çhina stocks lost its credibility that put the stocks in the current state. Does the situation remain same or not, I dont know yet.
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.
Comments