The crackdown might hurt for a while,But they will settled and businesses will carry on as usual. The big techs are now entrench to so many parts of the economy I dont believe the Chinese govt will tear them apart so easily.It's a good chance to load up some good stocks.
$7 ba.Dont really like to predict stock price... It will be higher than the current price level for sure (ok, maybe).All the current developments are definitely positive for SIA and given SIA track record, it should be back to profitability soon... Hopefully buying back the MCBs then pay me dividends. Hopefully.Actually how big is the number of shares going around now...
So the post need to be at least 200chars. Let me try...I think $Tesla Motors(TSLA)$and China Tech Giants belong to different regime. It's sad to see all of the Chinese techs getting pitched against a single tsla.... but with the current uncertainty ard the US listed chinese stocks. I will avoid adding more of the Chinese stocks. So just for this choices, my money goes to TSLA....
An interesting read...There are many factors and maybe inconclusive correlation... But it's kind of shocking to learn a whole country is trending to more than 30+% of non-working men over time...Surely many have their own reason but it's like there are unconsicious movement underway, like those stories told in The warmth of other suns.
I'm long $Alibaba(BABA)$But this is another bullshit article that try too hard to make the case of Munger liking baba and maling every investment decision. Maybe, but it's really the company that bought the share.
Charlie Munger Just Bought Alibaba Stock: Should You?
This pretty much sum up the article:It's impossible to precisely predict when a crash might occur, keep that cash handy in the event that opportunity knocks.