Chinese stocks drop to new lows with cheap valuation for a reason, where US stocks hit new high and hardly drops for a reason. Amod the low valuation & stimulus, Chinese stocks seem only did mild rebound and my guess is continuing to face south, due to internal crisis & growth issues it facing. Why we have to take risk to buy Chinese stocks for facing such a bigger risk? I would rather bet for a market and companies which are certain & do entire whole business without the restriction from others. As for the retracement, I believe no stock can goes up or goes down forever. Let's wait for a warm retracement for US market, shortlist the next potential theme, and get ready to make another round of money. Cheers.
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