prepare a bull market for China stocks assets
The heads of state of China and the United States held their first face-to-face meeting on Monday (November 14). U.S. President Biden emphasized twice at the press conference after the meeting that the outside world does not need to worry about a new cold war between China and the United States; Chinese President Xi Jinping during the meeting. Urge China and the U.S. to establish a tone of dialogue, not confrontation, and win-win rather than zero-sum engagement.
US inflation is going down, China is relaxing Covid-19 control, US - China Bilateral relations easing, China stocks p/e value is in low area, all factors prepare a bull market for China stocks assets.
$Lion-OCBC Sec HSTECH S$(HST.SI)$
$TRACKER FUND OF HONG KONG(02800)$
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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.