Edited 05 Aug 2021
Etsy or Alibaba or Fastly
Lim Qi Hui
05 Aug 2021
Portfolio Manager Intern at Eastspring Investments
Fastly and Alibaba seem like the better options.
Alibaba - Great relative valuations right now if you compare with Amazon but need to be wary of China regulations etc. Dont foresee this to be a huge problem anymore as China has eased up slightly and it is unlikely they will do anything to cripple one of their biggest companies
Fastly - Cloud computing is the future no doubt, Fastly just dropped 20%+ today due to poor earnings/revenue miss so if you believe in them long term now seems like a decent entry.
But ETFs are better (less risk),
could buy: CQQQ or KWEB or BetaShares Asia Technology Tigers ETF or add QTEC.
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