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Or should investors stay out for the time being?
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CommonSense Investor
24 Jun 2021
Certified Professional at Biotechnology and Gene Therapy Industry
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The CCP has always been very unpredictable in terms of flaunting their absolute polictical agendas and policies which has been giving short term dips/opportunities to buy at a discount.
One will need to embrace sudden dips due to political interventions quite frequently and if you can't stomach this additional risk. I suggest to stay clear.
But we cannot ignore the wealth growth of the Chinese citizens and how it will spur growth of mega-companies. One such chinese company I would buy at any short term weakness is Tencent (Largest Social Media Conglomerate, Superapp Wechat, Gaming company and also known as Chinese Berkshire Holdings)