facebookWith the recent meltdown of Chinese Internet stocks, what are your plans moving forward. Buying more? Or do you feel that china tech stocks are just a bunch of falling knives? - Seedly

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Wake Up Your Dollar

Edited 29 Aug 2021

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General Investing

With the recent meltdown of Chinese Internet stocks, what are your plans moving forward. Buying more? Or do you feel that china tech stocks are just a bunch of falling knives?

Personally I remain bullish on chinese internet stocks. Even though I know that certain regulations targeted against a specific company can be detrimental, I do continue to believe that the industry in generally is way undervalued. However I do not feel that I am in a position to stock pick in this current regulatory environment, hence my plan moving forward will be to continue to DCA into a chinese tech ETF.

Discussion (24)

What are your thoughts?

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Balance your portfolio and dont over stretch.

Darren

10 Sep 2021

Mechatronics Engineering at Nanyang Technological University

If you are looking at the long term, China will still be a relevant hub for investors. While the crackdowns are happening during this period, stronger companies are getting affected, but to the CCP, it stands to benefit the weaker and smaller companies out there.

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And like what Elijah said, yes China is still remaining competitive against the US so there will be a certain limit to how much punishments they are issuing out to these bigger companies. So as a long term investor, I would purchase more so long as it falls within my allocation limits.

Catalyst for me to get started on China tech stocks. I do set my sights for the long term and I don'...

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