Asked by Anonymous
Asked 2w ago
How about the new market they try to do for listing trying to keep money in China? Are there any suitable tools to screen China equity?
My suggestion is to simply buy Chinese ADRs listed on NYSE. They adhere to SEC accounting rules and regulations and have been there for close to a decade.
Currently they are very cheap simply because people avoid these shares during the ongoing trade war. Imo, that is the best buying opportunity in a decade. Thus, i have loaded many strong companies including BABA, JD, BZUN, BIDU and many more. There are lots of quality articles on Seeking Alpha about these companies and their fundamentals. Always stick with the best of the breed.
They may continue to get cheaper in the short term. Long run, i think they will become multibaggers as China continue to ascend. More insights can be found at www.onceamillenium.com
See all 3 comments