Based on a few factors, I am becoming bullish on China
* China is positioning themselves well and have shown the best COVID recovery * They are implementing a copy paste approach (BATX -Baidu, Alibaba, Tencent, Xiaomi vs. GAFA (Google, Amazon, Facebook, Apple) and it is working * Munger is a fan of China now, previously was not * BABA has strong cash flows, undervalued on paper * Hedge against US dollar, inflation hedge
Risks I see:
* Volatility due to emerging market - stick to blue chips * Governmental risks - Antitrust fine could be the start of more to come as Jack Ma is being scrutinized * JD and PDD competition * Less accuracy/confidence in the filings
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.