I've been watching for a while. Tencent also on my list. These are giant businesses sitting on cash mountains and with buybacks planned. PDD may be FOTM but that doesn't spell the end for others. It's only good sense to have exposure to China. Second-largest economy and businesses the world buys from. Alibaba and Tencent are value territory now which prompted my purchase. Stay long and patient and ye shalt reap.
Take a look at Sunny Optical if you haven appetite for HK listed stocks and the Chinese middle class growth/consumption. Not the same as Baba/Tencent, but well positioned re autonomous and modern cars (lots of cameras on them), even if they do make less money from phones. Value beaten down in recent times.
I'm sure they make good lenses but their financials are awful and supplying Chinese phone brands doesn't fill me with hope as phones is a cutthroat market and Huawei for one has other issues.
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Nice. I'm so wealthy that no amount of top ups would matter.
Sux2bu
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Long Baba and Tencent from a while ago, so somewhat underwater at the moment on Chinese tech stocks.
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I've been watching for a while. Tencent also on my list. These are giant businesses sitting on cash mountains and with buybacks planned. PDD may be FOTM but that doesn't spell the end for others. It's only good sense to have exposure to China. Second-largest economy and businesses the world buys from. Alibaba and Tencent are value territory now which prompted my purchase. Stay long and patient and ye shalt reap.
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Take a look at Sunny Optical if you haven appetite for HK listed stocks and the Chinese middle class growth/consumption. Not the same as Baba/Tencent, but well positioned re autonomous and modern cars (lots of cameras on them), even if they do make less money from phones. Value beaten down in recent times.
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I'm sure they make good lenses but their financials are awful and supplying Chinese phone brands doesn't fill me with hope as phones is a cutthroat market and Huawei for one has other issues.
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That's a lot of aubergine.
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That's a lot of ass.
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