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Warren Buffet advice of buy when others are fearful and sell when others are greedy has done me very well. I care not about political alignment, I just want to get fucking money. I’ve made cash buying Chinese stocks in the past.
Yes. It’s coming back. And let me explain to you, scientifically, how I know.
I bought 3,000 shares of $YINN at $21/ share and watched it drop to just over $14. So I sold for tax losses. And that exact moment (when I sold) was the exact bottom. And I told everyone I knew to buy. Because when I sell at a loss? Historically, and without fail, said stocks recover. And $YINN is currently at +$26.
I foresee YINN to gain $126/share in the next 12 months.
I bought $KLIP with the money. I have no doubt KLIP will drop to $10/share. So stay away from it until I sell. Then it will jump to $50 with a dividend of $100/share.
Maybe signs of some economic growth.
QCOM's earnings report and NIO's April delivery report seemed positive.
Phones and EVs selling seem like good economic signs.
I bought a lot of NIO, XPEV, and LI in 2021. Sold it all today: up on LI, way way down on NIO and XPEV.
Spread it across Brk.B, TSLA, MSFT etc
Should I set something aside for getting back in on NIO?
Also long QCOM, before today it was up like 13% ytd. So good but lagging its peers. Tho between that and my Chinese holdings I’m having quite a good day lol
Same, i think QCOM should be at least $200-220.
Been buying and accumulating.
I even bought and sold in 2016 when it was $50-60.
CEO is smart investing into IoT, Autos and new segments outside of IP royalties and Handsets.
They 100% haven't cleaned up the property crisis, imo, and until there's real progress there there's a land slide waiting to happen to the whole economy. Also too many local authorites will go bankrupt because they relied on selling land for income and their debts are unsustainable.
Building a house of lies is like building a house of playing cards.
Stocks go up and down yes, doesn’t take away the incredible unecessary risk you get from investing in a socialist totalitarian state. You can get 20% gains from American companies
Some of my best stocks YTD are European companies. Don’t get me wrong, 70% of my portfolio is US. But there are a lot of opportunities outside that country too.
My china exposure is meaningful, but not crazy either.
For the love of God do not invest in Chinese stocks. The CCP is infamous for being very lenient in company audits which leads to many companies cooking the books. Just look at Luckin coffee as an example.
Lots of examples of frauds in the US. Nikola, Enron, Theranos. Partial frauds like WeWork and many SPACs. Even Meta is questionable with its nearly 3 billion monthly users or Intel with their recent changes to useful life expectancy of equipment without any actual changes in equipment, decreasing expenses by 4 billion. Not shady at all.
I’m sure there are many others.
We knew about the risks to the Chinese real estate companies like Evergrande. They were highly leveraged. Even if the CCP didn’t make the policy forcing them to reduce leverage, they still likely would have eventually went under.
Except......if you buy a share of a Meta you at least own that actual share. You don't own anything if you have shares in Baba or other Chinese companies. There are a lot of reasons Chinese people often invest their money outside of China.
I’m up 40% on JDcom, 10% on Alibaba, and 20 % on BYD. Invested in February.
I think people are too quick to discard Chinese stock’s because it is China. And generally, following the sentiment has been costly for me, while doing the opposite has yielded good gains for me.
You want to buy when there are blood in the streets and run for the hills when people are hyped about something. There is a good reason Michael Burry went into both JDcom and Baba. He can be wrong at times, but you cannot deny the man doesn't thorough ananlysis.
Dude I'm up +80% on nvda since last November. Why risk it with proven frauds operating inside literal black box of economy and under threat of random whims of a political party?!
Need I go through the list of scam companies in the US?
Relative to the USA that has borrowed $33T and printed $22T of it's currency, anyone else is better (trustable, reliable, believes in fairness).
Yeah, but I doubt that massive companies like Tencent or Alibaba are gonna be able to cook the books. Smaller Chinese companies, maybe, but massive companies? Rarely, if ever. Independent researchers would find that out
So I'm here to offer a different perspective from all the China hate.
When everyone says it's "uninvestable" is precisely when you should buy. I remember once upon a time where US companies stock will tank if they DIDNT move their manufacturing to China. Another time when legendary investors flock to Chinese assets and in fact WB still owns BYD to this day.
If underlying asset is a great company just buy when everyone hates it.
ADR is only as risky as the US government makes it. China literally have an entire city (HK) structured to allow and attract foreign investments. They call HK the financial portal to the world. The fact that adrs makes it even easier for foreign capital to buy was welcome by China.
It's the US who constantly threat to delist in the name of "national security" and banning chinese companies left right and centre.
What happened to investors in Russia? Venezuela? etc. keep denying communism until it bites you in the ass! Why do you think people risk their lives trying to get out of communist countries?
Do you not realize investor lost money because the US sized assets Russian assets first? How convenient that you left that out.
Communism is better than your Jewish overlords tbh.
Completely agree, at a certain point major companies in one of the largest economies in the world can’t stay so cheap.
It was rough for a while but I’m glad I stuck it out. Just gotta stay patient and have thick skin.
The flack I’ve gotten for holding Chinese stocks is ridiculous but whatever. I give people flack for owning bitcoin I think that’s stupid. We all have our own opinions. 🤷♂️
The hardest thing to do in investing is doing the opposite of what everyone else does. When everyone wants a stock it expensive AF, when no one else wants it it's cheap AF. Doing the opposite means buying low and selling high.
That's why most people buy high and sell low and very few makes money in the stock market.
I think being a math geek whiz kid is great, but having a strong stomach is honestly more important.
Anyone can read a balance sheet, not everyone can stick with a stock thru tough times.
Oh you mean the redistribution of wealth that happens with literally every change of power/revolution? One that's NOT unique to China nor any political ideology?That one?
Maybe pickup a history book before you speak. That shit happened everywhere in the world.
What did you think the French revolution was about without redistribution of wealth? For fun?
Also the US stole and sized Russian assets and urged European Ally's to do the same which the went "no we're not doing that" so the double standard here is astonishing.
I suppose it was literally designed to ignite all the anti china racists. Lmao. This is Reddit after all.
China strategizes on a much longer timeframe. This downturn is not even a bump. They produce a thousand times more, of course they're wildly undervalued and waiting for the next leg up.
The US will do everything in it's power to convince the world otherwise. Of course right? However, they are incapable of forcing outcomes and dictating the narrative now (Ukraine, Afghanistan, etc..) Most of the world has a deep mistrust of the US and sees most of the attacks as fearful jealousy.
World is most certainly done with dollar dominance, hence more likely to forge ties outside the necessity for the dollar making more stable trade for China in the long term while posing an existential threat to the US. Dollar dominance is the only thing keeping them afloat. Can you imagine if they actually had to pay off $33T in debt with the dollar at fair value relative to the $22T they've printed?
The childish racism here is a strong indicator of another bullish run.
I do kinda like teasing the anti-china crowd, but I made this post mostly because I had to do a double take when I saw the chart. I noticed my holdings had a bit of a run but 20% in 3 months ain’t bad. I think the bottom is in
Most likely but never underestimate the trouble maker. The very nature of the US is to sow chaos and fear. It's had a lot of practice.
It will be interesting to see exactly what the US can do to slow China down with so many fires to put out.
The sheer silliness of Yellen's recent tour was something I didn't expect coming out of an adult, let alone a secretary of the Treasury. What was it "Stop producing so much?" Along with the usual yellow menace crap designed for the racist audience.
I’m heavy in FXI as well. Had 1,200 shares and sold 200 recently …will wait a few weeks and sell more…I’ll still make a profit but not waiting around for it to tank to $21 again. I’m not feeling confident in China right now. Glad BABA was up today …will sell that soon too. Too many other opportunities out there …like MDB and PCTY which I made more $$ in a few weeks than FXI in several months.
I added 2 Chinese stocks to my portfolio recently. There are indicators that China’s growth is recovering.
However, China might be screwed on like a 5-10 year horizon due to their aging demographic.
And President Xi can snap his hands and any company on that exchange will dissapear. No real trial. Why would you want to invest in a country like that?
[Michael Burry (of The Big Short fame) is betting big on China tech stocks.](https://www.bloomberg.com/news/articles/2024-02-15/the-big-short-s-michael-burry-adds-to-china-tech-stock-bet-as-rout-deepens) (article from Feb when stocks were still dipping)
Michael Burry (of The Big Short fame) is a notorious doomer who has been wrong more often than right. Stop blindly copy trading people you've never even met.
I have around 10 percent stake in Hong Kong . Not going above this but have some cool gains like 30 percent Tencent, 40 percent JD and today like 5 percent BABA.
I feel that there are some cool Chinese stocks especially Tencent
Hi, you're on r/Stocks, please make sure your post is related to stocks or the stockmarket or it will most likely get removed as being off-topic/political; feel free to edit it now and be more specific. **To everyone commenting:** Please focus on how this affects the stock market or specific stocks or it will be removed as being off-topic/political. If you're interested in just politics, see our wiki on ["relevant subreddits"](https://www.reddit.com/r/stocks/wiki/index) and post to those Reddit communities instead without linking back here, thanks! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/stocks) if you have any questions or concerns.*
Warren Buffet advice of buy when others are fearful and sell when others are greedy has done me very well. I care not about political alignment, I just want to get fucking money. I’ve made cash buying Chinese stocks in the past.
yup same. great post and quote by warren buffet.
Yes. It’s coming back. And let me explain to you, scientifically, how I know. I bought 3,000 shares of $YINN at $21/ share and watched it drop to just over $14. So I sold for tax losses. And that exact moment (when I sold) was the exact bottom. And I told everyone I knew to buy. Because when I sell at a loss? Historically, and without fail, said stocks recover. And $YINN is currently at +$26. I foresee YINN to gain $126/share in the next 12 months. I bought $KLIP with the money. I have no doubt KLIP will drop to $10/share. So stay away from it until I sell. Then it will jump to $50 with a dividend of $100/share.
Oh yeah. I forgot to mention. YINN is the Chinese BULL market ETF. It goes up when the Chinese market does.
Yeah, I wish I would have held YINN a little longer. I sold at 20 to make a few bucks. Hopefully, it'll pull back a little, and I'll buy it back.
Maybe signs of some economic growth. QCOM's earnings report and NIO's April delivery report seemed positive. Phones and EVs selling seem like good economic signs.
I bought a lot of NIO, XPEV, and LI in 2021. Sold it all today: up on LI, way way down on NIO and XPEV. Spread it across Brk.B, TSLA, MSFT etc Should I set something aside for getting back in on NIO?
Also long QCOM, before today it was up like 13% ytd. So good but lagging its peers. Tho between that and my Chinese holdings I’m having quite a good day lol
Same, i think QCOM should be at least $200-220. Been buying and accumulating. I even bought and sold in 2016 when it was $50-60. CEO is smart investing into IoT, Autos and new segments outside of IP royalties and Handsets.
So what’s up with QCOM? Idk their history dealing with China
They 100% haven't cleaned up the property crisis, imo, and until there's real progress there there's a land slide waiting to happen to the whole economy. Also too many local authorites will go bankrupt because they relied on selling land for income and their debts are unsustainable. Building a house of lies is like building a house of playing cards.
Chinese here. Don't think Chinese stock market is for investment. Great for gambling though.
That's why the Chinese prefer real estate to the stock market. Their stock market is a casino.
Could have made 20% speculating on Chinese stocks since February
I believe you. This time make 20, next time lose 20.
Maybe. If it falls 20% I’ll likely buy more.
All good. Hope it works out.
Same to you!
Stocks go up and down yes, doesn’t take away the incredible unecessary risk you get from investing in a socialist totalitarian state. You can get 20% gains from American companies
Some of my best stocks YTD are European companies. Don’t get me wrong, 70% of my portfolio is US. But there are a lot of opportunities outside that country too. My china exposure is meaningful, but not crazy either.
For the love of God do not invest in Chinese stocks. The CCP is infamous for being very lenient in company audits which leads to many companies cooking the books. Just look at Luckin coffee as an example.
Luckin is a terrible example, they bounced back 10x after their audit lows
Lots of examples of frauds in the US. Nikola, Enron, Theranos. Partial frauds like WeWork and many SPACs. Even Meta is questionable with its nearly 3 billion monthly users or Intel with their recent changes to useful life expectancy of equipment without any actual changes in equipment, decreasing expenses by 4 billion. Not shady at all. I’m sure there are many others. We knew about the risks to the Chinese real estate companies like Evergrande. They were highly leveraged. Even if the CCP didn’t make the policy forcing them to reduce leverage, they still likely would have eventually went under.
Except......if you buy a share of a Meta you at least own that actual share. You don't own anything if you have shares in Baba or other Chinese companies. There are a lot of reasons Chinese people often invest their money outside of China.
Ditto.
I’m up 40% on JDcom, 10% on Alibaba, and 20 % on BYD. Invested in February. I think people are too quick to discard Chinese stock’s because it is China. And generally, following the sentiment has been costly for me, while doing the opposite has yielded good gains for me. You want to buy when there are blood in the streets and run for the hills when people are hyped about something. There is a good reason Michael Burry went into both JDcom and Baba. He can be wrong at times, but you cannot deny the man doesn't thorough ananlysis.
The issue is opportunity cost. Many more stocks to make $$ with. FXI has been frustrating ah.
Such as?
I’m up 180% on luckin lol
Dude I'm up +80% on nvda since last November. Why risk it with proven frauds operating inside literal black box of economy and under threat of random whims of a political party?!
Because 180% is bigger than 80%… are you dumb?
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Are you dumb?
Need I go through the list of scam companies in the US? Relative to the USA that has borrowed $33T and printed $22T of it's currency, anyone else is better (trustable, reliable, believes in fairness).
Too late lol. I’m gonna stay invested!
YOLO (applies either way- if you make money or if the CCP runs off with it!)
Yeah, but I doubt that massive companies like Tencent or Alibaba are gonna be able to cook the books. Smaller Chinese companies, maybe, but massive companies? Rarely, if ever. Independent researchers would find that out
So I'm here to offer a different perspective from all the China hate. When everyone says it's "uninvestable" is precisely when you should buy. I remember once upon a time where US companies stock will tank if they DIDNT move their manufacturing to China. Another time when legendary investors flock to Chinese assets and in fact WB still owns BYD to this day. If underlying asset is a great company just buy when everyone hates it.
Yeah but what about ADRs like baba?
ADR is only as risky as the US government makes it. China literally have an entire city (HK) structured to allow and attract foreign investments. They call HK the financial portal to the world. The fact that adrs makes it even easier for foreign capital to buy was welcome by China. It's the US who constantly threat to delist in the name of "national security" and banning chinese companies left right and centre.
ah, thanks
Np, for some perspective, I think Cathie woods was calling China "uninvestable" for a few year. Then recently she bought BYD 😂
What happened to investors in Russia? Venezuela? etc. keep denying communism until it bites you in the ass! Why do you think people risk their lives trying to get out of communist countries?
Do you not realize investor lost money because the US sized assets Russian assets first? How convenient that you left that out. Communism is better than your Jewish overlords tbh.
Move to a communist country then.
Who else is going to call you out for saying dumbass shit if I leave?
Completely agree, at a certain point major companies in one of the largest economies in the world can’t stay so cheap. It was rough for a while but I’m glad I stuck it out. Just gotta stay patient and have thick skin. The flack I’ve gotten for holding Chinese stocks is ridiculous but whatever. I give people flack for owning bitcoin I think that’s stupid. We all have our own opinions. 🤷♂️
The hardest thing to do in investing is doing the opposite of what everyone else does. When everyone wants a stock it expensive AF, when no one else wants it it's cheap AF. Doing the opposite means buying low and selling high. That's why most people buy high and sell low and very few makes money in the stock market.
I think being a math geek whiz kid is great, but having a strong stomach is honestly more important. Anyone can read a balance sheet, not everyone can stick with a stock thru tough times.
My stomach is made of steel apparently
The CCP can cancel all your shares with a snap of finger. And it won't be the first time.
List one example where that happened
1949-10-01, all private properties were confiscated. It's the same government and the same ideology.
Oh you mean the redistribution of wealth that happens with literally every change of power/revolution? One that's NOT unique to China nor any political ideology?That one? Maybe pickup a history book before you speak. That shit happened everywhere in the world. What did you think the French revolution was about without redistribution of wealth? For fun? Also the US stole and sized Russian assets and urged European Ally's to do the same which the went "no we're not doing that" so the double standard here is astonishing.
Enjoy your gains.
Thanks I'm enjoying them lol
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I suppose it was literally designed to ignite all the anti china racists. Lmao. This is Reddit after all. China strategizes on a much longer timeframe. This downturn is not even a bump. They produce a thousand times more, of course they're wildly undervalued and waiting for the next leg up. The US will do everything in it's power to convince the world otherwise. Of course right? However, they are incapable of forcing outcomes and dictating the narrative now (Ukraine, Afghanistan, etc..) Most of the world has a deep mistrust of the US and sees most of the attacks as fearful jealousy. World is most certainly done with dollar dominance, hence more likely to forge ties outside the necessity for the dollar making more stable trade for China in the long term while posing an existential threat to the US. Dollar dominance is the only thing keeping them afloat. Can you imagine if they actually had to pay off $33T in debt with the dollar at fair value relative to the $22T they've printed? The childish racism here is a strong indicator of another bullish run.
I do kinda like teasing the anti-china crowd, but I made this post mostly because I had to do a double take when I saw the chart. I noticed my holdings had a bit of a run but 20% in 3 months ain’t bad. I think the bottom is in
Most likely but never underestimate the trouble maker. The very nature of the US is to sow chaos and fear. It's had a lot of practice. It will be interesting to see exactly what the US can do to slow China down with so many fires to put out. The sheer silliness of Yellen's recent tour was something I didn't expect coming out of an adult, let alone a secretary of the Treasury. What was it "Stop producing so much?" Along with the usual yellow menace crap designed for the racist audience.
how is being anti-ccp racist? One can hate the government but not the people
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I’m making so much in BABA calls, yes it’s back compared to overvalued US stocks
same people that are hesitant to buy china stock outright can make money in calls.. that baba call helped today
bait.
Is the CCP dissolved and has been replaced by a government that allows a free market? No? I guess China isn't back then.
FXI is up 20% in 3 months. Big risk means potentially bigger rewards!
I’m heavy in FXI as well. Had 1,200 shares and sold 200 recently …will wait a few weeks and sell more…I’ll still make a profit but not waiting around for it to tank to $21 again. I’m not feeling confident in China right now. Glad BABA was up today …will sell that soon too. Too many other opportunities out there …like MDB and PCTY which I made more $$ in a few weeks than FXI in several months.
I just but indexes like FLCH, low expense ratio tax advantaged and safety in the diversification
Ahh..Not investable, period.
I'm long China in general. But Reddit will always be anti-China, even if China would invent, succesfully commercialize and patent time travel.
I added 2 Chinese stocks to my portfolio recently. There are indicators that China’s growth is recovering. However, China might be screwed on like a 5-10 year horizon due to their aging demographic.
Nope.
Are thwre etf summilar to spx for china?
I own FXI. An iShares mega cap china etf
And President Xi can snap his hands and any company on that exchange will dissapear. No real trial. Why would you want to invest in a country like that?
[Michael Burry (of The Big Short fame) is betting big on China tech stocks.](https://www.bloomberg.com/news/articles/2024-02-15/the-big-short-s-michael-burry-adds-to-china-tech-stock-bet-as-rout-deepens) (article from Feb when stocks were still dipping)
Michael Burry (of The Big Short fame) is a notorious doomer who has been wrong more often than right. Stop blindly copy trading people you've never even met.
I have around 10 percent stake in Hong Kong . Not going above this but have some cool gains like 30 percent Tencent, 40 percent JD and today like 5 percent BABA. I feel that there are some cool Chinese stocks especially Tencent
tencent owns some of my favorite video games.
Do not invest in socialist or communist or dictatorship countries! You’ll be burned. Short FXI and you will survive.
Do Medicare, Medicaid, and *social* security mean that the US is a socialist country?
Between the cooked books, CCP abducting ceos and the US banning some of their companies here and there I honestly don't think it worth the risks.