09-12-2024, 10:29 AM
Alibaba, Tencent, Meituan, JD, Baidu all around half or below half of All time high.BYD has been a wild yo yo for last 3 yrs.
I think there are some small cap tech in AI that are breaking new highs but none of the widely held major tech companies have done so.
To perform as xiaomi did is an incredible feat to overtake Apple and Samsung in several major markets and build and produce an EV car from scratch. ...so Chinese listed companiesn have to climb big mountains to perform. While US counterparts just go up because they are so popular among international investors.
I think there are some small cap tech in AI that are breaking new highs but none of the widely held major tech companies have done so.
To perform as xiaomi did is an incredible feat to overtake Apple and Samsung in several major markets and build and produce an EV car from scratch. ...so Chinese listed companiesn have to climb big mountains to perform. While US counterparts just go up because they are so popular among international investors.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.