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Would like to buy chinese tech stock,
can any experience give advice.
Is now the time to buy or do dca
i know disclaimer
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(03-08-2023, 02:24 PM)victortan Wrote: Would like to buy chinese tech stock,
can any experience give advice.
Is now the time to buy or do dca
i know disclaimer
China not doing well for past few years. The China index is trending downwards for a few years liao. Not sure if it has hit rock bottom. Previously there are short burst up but lose steam and trend even further down. Enter with care if you insist.
(This post was last modified: 03-08-2023, 02:32 PM by
sgh.)
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(03-08-2023, 02:24 PM)victortan Wrote: Would like to buy chinese tech stock,
can any experience give advice.
Is now the time to buy or do dca
i know disclaimer
Buy the Lion OCBC HS Tech ETF listed on sgx.
1. It is in sgd so you don't suffer forex losses from conversion.
2. The ETF out perform major tech stocks like Alibaba and temcent because it has AI and EV stocks
3. The ETF is diversified if you buy individual stocks the risk is higher for a high risk sector.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
(This post was last modified: 03-08-2023, 02:57 PM by
sgbuffett.)
Posts: 3,392
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(03-08-2023, 02:57 PM)sgbuffett Wrote: Buy the Lion OCBC HS Tech ETF listed on sgx.
1. It is in sgd so you don't suffer forex losses from conversion.
2. The ETF out perform major tech stocks like Alibaba and temcent because it has AI and EV stocks
3. The ETF is diversified if you buy individual stocks the risk is higher for a high risk sector.
Thank for the suggestion,
![](https://i.imgur.com/CLvY2jA.png")
