SG Talk

Put yourself a bit back in time Feb 2021....to be precise when it was rising to new highs before regulators and gobt step into cripple the sector.

Even at its peal, Chinese tech companies were nowhere remotely near the valuations of similar companies in the US.

Investors need to be able to navigate crashes like this in he stock market and survive through them.

If course, the Chinese govt eventually will need to stop stepping on the brakes as the tech sector is one of the few bright spots in its weakening economy.

But most investors have given up already through the 8 months rout.

(03-12-2021, 10:42 AM)sgbuffett Wrote: [ -> ]Put yourself a bit back in time Feb 2021....to be precise when it was rising to new highs before regulators and gobt step into cripple the sector.

Even at its peal, Chinese tech companies were nowhere remotely near the valuations of similar companies in the US.

Investors need to be able to navigate crashes like this in he stock market and survive through them.

If course, the Chinese govt eventually will need to stop stepping on the brakes as the tech sector is one of the few bright spots in its weakening economy.

But most investors have given up already through the 8 months rout.

Brake will definitely stop one day but investors are not seeing the brake in near term. So sell and come back much much later. So as an investor, should u cut loss and wait for lower price or hold indefinite, most will cut n wait. But think yr style is hold indefinite.

thos who gong gong took advantage  buy fr a few securities houses like ocbc philips if that give discounts regreeted a lot now.
penny wise pound foolish.

CN tech stocks won't fly as long as XJP is in charge. Look at CN banks instead.