[sgbuffett]

Yes, ah butt bought at the peak for his Hong Kong stocks I think. 

I started most of the buying when HSTech Index fell more than 50% I lost money because it continues falling.

Up to the point when HStech fell by half I was roughly breakeven for my HK stocks portforlio because Li Ning tripled and BYD more than doubled


After that the portfolio when into losses as HS Tech fell further beyond it's 50% drop. I picked up a number of stocks as it fell but right now only buying the a HS Tech index due to the high volatility. 

I expect my HS Tech stocks to be underwater for some time. I am not too concerned as among them should some big winners.

I am also taking advantaged of the historic low valuations in HK to pick up high quality high yieldinths g stocka. These are boring but will provide steady and high returns in the long run.

The environment in China will remain challenging but will produce many opportunities for those who are bold. The Chinese market is massive and highly diverse. While some like property is slowing other areas in infrastructure, green energy, EV will have long term growth.

For HK the straight forward buys are REITs traditional blue chips, utility etc giving high yields.