FOMO

I trust StashAway's judgement, I personally like how they do the re-allocation.

if, vxus does not have a lot of 10C, BABA, MEITUAN, PDD, I would be sooo surprised. hahaha

I think they do. Actually these US listed shares should be in VTI as well? I am not sure.

interestingly, no. (I checked)

KWEB -7+%

It’s gonna be brutal. When the value is updated today

China tech got hit hard

Welp, china is forcing it's company to delist and list in HK ke? Banyak theories 👀

Until you sold your kweb stock, you won’t realize the loss.

Dollar cost averaging to lower the average purchase price of kweb is the only way. China Etf soo volatile.

Kinda regret open my 2nd portfolio Sri 26% last December during peak of kweb haha

Based on my understanding thru the news I gathered,
Only those that threaten china "wellfare"

Recent crackdown on education, it's due to some sort of ill practice of $TAL that try to harm china wellfare.
Western/international news did not report much about it
My Chinese are not good so I had to ask friend translate for me
There's few core focuses/goal that china trying to achieve, one of it is education and apparently $TAL business model hinder china goal.
Hence the crackdown.

Previously was DiDi and that was due to concern of china user data being used by "unauthorized" party.

As for ANT, this one is pretty complicated. Sorta like shadow banking but the ease of loaning is much more easier and ANT are not subjected to financial rules and regulations.

It's not like china going on rampage just for the sake of it. China main goal has and always will be china 1st. Any action that threaten that will not be tolerate. Just like any country should do, country and citizen is the main priority.

Worst part is reoptimisation literally just happened so stashaway bought a whole bunch of kweb, and its dropping straightaway lolol.. imagine if the reoptimisation happen this week instead.

yea! really bad timing

yeah seems like it. the best way is to list in HK for now. see how many company listed US kena hantam by China locally. They wan total control of their organization. Cos in china all ur wealth is Emperor Xi and his gang control punya. But mostly kena big tech company. small start up still okay-ish.

It seems like now is still catching dropping knife style. imagine if those delist, KWEB will delist too?

stashaway should give us some answer on this. their reoptimizing is piss poor.

This post has been edited by ben3003: Jul 27 2021, 09:13 AM

Welp, wait for emperor xi move I guess lol. KWEB now will either break or make it for Stashaway 🤣

By the way, did anyone manage to check or confirm in their own accounts, if the DRJASON code covers 100% of your existing funds or just the newly deposited fresh funds after applying the code?

That is in other words communism. One can not imagine every single US VIE listing doing something wrong in the eyes of the CCCP all within 1 year. And it is the opposite of capitalism. If so, one should not participate in a communist scheme assuming it will turn out capitalist.

This post has been edited by lee82gx: Jul 27 2021, 10:14 AM

If you worry about China stock delisted or wan US only stock, can try wahed.
They have portfolio 97.5% US 2.5% cash allocation
With their own hlal etf. Consist only US stock.

Can PM me for more 🤭

Wahed's portfolio mostly on tech stocks.

You can't expect the US adopt communism citing china rapid growth
Nor
You expect China opting for democracy for US domination

Those investing in those countries must understand the risk involved. If can't/refuse to understand the core concepts that the country adopt, might as well switch it off for piece of mind.

dont like the shariah compliance lol. Sorry i am just being skeptical. Now is wait n see lo, wat to do. last year march 2020 drop 20% i also kena oledi, this time just wipe tis year profit shud be ok la..

i guess now is just like reality kicks in. and hongkong index also collapsing very quickly. actually all those money flowing into where, tesla? lol.