I added some China exposure. At current levels, HSCEI is trading at 2008 Global Financial crisis levels!
Today would be a good day to start investing in the Hong Kong mkt. Which major market has gone down to 2008 levels? NONE! Of course, no guarantee HK mkt may go even lower still.
Today would be a good day to start investing in the Hong Kong mkt. Which major market has gone down to 2008 levels? NONE! Of course, no guarantee HK mkt may go even lower still.
Unless Emperor Xi is hell bent doing something Putinesque bad news already factored in
i've done a bit of r&d on dual listing, but perhaps better to ask here for a clearer picture.
not all dual listing allow you to convert ADRs to HK listed shares right (provided your broker allows it)? e.g., 1 US Baba = 8 HK Baba shares. i'm not planning to do such a conversion, just want to confirm that some allow, and some don't
I did the same too. Didn't the wise sage, Warren Buffett, said " buy when there is blood on the street"? Yes, extremely foolhardy, but no pain, no gain
Yes, I bought: 78 All my positions lose money now. Got to keep topping up to maintain my margin. I also bot Baba ADR too Lowest at usd104. Not dare to buy anymore. Now 73.83
This post has been edited by swiss228: Mar 15 2022, 09:44 PM
I did the same too. Didn't the wise sage, Warren Buffett, said " buy when there is blood on the street"? Yes, extremely foolhardy, but no pain, no gain
blood not yet started... market structure mostly intact... happy to be wrong though...