What do you currently say about stocks from China? Are you buying?
Chinese stocks plunged today to their lowest level since January 2019, a grim reflection of how investors have lost faith in the country's earnings and economic recovery. The CSI 300 index closed with a 0.4% loss on Thursday, down around 14% from its May high.
I've been thinking about a few stocks, but haven't bought yet.
I have $BABA-0.2%, but nothing else. I don't plan on buying anything from China now.
I stay away from Chinese stocks. It's a big risk and I don't trust their policies.
I still feel the same way. There are some really interesting companies there, but I'm just not going to invest in China.
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I'm a bit worried about Chinese stocks, but I have one representative in my portfolio from China and that's $BABA-0.2%
The potential is there, and I like a couple of companies quite a bit, but I can't get over the location. I'm not going to invest in China.