Is now the time to get back into China stocks at bargain prices ahead of a rally?
Cathie Wood’s ARK invest has started buying back into China Stocks, many of the worlds leading value investors/fund managers have taken advantage of the low prices including Charlie Munger, Mohnish Pabrai, Guy Spier, Bill Miller & Al Gore’s Generation Investment Management(included because of his inside track on international relations) etc etc – all loading up on $BABA
finance.yahoo.com/news/china-tech-stocks-rebound-buying-030410590.html
With fast growth chinese bohemoths at bargain prices following a 6 week rout, is this the perfect time to load up?
Yesterday JD announced Q2 revenue up a staggering 26% in the three months through June
BABA recently announced a $15bn share buyback
Tencent bought back 230,000 of it’s own stock on Monday, which many see as a sign that the company is taking advantage of its cheap share price
h/t kerplunktard
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.