Below you will find my last month or so, trades and the reasons of buy/sell. Some trades are adding to my existing holdings. There are many reasons to justify each action, but I will merely mention those that matters most, or at least those that are most captivating. Anyway, please also find my Portfolio last updated in July. Read:

Rolf’s Stock Portfolio – Why more than 50 percent is in Tech Stocks?

Rolf’s Portfolio, Stocks Mix and Investment Strategy

“BUY” HKSE Alibaba 9988 – 260 China’s 1.4B population has a nominal GDP per capita of ~10KUSD p.a. compared to US and EU’s GDP per capita’s of ~65KUSD and 35KUSD respectively, pointing to room for growth. As of 2020, 60% of China’s total population lived in urban areas, implying that 40% of the population i.e. 550M still live in rural area with poor access to technology. In 2019, Amazon’s revenue is 280B while Alibaba and Tencent reported 55B and 50B respectively, with a combined total revenue of less than half that of...