China Tech stocks: Here's what you need to exactly know about the latest US$1 trillion sell-off and what are the potential stocks to buy.
It doesn’t make sense.
China has four times the population of the U.S., a fast-growing middle class and a huge tech sector.
These China Tech stocks have a much bigger market potential.
Yet is now cheaper than their U.S. counterparts?
Putting dividend growers aside, if you don’t own Chinese Tech stocks now, I’d say it’s a great time to be buying them.
But before I tell you what’s interesting, let me share why the whole of China Tech is down 33% from its all-time high.
(And this is a bigger drop than the S&P 500 — during the COVID pandemic — crash back in March 2020).
As usual, the stock market has emotions.
Sometimes, it’s happy. Prices go up.
Sometimes, it’s scared. Prices go down.
Now it’s going crazy. Crazily scared.
I’ll explain.
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