The heavy hand of China regulators has been making huge dents on many China technology stocks. Alibaba and Tencent have been beaten down to a pulp. The sea of red in China stocks reflected the pessimistic sentiment of most investors who are exiting rapidly. Is this a disaster in the making or once in a lifetime opportunity for retail investors?
The "Once in a life-time Opportunity"?
As an income strategy focused investor, my main investment philosophy is on accumulating securities that pays decent yield dividends or interest income. My original resource allocation into a secondary approach focused on growth stocks is only expected to have not more than S$5K into any individual counter and also a small part of my overall combined portfolio.
For Alibaba (on HKEX), initially at beginning of the year, I only target to have 100 shares. However, since then, I have invested almost S$20K...