Holdings Vanguard Health Care ETF, VHTInvesco QQQ Trust, QQQiShares China Large-Cap ETF, FXIASML Holding NV, ASMLMicron Technology, MUTaiwan Semiconductor Manufacturing Company, TSMCTesla Motor, TSLANvidia Corp, NVDA Advanced Mirco Device, AMD
The clampdown of China company continues and there is no sign showing that things will recover soon. The regulator has draft new rules to ban anti-competition, privacy laws, and will be providing oversights on live streaming. On the larger picture, the government even warns over excessive wealth. This resulted in Tencent immediately forking out billions in dollar to help the lower income and society. Moving forward, we are looking at more competitive, and companies having to fork out more money to help the society, which would mean less revenue. The explosive growth of China market will be curbed and will become more of a gradual growth. Having said that, I would probably focus more on US tech
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