There comes a point when I stopped tracking the stock prices of the stocks in my portfolio. Nevertheless, since the world is so connected, and news spread instantaneously, I can almost feel the volatility daily.
Probably the biggest impact to my portfolio these days comes from the below news.
China Tech Rout Deepens as New Regulations Mulled; Alibaba Dives (read here)
Chinese Tech Stock Selloff Deepens (read here)
Although I am still bullish when it comes to the Chinese tech stock sell-offs, news emerging do make me ponder.
SEC Warns US Investors About Risks Of Buying Chinese Stocks As Crackdown In Beijing Continues (read here)
To quote the above article: “The reason is that under Chinese law, foreign ownership in certain (most) Chinese industries is prohibited. As a result, it is illegal for Chinese companies like JD.com and Alibaba to have any non-Chinese shareholders……...