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Thoughts on my portfolio (Aug 21)
By A Pen Quotes  •  August 22, 2021
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……...
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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
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