First up, an update on my current portfolio. In 2021, I have added Alibaba, Tencent Music. Chinese Banks etc. I have increased the proportion of my portfolio for China State Banks. My view is that the market has overestimated the extent of the bad debt these banks are not declaring or that they may be none at all. As a result, they are sporting a high dividend yield which is also a consistent dividend amount they have been giving out. Others include the China Oil majors.
In Growth stocks, there is one in Palantir that I believe will start to be profitable starting from this year. My view is that it will eventually become a 2 billion profit generator company and at a valuation of 40 billion, it will be a fair price.
In terms of China weightage, I am at about 70% but spread across many industries of banking, e-commerce, music streaming,...