Hello,
I wanted to hear your views on the China stocks / China situation. Basically I am bullish on China but open to all arguments / points of view.
I am currently still holding $BABA (+5,86 %) (Alibaba) $1211 (+2,45 %) (Byd) $PDD (+5,26 %) (Pindudu) $9618 (+3,16 %) (JD). I have sold $700 (+2,88 %) (Tencent) (+- 40%) in the last China high October / September.
At that time I sold all China stocks (alibaba byd tencent) completely (almost optimal moment through 2 sales tranches) due to the exaggerated reaction after the press conference, despite my personal bullish attitude, with 10-50% profit margins per stock. After the exaggeration flattened out, I got back in (approx. 10-20% lower than the exit point) in November / December. Tencent was replaced by jd and pdd but will continue to be monitored.
I am currently in the situation of considering jumping out again, but I see the current performance for almost 1-2 months differently than in the first phase in October.
The shares have not risen as sharply and the current news is, in my opinion, different from back then. This makes it difficult for me to see the current situation as an exaggeration like back then, when there was only the government promise. Furthermore, many of the shares are established companies with currently still low -> fair valuations. Do you think the world is slowly making up for the neglect or is it just being exaggerated again?
Many large investors have generally been getting back into China for years in medium to large style, which is why I am still bullish.
I am aware of the political risk, which everyone has been reminded of since the Alibaba crash.
I'll share my individual share portfolio to show you the current weighting there.
I have another portfolio with TR with etfs, 1 reit (approx. 10%) and 1 physical gold and miner etf (both 5%). I have just under 40% individual stocks/60% etfs reit gold cash
