4Mes·

$700 (-0,22%) monthly savings plan on Tencent with €50, 📈 because of the 1% saveback promotion from @traderepublic

Risikant, due to the political conflict with #russland and #taiwan but still broadly diversified for a single stock 😄

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12 Commenti

immagine del profilo
Also risky simply because China 😂
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immagine del profilo
@Therapeut clear
Where there is no #risiko, there is no chance
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immagine del profilo
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immagine del profilo
I don't see the risk in Chinese shares in the current or future conflicts, but rather in the Chinese state system. They want money and investments from abroad, but they don't want to have a say in the companies. In addition, the focus is not on the shareholder/entrepreneur but on the political system in China. Sometimes things are forcibly nationalized and investors are left out in the cold.
That is also the reason why I am no longer investing in China as long as nothing changes and I can only advise everyone to exercise caution.
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immagine del profilo
@Dividenden-Sammler That's how I see it too. What counts in China is what Xi says and if tomorrow wakes up and thinks that $700 is harmful to society (we've already had that) and has to be completely smashed, that's it. That is why I have completely liquidated my investments in China apart from the EM ETF.
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immagine del profilo
@Dividenden-Sammler I can fully 💯 % understand... the example of #alibaba and Jack Ma has shown us that. Nevertheless, I hope and appeal to the common sense of the powerful people there
immagine del profilo
@SteelAnacott good alternative, but why would he break up such a large and well-functioning company?
immagine del profilo
I will certainly not save in the savings plan until #rente, i.e. for another 30 years. Rather 5-10 years in the medium term
immagine del profilo
@ArdanimGlueck I believe Xi Jinping is capable of anything. You could also ask why he emulates Mao to such an extent in the way he governs, even though he himself has suffered so much under him.

Xi is the son of a disgraced senior party cadre and, after a very privileged childhood, was banished to the provinces where he literally lived in a cave.

Anything that doesn't suit him - for whatever reason - disappears, see Hu Jintao, who was publicly taken away at the party congress and has hardly been heard from since. Xi will clamp down on anything that becomes too big and even remotely dangerous to his power. This is not a positive environment in which a company can grow and flourish. He has already regulated Tencent's gaming division because it is supposedly harmful to the population. I don't like investing in such a risky and arbitrary environment. There are enough other good companies where this is not the case.
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I built up a position in China equities a few months ago: Baba, JD, Tencent, Bidu and a few other stocks. If there is a conflict with China, the world's workbench, virtually ALL stocks will be affected. For example, almost all microchips are manufactured in Taiwan or China... Almost all industries source some kind of preliminary products or components from there.
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immagine del profilo
Yes, that's true
Hopefully🙏 the courage will pay off 😅
immagine del profilo
And above all, hopefully the government's common sense will prevail #china 🇨🇳
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