What is the opinion on Chinese stocks? Can they be trusted? Are they worth going long or should positions begin scaling back? Please provide thought provoking insight.
I am a share holder of $BABA and $BILI for a couple years now. I have recently added to both positions to lower cost basis. I have done fairly well with both, and although I have my reservations with geopolitics, honest reporting, and the CCP with business affairs, I am unsure if liquidation is the correct decision.
ADRs are an extremely high risk high reward game, especially in the current political climate that will only intensify with the 2024 election cycle looming.
Please let me know you’re thoughts and the why behind it!
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