My current plan is to keep an eagle's eye on a few companies that I feel strongly about and have great long-term prospects. Since I am working with such a small amount even a total loss won't impact my life in any meaningful way. As I grow it I'll diversify and look at loss avoidance. For now, no reason to not seek out individual companies that have strong prospects.

I have zero Chinese stocks. I'm fairly tempted to sell some current holdings and move them around.

I have not kept up on news though and am uninformed when it comes to the changes to the regulatory environment.

This post was edited by SBD on Aug 25 2021 10:10am

it's been a good day for tesla and other stocks

I did some more research into how we get access to BABA, and I'm not comfortable with owning a Cayman island company that could be cut off if the Chinese government decides to regulate against profit sharing agreements.

So I sold my BABA at a slight loss. I'm going to avoid all Chinese stocks until I can actually own them. I will probably miss out on a lot of gains from China, but the risk is 100% of your capital if China decides to regulate against it, which they very well could do.

This post was edited by NetflixAdaptationWidow on Aug 30 2021 01:19pm

Added to TSLA and PLTR today. Sold $10 9/17 puts on SRNG... hoping to collect the premiums only. While I don't mind owning the company, I can do without.

BABA survived Trump’s term ... do you think BABA would be delisted under Biden?

🤔🤔 im thinking hard about buying BABA ... looks like bottom?

My concern is that China doesn't like the method by which companies are doing IPOs in America.

Basically a Cayman island company sets itself up and Baba signs a profit sharing agreement with them. Then the cayman island company IPOs in America, gives Alibaba in China the profits from the IPO, and sends back profits from operations so you get the profits from alibaba.

The catch is that China does not like this. They are considering banning this method of selling stock in America. If they declare profit sharing agreements like this illegal, then your baba stock becomes worthless immediately even while Alibaba continues business.

That kind of thing that can wipe out your exposure with a pen stroke isn't for me.

I agree its a scary risk which reflects the current stock price

Is it possible to buy the HK Alibaba stock called 9988?

Probably depends what broker you have, but that's a level of involvement I'm not willing to make at this point. I don't have enough money to meaningfully invest in all the companies I want to, so no need to try China. Once I get a big portfolio and have more money than ideas I'll look at it again.

Chinese tech continues to bounce hard today.

The spread between S&P large cap tech and Chinese large cap tech has never been wider. In the US we're at historically high valuations for stocks, particularly many tech stocks. I know people are scared and view China as risky but consider the fact that there tends to be a reversion to mean in most things. US is trading at an overwhelming premium in contrast to China and it won't last imo, i'd say it's prudent to buy what's on sale when it's on sale.

This post was edited by ofthevoid on Sep 1 2021 08:40am