For the past few years, I've always maintained some positions in Chinese tech, generally to the tune of about 15% of my portfolio. I've made some money here and there on BABA and TCEHY, but recently ended up taking a hit on a YY position after all the trade war talk started.
Chinese tech stocks can now be had at major, major discounts. TCEHY, for instance, has a median price target of $64.92 (a 46% upside), BABA a 29% upside, YY 65%, etc.
Now seems like an opportune time to jump in on these companies, but what does the near future hold for Chinese tech? The talk of tariffs seems to have a major dampening effect on the potential for growth.
Do you all see a recovery in the near term? Am I missing a piece of the puzzle? Will these stocks collapse even further?
Submitted August 03, 2018 at 08:51AM by Teelo888 https://ift.tt/2vdgPxW
