Out of Chinese stocks
October 5, 2024 Leave a comment
I have now exited all (except for one) Chinese related equities.
Years ago, when equity markets were in the doldrums, I would hear people tell me how they would gladly accept a 7% return in a given year.
Over the past 3 weeks, some Chinese/HK stocks and indices have risen 30%.
I bet if many or any caught one-third of that gain, they wouldn’t pack up for the next 12 months and stay away from the markets…….
