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threezero · 07-09-2020, 10:49 AM

Everything Chinese is popping these few week.

Their tech sector is still relatively undervalue compare to the rest of the world. AMZN is trading at a 135 pe ratio while BABA is trading at 35ish PE with 10x the market audience/ reach as AMZN.

China is also coming out of a multi year bear market with an actual economy recovery to back up the bull case.

This combine with mainstream media's daily bombardment on China doom and gloom is playing out kind of like the few month after covid crash where everywhere you look at all you can see is bear case for the market from the media while institution is quietly scooping up equities

Long everything China, especially the tech sector. BABA is also suppose to have a split before July 15.

07-09-2020, 10:49 AM	#10498
threezero OMGWTFBBQ is a common word I say everyday Join Date: Jan 2005 Location: Vancouver Posts: 5,185 Thanked 1,379 Times in 578 Posts Failed 96 Times in 53 Posts Member's Picture Albums	Everything Chinese is popping these few week. Their tech sector is still relatively undervalue compare to the rest of the world. AMZN is trading at a 135 pe ratio while BABA is trading at 35ish PE with 10x the market audience/ reach as AMZN. China is also coming out of a multi year bear market with an actual economy recovery to back up the bull case. This combine with mainstream media's daily bombardment on China doom and gloom is playing out kind of like the few month after covid crash where everywhere you look at all you can see is bear case for the market from the media while institution is quietly scooping up equities Long everything China, especially the tech sector. BABA is also suppose to have a split before July 15. Last edited by threezero; 07-09-2020 at 10:57 AM.