Hello Chi Keng. I also have a (very small) position in Chinese banks (in PSBC: it's a very conservative, state-backed bank, I like the dividend, and Li Lu and Li Ka-Shing have big investments in it). There are many things cheap now in China so my Chinese portfolio is relatively diversified (maybe too much).
Alibaba is 35pc of the portfolio even after 35pc fall from allocation. Wipes out the gains from the other portfolio names. That's what I call a wealth destroyer. A dead cat bounce will come in Alibaba. That's when one exits. China's economy might grow still, but it's equity markets won't.
Appreciate your in depth analysis but I am not sure if you would consider limiting the play time of your video as viewers would likely switch off after a good 10 mins. Just my two cents worth.
I beg to disagree. The quality viewers are willing to stay longer. I appreciate and prefer in depth, longer video like this. Short form video viewers will enjoy content in Tiktok. Diff. market, diff. Audiences.
Hindsight bias - would've wanted to sell CC on BABA on the way down - but I didn't respect the TA. I think if a stock is in a downtrend, selling CC not a bad idea. But if it's consolidating, the worry for a CC is just explosive reversal which no one can predict. For now, I am selling CSP whenever they go to the lower bound of the range
See allocation and investor, I have not been accumulating for some time. If just starting out with 0, if is me, I think a bit buy and forget not too bad
I mean Alibaba is the largest position in my portfolio because of the fact that it's down so much right now. I'd rather put most of my money into the companies I feel are the most undervalued and have the most upside. In assuming that's why he owns so much more Baba and Tencent than anything else. They both make tons of money but the stock prices are held back for one reason or another.
