Low Risk, High Returns ETF - CHIQ
Please DYODD as usual as this writing is merely my opinion and is to be taken as purely educational or entertainment, if you like. Your money is your money and nobody should tells you what to do! Remember that !
Now, with the last hurdles that China is now working on - the reopening of China borders with the abolishment of the Covid regulations. We can see from many media headlines that countries are on one hand welcoming the tourists from China and at same time worried and concerned about the high infection rates that will be coming into their own countries. Is this an opportunity costs ?
Property prices are still much depressed now in China and will take some time for consumers to regain confidence and buy again. The government has already made clear that properties are meant for home ownership stay and not to be treated as an investment vehicle. Last month or so, we see the central government coming up with different measures to prop up the property sector.
It is hard not to talk about Jack Ma, the man behind Alibaba in China and how he is being put on the back pedestal by the CCP and all (decide for yourself how much is true). Now , he is in Thailand studying about farming technology which could be the next rising sector for China.
Hangzhou mayor has already said they will support Alibaba fully as it continues to bring more jobs creation and digitalisation to the city/country/overseas. This is great news !!!
Just the opposite of US, China is cutting down interest rates, propping up the economy with billions of money to increase money supply, issue vouchers and offering discounts to entice consumers to spend more. Just watch how CNY period will stimulate a big boom in the Chinese economy as people go about spending more than before after 3 long years of lock down. From cars to luxury goods to fashion wear, the rising tide will lift up all boats.
So, if you are unfamiliar with picking individual China stocks, then this ETF might be a good substitute.
Now, with the last hurdles that China is now working on - the reopening of China borders with the abolishment of the Covid regulations. We can see from many media headlines that countries are on one hand welcoming the tourists from China and at same time worried and concerned about the high infection rates that will be coming into their own countries. Is this an opportunity costs ?
Property prices are still much depressed now in China and will take some time for consumers to regain confidence and buy again. The government has already made clear that properties are meant for home ownership stay and not to be treated as an investment vehicle. Last month or so, we see the central government coming up with different measures to prop up the property sector.
It is hard not to talk about Jack Ma, the man behind Alibaba in China and how he is being put on the back pedestal by the CCP and all (decide for yourself how much is true). Now , he is in Thailand studying about farming technology which could be the next rising sector for China.
Hangzhou mayor has already said they will support Alibaba fully as it continues to bring more jobs creation and digitalisation to the city/country/overseas. This is great news !!!
Just the opposite of US, China is cutting down interest rates, propping up the economy with billions of money to increase money supply, issue vouchers and offering discounts to entice consumers to spend more. Just watch how CNY period will stimulate a big boom in the Chinese economy as people go about spending more than before after 3 long years of lock down. From cars to luxury goods to fashion wear, the rising tide will lift up all boats.
So, if you are unfamiliar with picking individual China stocks, then this ETF might be a good substitute.
Comment:
Let's wait a while to see if there is any bullish signal before going LONG