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My investment in China tech stocks
18 Jun 2022 (415 views)  

I invested $475,000 SGD in 3 China tech stocks, namely Alibaba, Baidu and SMIC. They show a loss of 22.2% or $105.000.

These stocks are on average about 50% down from their peak prices during the past 52 weeks. 

The forward PE ratios for these stocks are quite modest, compared to similar tech stocks in America. I will hold these stocks and wait for their recovery.


 

My investment in China tech stocks
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I invested $475,000 SGD in 3 China tech stocks, namely Alibaba, Baidu and SMIC. They show a loss of 22.2% or $105.000.

These stocks are on average about 50% down from their peak prices during the past 52 weeks. 

The forward PE ratios for these stocks are quite modest, compared to similar tech stocks in America. I will hold these stocks and wait for their recovery.