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My investment in China tech stocks
14 Nov 2022 (267 views)  

I invested $511,978 SGD in 2 China tech stocks (Alibaba and Baidu). I bought the stocks when they dropped about 35% below the 52 week high. The prices at the peak were much higher.

The stocks dropped by a further 30% since I bought them, giving me a loss of $157,713.  

I expect these two stocks to recover over the next few months, as the China economy recovers. I will wait for the recovery to happen. 

The current price of Alibaba is 75% below its 5 year high. For Baidu, it is 67% below.

Note - I am sharing my investing experience. I am not giving financial advice.


My investment in China tech stocks
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I invested $511,978 SGD in 2 China tech stocks (Alibaba and Baidu). I bought the stocks when they dropped about 35% below the 52 week high. The prices at the peak were much higher.

The stocks dropped by a further 30% since I bought them, giving me a loss of $157,713.  

I expect these two stocks to recover over the next few months, as the China economy recovers. I will wait for the recovery to happen. 

The current price of Alibaba is 75% below its 5 year high. For Baidu, it is 67% below.

Note - I am sharing my investing experience. I am not giving financial advice.