How to invest in China, my current folioTo continue the topic of investing in China, I am using CHAU chart, which is the CSI300 2 x ETF chart. CSI300 chart is available else where but not on TV.
Current holdings.
1. CHAU, the 2x ETF of Shanghai traded CSI300, similar to SPY500
2. NIO, Chinese rival of Tesla. I like its CEO humility and customer service focused business approach.
3. TIGR, 150% growth, profitable last Q. Chinese love to invest in stocks too.
4. API, new IPO, Chinese software rival of Twillo.
A. The Chinese economy has been growing for years however its stock markets are not reflecting due to CCP's bias of promoting state-owned companies. THAT has changed technically. Charts are breaking out.
B. As much as I love freedom, I love money too. China's firm ways of dealing with international trade and Hong Kong affairs is STANDING and no single country dare to cancel Hong Kong's freeport status or stop trading with China.
C. We, as Americans have learned lessons from the past, most recently Iraq.....better LET IT BE.
Suck it up and let's make money.
