Hong Kong will have its own tech quartet as of next Thursday; Asian shares don't have the same euphoria as U.S. stocks (yet), and that's a good thing.
While Thursday's major change of character should give pause, you could be slowly building a long-term position and view this drop as an opportunity to add a small piece to that trade.
I'm not pointing a finger, but the trend I'm seeing here is companies based in China, trading on U.S. exchanges....
Beijing demands support from companies in Hong Kong for its treason law if they want to keep doing business there and some big names are complying.
Right now the charts of BIDU look bullish.
I expect investors to use NIO as the completion of the EV trifecta for trading and investing.
NetEase is the second Chinese company to launch a secondary listing in Hong Kong. It is unlikely to be the last.
What's the plan? It's anybody's guess, which is really, in the end, what matters.
Scrutiny of overseas listings and corporate purchases by Chinese companies is set to intensify.
Other places besides the United States are flashing green, and they can surprise us -- even give our international companies a boost.