China crackdown on big tech poised to continue. Investors bet on the possibility of a seismic shift towards green energy/EV (BYD, Nio, Jinko Solar, Daqo Solar) from local big tech (Alibaba Group, Tencent, JD.Com) in terms of policy the Chinese government.
Disagree with Cathie Wood's take on the Chinese stocks. Their administration is not done cracking down big tech companies. They are focusing on improving green energy solutions and putting an end to big tech capitalism and will continue to introduce more regulatory risks. Also, Evergrande is going to expose the biggest debt scandal in the world. This is the Chinese version of 2008 crash
NIO Inc. Provides July 2021 Delivery Update NIO delivered 7,931 vehicles in July 2021, increasing by 124.5% year-over-year. Cumulative deliveries of the ES8, ES6 and EC6 as of July 31, 2021 reached 125,528.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....