A lot of it depends on whether China can convince foreign companies that it's rules and regulations are clear and not subject to any unconventional changes.
Interesting investment theme. However we are unlikely to see space travel for the common masses be a norm in out lifetime. Maybe enter only after the initial craze has died.
Cathie Wood’s ARK Invest is launching an ETF focused on space exploration, to begin trading Tuesday
If anything, this recent move by the Chinese regulators does provide some parameters as to the sort of drastic measures that they are willing to undertake to protect China's interest. Any prudent investor will have to factor this in mind for any subsequent purchase of Chinese stocks.
While the fine signifies an end to the current investigations by the Chinese authorities, it doesn't preclude that similar investigations may occur if and when the Chinese authorities deem fit to do so. Nevertheless, if you believe in the fundamentals of Alibaba's core business in e-commerce and the growth prospects of its cloud computing segment, the threat of future investigations should not put you off.
At the end of the day, it depends on ones conviction and analysis as to whether you believe the companies in the fund has good fundamentals. There are bound to be market corrections (plural) within a calendar year .
Cathie Wood's Ark Innovation 'ill-prepared to grapple with a major plot twist' in stock market, warns Morningstar analyst
I think the recent sustained dip in prices has to do with the Chinese authorities commencing antitrust regulatory investigations into these Chinese tech firms, which has spilled being Ant and into Tencent. Not sure when that's going to end and how the companies will turn out after the probes end. What do you guys think?
The Hang Seng Index fell 1.04% at the opening. Baidu Group fell more than 9%
This is probably a temporary dip. Nevertheless it serves as a reminder to manage expectations in respect of any overly optimistic target that self driving cars will be rolled out on a mass scale anytime soon , and correspondingly, any skyhigh valuations arising from the same.
Tesla's stock fell more than 4% after reports of fatal crash of vehicle with apparently no driver