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Big Tech China

  • 02-02-2022 1:57pm
    Registered Users Posts: 114 ✭✭

    It's been years since I had any Chinese stocks in my portfolio. I've started over the last few weeks adding a some of these Chinese companies.

    Two company buys so far over the last few weeks. (pretty obvious choices really given how much they have fell)

    Baba and Tencent

    I got Tencent at $4.33hkd <-- hong kong stock market

    Baba I have started a position, my average is $115 but I will continue to add more now <-- Nasdaq

    ( A third pick is FriendTimes SEHK:6820 :- they develop and publish, and operate mobile games. They have a small mcap, are making a ton of money Worth a look if you are feeling adventurous) <-- hong kong stock market

    My price targets are Baba $260

    Tencent $6.20

    FriendTimes $3.75


  • Registered Users Posts: 114 ✭✭AnF Chuckie egg

    I think I'm about done sorting out my position in baba. It's a sizable chunk of change for me, my average has gone up to $122 now. I haven't added anymore tencent or Friend times. I am still looking out for other China tech stocks if the opportunity presents.

    I'll revisit this in 12 months to see where its at