πππThe sun rises in the East and sets in the West is a fitting comment applicable to the current situation of the rise in Hong Kong stocks and the drop in US stocks especially the Magnificent 7.
I believe that the Hong Kong stocks are still very much undervalued compared to the US stocks. Therefore their upside potential is grater than their US counterparts.
Hong Kong stocks also provide a great diversification instead of just having a US centric stock portfolio. I like the Terrific 10 which represents the best of Hong Kong/ Chinese stocks. $BABA-W(09988)$
Best of all I do not have to pay commission for the SDRs as Tiger Brokers have a zero commission promotion till the end of March.
It is time for Hong Kong stocks to rise. However in the short term there could be volatility due to geopolitical trade tensions between the US and China due to trade tariffs by the Trump administration. Nonetheless this is a golden opportunity to buy Hong Kong stocks at great prices as in the long term, they can only rise.
@Tiger_comments @Tiger_SG @TigerClub @CaptainTiger @TigerStars
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