Friday 4 October 2024

The Great Chinese Rally: A Buying Opportunity or Time to Exit?

What a remarkable week it has been. After my previous post(here) on taking a look at the Chinese stocks again, it rallied with great momentum for more than a week. I dont know it will rallied with such a momentum, if I knew, I would have thrown in the kitchen sink as well. 

As I mentioned earlier, these patterns tend to repeat: once the value becomes apparent, investors begin to take notice. Now, with the recent rally, many are questioning whether they should sell their positions—many of which have finally turned positive—or whether it’s a good time to enter the market for those looking to buy.