I say buy now. I think I'll go with YINN really get that 3x working for me. Stocks are going through the roof and China will play catch up. I wouldn't doubt if it's up 50% in the next 18 to 24 months. I'm extremely bullish.
I said the same about Japan when the Nikkei dropped from 39000 to about half. Finally, after a few years, got out at a big loss.
The low was around the financial crisis I remember around 7 or 8k...under 10k. Did you own mutual funds tied to their markets?? It's wild to see that spike in 1989 followed by an incredible epic drop. Many today think those days of those types of drops are mon exisent since they have many barriers in place to prevent that here and abroad that I believe is extremely unfair.
Either Chinese GDP growth is a clear fabrication or the stocks in their index don't represent that growth in GDP. Maybe GDP growth just means growth internally within the provinces and not externally. How can their index be down 55% since the 2008 peak? Even Europe isn't that bad. Looks to me like they are the next Japan in 1992 or even US in 1932.
I'm bullish. Any day now this index is going to find a bottom and skyrocket an easy 50-100% in the next 24 months as it plays catch up to every market around the world. All China has to do is talk up AI and like magic their markets will skyrocket just like ours has. Simple free money is all in AI.