I am looking at buying some June calls in a few Chinese companies/ETFs. My reasoning is, (IMO of course, not fact), China will be back to the grind stone before anybody else. They will be pumping out goods to the rest of the world because that is what they do...and as a result their stonks will go up. - BABA - NIO - MCHI - FXI - KWEB Thought?
Sales at Europe and America will be bad for the next two months at least, any Chinese companies rely on oversea orders will not perform well. Domestic retail demands will rebound, so long on BABA, JD, PDD.
that is what i thought but then the ones listed on US exchanges went down today along the rest. Perhaps it was bundled into some sort fund or index and when people flee them got like collatoral damage.