You never want to let one session or a short series of recent red ink persuade you to overhaul your long-term strategies, especially regarding a sector as high powered and relevant as China stocks. The world’s second-biggest economy didn’t take that status on a fortuitous whim. Therefore, you don’t want to react to the daily…
Category: NYSE:RLX
10 Chinese Stocks to Buy on the Dip
How bad has it gotten for Chinese stocks? Well, ARK Invest portfolio manager Cathie Wood recently lowered her biggest exchange-traded fund’s (ETF) holdings in Chinese stocks to 0.2% of the portfolio (as of Aug. 9), down from approximately 8% in February. ARK Innovation ETF (NYSE:ARKK) currently has $25.5 billion in assets. That’s a considerable retreat. And while…