- The recent Chinese tech and education stocks sell-off once again reinforced the unique aspect of Chinese stocks: policy, policy, policy.
- Chinese EV stocks like Li Auto, XPeng and NIO were sold off initially, but have mostly bounced back.
- The Chinese government is very bullish on Chinese EV companies, evident by its generous policies regarding EV development.
- The Chinese EV stocks do not face the same political risks as those of Alibaba, Tencent Holdings, or New Oriental Education and Technology. In fact, it is quite the opposite.
For further details see:
Chinese EV And The Recent Tech Sell-Off: Follow The Wind