China Tech – do we intend to cut & run?

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Question asked 31/07/2021

China Tech – do we intend to cut & run?

James, You covered the negative sentiment regarding China Tech stocks today quickly but as the International portfolio holds a number of these including recent purchase of JD. Do you intend to cut and run or hold and why? Best, Mark K.

Answer

Hi Mark,

We do intend to reduce our exposure to China but as we saw this week after huge sell-offs significant bounces usually occur, a little more patience feels prudent – watch this space.

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Alibaba (BABA US)

LAST UPDATED 31/07/2021 08:40

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