Re: Chinese tech, anyone?
In buying Chinese stocks, you need to be aware that you run normal commercial issues and then there is the lack of rule of law. If tencent's wechat is used to organize people against the government,- the company could well be crushed. I see the political risk as greater than the commercial rsk and this has prevented me from investing directly.
There are two plays that might diversify things a bit ,well three.
l.Tencent- 35% or so of the stock is owned by Naspers which is a South African firm doing the same sort of stuff selling at 40% or so below nav. SA has risks as well but Naspers is worth keeping an eye on.
2. Softbank ownws about 35% of alibaba. Same story but here your money is on Son.
3.Third is to buy a china focused fund. Problem is if one stock goes down others could.
Have not yet figure out how to deal with it.Open to suggestion.
SC