Chinese indexes/etfs are mostly good for its stability, overall it doesnt grow as much as other markets, but it tends not to drop as much either.
Comment on Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple
normalexit@lemmy.world 7 months ago
I bought byd stock. It keeps going down. I will never understand investing
Alcoholicorn@mander.xyz 7 months ago
herseycokguzelolacak@lemmy.ml 7 months ago
Markets can stay irrational longer than you and I can stay solvent.
avidamoeba@lemmy.ca 7 months ago
You never buy an individual firm stock unless you have insider knowledge.
pineapplelover@lemmy.dbzer0.com 7 months ago
And I’ve been holding tesla for years and it goes up even when news is shit. I don’t get it either
IhaveCrabs111@lemmy.world 7 months ago
It’s just too complex for you. You’ll never understand things like regression charts, Fibonacci patterns and crime
REDACTED@infosec.pub 7 months ago
en.m.wikipedia.org/wiki/BYD_Auto
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Realistically their sales in Europe are a statistical noise.