Fearful of them as I live in SEA.
Investing in them helps to alleviate the fear.
When we cannot beat them, join them.
I had an opportunity to buy when they were much cheaper, but did not.
I had an opportunity to buy when they were much cheaper, but did not.
So I initiate a small position today.
Their ETF dipped 3%, and is at a support zone and also fell to 20 SMA.
Their PE ratio is still good at 17%.
The recent for the dip should be due to the news that the government is monitor their big techs now, as they have too much influence in its citizens.
Next level to accumulate will be at $70.
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