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There’s CHIQ, which tracks discretionary consumer spending and went absolutely ape-shit this year. Don’t know if I’d get in too much right now (very big online retailer exposure), but it’s worth a watch in the event of continued very strong China growth.

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Yeah, it would be nice if I could personally profit from their rise, but at the end of the day there’s no reason for most chinese companies to sell shares to western randos (and the western banks and private funds who would inevitably buy the most.) There are a few huge companies that apparently thought it was worth doing, and are listed on western exchanges, but most apparently don’t need capital bad enough to deal with foreign shareholders who just want to profit off of them.

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finance

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Stock market entryism is a revisionist lie.

:stonks-up: :stonks-down: :ritzy-marx: .

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