$Baba $JD $Huya $Ping An $Tencent $ISharesHSTECHI’ve been receiving tons of questions on my emails since the last couple of posts from readers asking me if it is a good time to enter the Chinese tech market and what’s my current my average costs on some of the companies that I am still holding so far.In the spirit of sharing and transparency, I’ll also share my average costs on these companies since I have many readers who were asking them.Personally, I’m using the average costs on my position to gauge my entry level capability to ensure I am not paying too much for a position which I think doesn’t make sense. It also helps me to gauge at which point I should be averaging down and how much buffer I have before I’m wiped out by the margin I took in a worst case scenario.Here we
Will NIO Stock Follow Tesla's Footsteps? What To Consider Between These Two EV Stocks
Let's take a look at how NIO compares to Tesla today, NIO's unique selling points, and the similarities between the two companies.NIO is a high-growth choice that does not seem overly expensive relative to how Tesla is valued.NIO is not a low-risk stock, however, and it may not be a good choice for everyone. Investors should also consider NIO's valuation versus legacy car companies.Both companies have benefitted from growing interest in EVs during 2020, a trend that saw share prices of most EV p