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pongop
The Plain Bagel
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Comments by "pongop" (@pongop) on "China's Regulatory Crackdown - What You Need to Know Before Investing in Chinese Stocks" video.
I just looked up GAAP and now I get it! Lol
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@rngnakka9850 I had to look up GAAP but now I get it lol
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I invested in Luckin Coffee and China National Offshore Oil Corporation, both of which got delisted and I lost most of my money. Lol.
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Thanks for the video. I appreciate the context and analysis of the situation. When I first started investing, I picked up a few shares of Luckin Coffee and CNOOC (one of China's national oil companies). LOL. Both got delisted in the US and their share prices dropped heavily. So I'm wary and cautious, but not categorically opposed to, investing in Chinese stocks. There are some opportunities there. I held Luckin rather than selling at a huge loss, and it has gone up some, so we'll see what happens.
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