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03 Nov 2023
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Tan Kin Lian - Investment Journey
Review of China stocks - 3 Nov 2023
I have HKD 9.779 million (SGD 1.7 million) invested in China stocks.
In spite of the weak China market, my stocks performed quite well over the past 12 months. The dividend yield on most stocks were attractive.
I decided to take profit on HK $200,000 of SMIC stock and HK $100,000 in PICC stock and reinvest the proceeds in Xinte Energy (which has a low PE ratio and has declined by a lot). I hope to see a recovery in this stock.
Tan Kin Lian
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