I think all should avoid investing in any company that has major business in China because no one can understand the CCP logic. CCP is just an organised gangster. Nowaday, they can just rob any company as they wish.
In order to increase the birth rate so they take on the private tutoring sector? What sort of logic is that?
Today they take on this sector, tomorrow they take on another sector. No one can predict and market hate uncertainty.
I know because I am a Chinese. Their corruption never changed but getting smarter. Before they took money under the table. Now, they took money from listed company in a way of heavy fine, as well as short the company in advance so they can profit from the share market.
Unless you want to be a sheep and want to sit on the bench waiting to be chopped one day, don't invest in those companies. There are many other good companies out there without political risks. My two-cent advice.
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