You have every reason to be worried about what's happening in China, & thus impact on companies like MFG.
Here's some facts plus some opinions:
17th August 2021: How Exposed Is MFG To China's President Xi Jinping "SX China Socialization Program"?
China Giant Stocks Alibaba, Tencent, TAL Education, Have All Crashed In Past Month. Is Worse To Come For Billionaires Jack Ma, Pony Ma? e.g. Alibaba-minus 13% Tencent-minus 20% TAL-minus 72% Gaotu Techedu-minus 73%
"Chinese Regulators Forbade Companies That Teach School Curriculum To Make Profits, Raise Capital, Go Public. Yikes!
"Back To Hamish-Magellan: Alibaba, Tencent Are Among Raft Of ASX:MFG China Favourites. IMO, Expect Equally Bleak Future...Plus A Portent Negative Sign Of What Can-And Will Continue-To Plague Foreign Investors In Stocks In Xi's High Risk China!
"Sadly Hamish “The ASX Fund Manager” Is Not Alone On ASX, That Didn’t See This Xi-Coming!
"Next Time-And There Will Be!-No Excuses For ASX Funds Wealth Getting Trashed.
"Worse Still: You Get NO Warning...Happens In Blink Of Xi-Eye!"
Sadly For ASX Investors, Hamish Missed Biggest Xi-China SX Event In History!
PS: Don't Be Complacent! Latest Xi-Moves Impact Globally!
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