Why? The government has set a target of 1.5 million new homes by 2029, great. But to achieve that, the measures they have come up with are easing planning controls, and giving some £250 subsidy on fuel bills to people living near pylons. What about the shortage of land and lack of construction workers? Seem like much bigger issues. The government is probably making the latter issue worse, not better.
Well they did, check today's prices.
Looking at the market from a technical point of view, these stocks are beaten right down now, and houses need to be built.
It seems others saw the same on the chart as me.
Persimmon is my favourite. Last I looked some have heavy cladding obligations. Starmer said something about that.
I've been building in a few of this list for a few weeks, and others like Baba BYD and Nio.
China won't be devastated by trump sanctions, and they can fight back.
They're very keen on their AI developments.
I'm out of more of my US funds that I thought . Usually it's best to just ride through small dips, or even medium ones, but this one looks long enough to ba able to get back in cheaper later. Luckily this dip has been gradual, plenty of notice. Passing trillions have been hit maybe 3% overall, which isn' too bad. A couple of smallacconts where I heldon longer are down more. The biggest drop is from 41 to 37.5, so 10%.
I may use leveraged ETFs to try to get that one back again. It's opnly gone back a few months effectively, around October-November. Still up on the past 12 months by a good amount.
Gold may get a boost though I'm wary there. as well as China.
Top 7 Chinese stocks by one-year performance(nerdwallet)
Below is a list of the seven best-performing stocks in the last year that are listed on the NYSE, NASDAQ or AMEX exchanges, have a
market capitalization of at least $1 billion and are headquartered in China or Hong Kong.
Ticker | Company | Performance (Year) |
---|
VNET | VNET Group Inc ADR | 622.93% |
KC | Kingsoft Cloud Holdings Ltd ADR | 465.19% |
GDS | GDS Holdings Limited ADR | 431.54% |
HSAI | Hesai Group ADR | 382.09% |
LX | LexinFintech Holdings Ltd ADR | 378.69% |
QFIN | Qifu Technology Inc. ADR | 158.65% |
XPEV | XPeng Inc ADR | 135.62% |