It is something they see in the long run that made them purchase such amount. There certainly a value here, but it depends on you if you would take action now๐ค
I just wonder how NIO will look like in the long term? Can they be the next TESLA of China? Well if it's a very long term expectation, I think it would be positive looking ๐
It's like watching a roller coaster ride in Disney theme park. Once it goes up, all smiles and hands up ๐ when it goes down, all scream and ๐ญ. Really need to be emotionally stable ๐
Is it the giant that is awake or just a tiny mouse? I don't know but the challenges ahead for Disney is real and many more external factors like COVID will surely slow their growth.๐ฅธ
So what would it be? Focus all your investment in Tesla? Or diversify in these 5 power house of China? ๐งWell it all depends on your portfolio and risk level. I wonder how manycompany will Amazon be sum up to?
Still a long way to go before you reap what they are selling. They are growing and bringing so much goodness and benefit to the market. So just sit tight and relax, enjoy the ride ๐ค