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Chinese Tech Stocks Extend Their Losses. How Two Traders Are Approaching the Sell-Off


Outside of China, she suggested looking to South Korea and Taiwan for tech exposure her firm has exposure to both and owns Taiwan Semiconductor Manufacturing for its U.S. equity strategy and to countries that deal in materials such as copper.
It might be worth staying away from China tech stocks altogether, Miller Tabak s Matt Maley said in the same Trading Nation interview.
With little visibility on the Chinese government s next move, many institutional investors could steer clear of the trade for the rest of 2021 despite the Shanghai index getting oversold on a relative basis, which can lead to a near-term bounce, the firm s chief market strategist said. ....

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