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Are Chinese Stocks ‘UNINVESTABLE’ Now? (New Leadership Announced)
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China hosted the 20th Communist Party Congress over the weekend where President Xi Jinping solidified his power as the leader of the country and announced his new political cabinet.
In this video I discuss the implications for the events on the stock market, particularly Chinese based companies like Alibaba and JD.com, as well as share some clips of Charlie Munger, Warren Buffett's right hand man, who has a large investment in BABA through the Daily Journal Corporation's stock portfolio.
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INTRO 0:00
CHANGES TO CHINA'S LEADERSHIP 0:55
1ST NOTABLE EVENT 2:38
2ND NOTABLE EVENT 3:08
MARKET COLLAPSE 4:07
MUNGER'S BABA INVETSMENT 5:57
TRACK YOUR PORTFOLIO FOR FREE 12:16
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Disclaimer:
The information in this video is general information only and should not be taken as constituting professional advice from Hamish Hodder.
Hamish Hodder is not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your unique circumstances.
Hamish Hodder is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this video.
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