Strategist to U.S. investors: 'Don’t fully avoid China stocks'
#China #youtube #stockmarket A push from the Biden Administration to tighten rules on overseas investments by U.S. companies could be mired in bureaucracy, leading to an opportunity in China stocks. The news comes as China's GDP growth signals caution. The U.S. is considering new legislation that could ban or prohibit foreign technology such as the social media platform TikTok, owned by Chinese company ByteDance. The moves come amidst a U.S.-led push to hamper China’s ability to acquire specific U.S. tech that could improve its military prowess. Yahoo Finance's Julie Hyman and Jared Blikre were joined by Ben Emons from NewEdge Wealth for a deeper dive into which U.S.-based companies like Qualcomm (QCOM) and Broadcom (AVGO) could be impacted. Emons also discusses if it's time for U.S. investors to start avoiding China tech stocks. He says that crackdowns aren’t done yet -- but says not to fully avoid China Stocks. Key takeaways: 00:00 - 0:45: The Crackdown on China Tech 0:50 - 1:05: Geopolitical Tension 01:05 - 1:25: Why not to Avoid Chinese Tech Stocks Don't Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: • Elizabeth Holmes: 'Valley of Hype' [pre-sh... Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
