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Small Cap Chinese Equity is 67% of Portfolio - how Risky is this? - Baozun
Baozun is 67 percent of my portfolio and it is a small cap Chinese equity. Is this extremely risky? People have told me that I shouldn't do this because Chinese stocks have a history of fraud, and don't have tight financial controls. I did my research and think that this is a good company, and right now my number 1 concern is the government crackdown on businsses like they did several years earlier to the education Sector. The earnings of this company is good and it is quite profitable, so I think it should do good over time.
Does this belong in Wall Street Bets? Thanks!
https://preview.redd.it/iwoj0e9atyte1.jpg?width=1080&format=pjpg&auto=webp&s=f47d3a55efb90b70f2e6dc5149cb3e1bb2f73e89