Opinions
Pete Najarian
DiDi Global
DIDI-N
COMMENT
Dec 29, 2021
He wouldn't touch Chinese stocks, unless through options. Too risky.
$4.985
Stock price when the opinion was issued
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The worst is over in Chinese tech stocks, hammered by the Chinese government, especially the education stocks. Alibaba has rebounded with investors making strike calls aggressively. Same goes with DIDI. These are big, institutional trades, waiting for Beijing to stop hammering these names. If this has indeed stopped, there could be huge upside.
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