Chronicle Journal: Finance

This 10.4% Dividend Will Plunge Under Biden (Sell Now)

With China handily beating the coronavirus while pretty well every other country struggles to contain it, you might be considering buying Chinese stocks now. It seems like a no brainer, right? Unfortunately, such a move would be a mistake—especially if you’re lured by the siren song of the closed-end fund (CEF) I’ll name below. Because there’s a gathering storm that’s threatening the country’s stock market and economy, and few people are talking about it. Funny thing is, despite all the so-called advantages China’s companies are supposed to have: lower operating costs and lower regulations among them, these stocks have never really delivered.… Read more
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