ðŸ‡ðŸ‡° English, 13 October 2026, AI race
Chinese stocks present better opportunities today than at other times, says Li Lu
Li Lu, a disciple of Charlie Munger, sees undervalued opportunities in Chinese companies
Shares in Chinese companies present better opportunities today than at other times, a disciple of legendary investor Charlie Munger said in a rare reflection on the world’s second-largest economy amid tensions with the US and the ongoing artificial intelligence race.
The comments by Li Lu, Chinese-American founder and chairman of Seattle-based value investment firm Himalaya Capital, came amid divergence between the markets on opposite sides of the Pacific.
While stock markets in China and Hong Kong have been struggling, US stocks have defied high inflation, government debt concerns and two-decade-high Treasuries yields to hit new highs.