For those with a certain level of wealth, it is best to stay away from RMB assets, including RMB itself.
Among RMB assets, the most "premium" ones are none other than these:
1) High-quality real estate in core areas of first-tier cities.
2) Shares of top-ranked central enterprises and state-owned enterprises among the Fortune 500 companies, such as China National Petroleum Corporation, Bank of China, China Mobile, etc.
3) Shares of large private technology companies in China, such as Tencent, Alibaba, BYD, CATL, etc.
4) Mineral resources unique to China, such as shares in companies dealing with rare earths, tungsten ore, and other minerals.
5) China's government bonds.
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For those with a certain level of wealth, it is best to stay away from RMB assets, including RMB itself.
Among RMB assets, the most "premium" ones are none other than these:
1) High-quality real estate in core areas of first-tier cities.
2) Shares of top-ranked central enterprises and state-owned enterprises among the Fortune 500 companies, such as China National Petroleum Corporation, Bank of China, China Mobile, etc.
3) Shares of large private technology companies in China, such as Tencent, Alibaba, BYD, CATL, etc.
4) Mineral resources unique to China, such as shares in companies dealing with rare earths, tungsten ore, and other minerals.
5) China's government bonds.