NIO Stock Is A Speculative Buy (Upgrade)

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MARHARYTA MARKO/iStock via Getty Images Introduction If you have been following me on Seeking Alpha long enough, you might remember my conviction that the risks in Chinese assets (especially in equities) are too high. This opinion formed in my mind back in 2021 when I published my first article on Alibaba Group (BABA). At that time, I advised everyone not to buy the stock's dips, pointing out the problems of the Chinese economy, the political system, and the legal peculiarities of the now well-known VIE structure. However, the massive exit of institutional investors from their Chinese holdings has led to...