Today's Trade: Selling NetEase, Buying Netfin Acquisition Corp (for Triterras)

Todays Trade:

I'm going to get out of NetEase (NTES) today as India ramps up its China app bans. What concerns me the most is if America follows suit, as it has with WeChat and TikTok bans. I'm already heavily invested in Tencent, which is the largest gaming giant in the world and who remains vulnerable to this, so there's no point in doubling up in this environment.
https://thewire.in/tech/pubg-banned-chinese-apps-blocking-order-tension-pangong-tso

Time to move that money into something way more speculative. Using the funds I added Netfin Acquisition Corp (NFIN) in order to get access to Triterras, a Singapore-based, blockchain-based global trade finance platform. It uses the Ethereum platform, apparently, but the potential here is huge when you consider the multi-trillion dollar valuation of the trade finance market. I remain somewhat skeptical of its potential considering the number of rivals its sure to have, but any company looking to shake things up in major markets are ideal for me - especially if they're moving first into the public markets.

Posted Using LeoFinance