$NFLX Here is mother of all trade. Chinese tech companies are down because DIDI went ahead with IPO in the US after warning from China. Almost a trillion dollars in Chinese stocks got wiped out almost 50% from recent high with Chinese crack down for housing cleaning. But market hasn't caught up that there is Beijing Winter Olympics in 2/4/2022. That is about 7 months from now and this news will come up soon for big bounce. BIDU isn't targeted by China because they followed their government in early days when Google got kicked out of China. There are billions online for advertising money for Beijing Olympics with most population in the world. So BIDU which is google of China will benefit most from Beijing Olympics with their maps and advertising revenue plus strong holiday earnings coming up in December thus there will be strong bounce from recent low after cutting more than 50% drop from recent high.
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