Mark Mobius, emerging markets expert, suggests that investors should reduce their holdings in Chinese consumer stocks and focus on technology stocks. He believes that China is aggressively investing in the tech sector, with a particular emphasis on chips, in an attempt to surpass the US. He also mentions that while some Chinese companies may not be profitable at the early stage, they could do well in the next three to five years. He advises investors to be cautious and invest in profitable companies. He also recommends diversifying into India while holding attractive Chinese stocks.