Big Reversal in Chinese Internet Stocks Fuels Hopes

bloomberg2022-03-18

A sudden turnaround in Chinese internet stocks this week is fueling optimism that the worst of the yearlong rout may finally be over.After Beijing vowed to keep stock markets stable and “rectify” ...

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Comments

  • jayfalcon
    2022-03-21
    jayfalcon
    Like pls 🙏 thanks
  • rlgt
    2022-03-21
    rlgt
    K
  • Sysy
    2022-03-20
    Sysy
    L
  • HelloKitty55
    2022-03-19
    HelloKitty55
    Ok
  • KH321
    2022-03-19
    KH321
    OK
  • robot1234
    2022-03-19
    robot1234
    After Beijing vowed to keep stock markets stable and “rectify” issues related to internet platform companies as soon as possible, the Hang Seng Tech Index soared some 32% from a record low over two sessions. That’s quite a u-turn in sentiment from earlier this week when JPMorgan Chase & Co. analysts called those stocks“uninvestable.”In today borderless world, advanced tech companies such as US' FAANG & China's BAT will continue to play a crucial role in their respective domain.
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