It seems like the Chinese govt

2021-07-24

It seems like the Chinese govt is doing all it can to punish the Chinese companies that are listed on the US exchange. Every now and then, new penalties are announced, putting all who are vested on their toes....when will this stop???

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Comments

eyzTrade
2021-07-24
eyzTrade
whats wrong with punishing those who are monoplising the market? with demonopolisation, other competitor will be able to compete on a fairer platform.
- eyzTradeReplyeyzTrade:
  instead of innovating, they look for startup to invest. they had lost their touch in innovation.
- eyzTradeReplySandDust:
  looking at the bright side, a competitive market will push tencent to work even harder. if you look at some video, Tencent basically dominate the whole of China market.
- SandDustReplytkj:
  So this is good for the competitor Tencent Music
- tkj:
  agree. nothing wrong in ensuring fair competition but for people invested in the company, this is a great negative on the company revenue..also, what other penalties will the govt think of next

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