N00b
2022-04-29

$Alibaba(BABA)$SCMP news reported China is scheduled to have a symposium with the country’s Big Tech firms on the heels of the Politburo meeting on Friday, raising hopes that Beijing will stop its sweeping regulatory clampdown on the tech sector and give internet platforms larger roles to help prop up the ailing economy, according to two sources briefed on the situation.

Tech stocks may fly???

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Comments

  • BellaFaraday
    2022-04-29
    BellaFaraday
    The authorities should have done this a long time ago.
  • HilaryWilde
    2022-04-29
    HilaryWilde
    Looks like it's time to buy Alibaba.
  • PandoraHaggai
    2022-04-29
    PandoraHaggai
    Hope Chinese ADRs can usher in a rise.
  • N00b
    2022-04-29
    N00b
    The key message to tech companies is that the state wants them to grow and play a role in Beijing’s efforts to bolster an economy battered by Covid-19 controls...
  • Srikanth
    2022-04-30
    Srikanth
    👍🏻
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