We are still in bull market. Bear market will only come next year or so when recession arrives. All these stocks could go down below US$20 or even US$1.
SEA is not social media company by nature so SEA still can sell via Shopee Live. This is unfair advantage that Tik Tok doesn't have. Tik Tok Live is being restricted but not Shopee Live.
Sea Jumped Over 11% As Indonesia May Issue Regulations on Social Media E-Commerce This Week