China tech stocks lower as nation issues draft competition rules

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China tech stocks lower as nation issues draft competition rules

Bloomberg2021-08-17

The Hang Seng Tech Index dropped as much as 3%, as China’s market regulator released draft rules banning unfair competition among the nation’s online platform operators. Baidu Inc. and NetEase Inc. ...

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Comment（38）

PhilipGoh
·2021-08-17
Check check and buy????
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WwwQY
·2021-08-17
The beginning impact
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EeHoe
·2021-08-17
gg
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1
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SanWangtikup
·2021-08-17
Still dropping
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1
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- EeHoe:
  gg
  2021-08-17
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greenyellow
·2021-08-17
buy the dip
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3
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AllenKee
·2021-08-17
Be positive... Finally put up an action and best thing will be on the way!
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6
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tkj
·2021-08-17
Actually, by tearing down the walls and allow cross access of their ecosystems, there are benefits to be reaped. Customer and supplier base could potentially become much bigger for the more innovative company...why look at the negative aspects that monopoly on own customer/supplier is gone?
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5
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Wpbk
·2021-08-17
Drop drop drop buy buy buy
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2
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DenisL
·2021-08-17
Never ending
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3
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Lazybird
·2021-08-17
Divide and conquer.
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2
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Bll
·2021-08-17
[Cry]
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TheHaq
·2021-08-17
China stocks gonna be down for a long time
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tetradrachm
·2021-08-17
Like please thanks
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- Etet1985:
  like
  2021-08-17
  Reply
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- GabrielS:
  help like
  2021-08-17
  Reply
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- JeremyKok:
  hi. please like and comment back. thank you.
  2021-08-19
  Reply
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NgKenny
·2021-08-17
Nice
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2
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M3Mike
·2021-08-17
More enforcement meaning more FUD, price will swing more wildly. Stay safe.
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Dr Rck
·2021-08-17
Great protection for consumers and will boost confidence in tech stocks all the more! Bravo, indeed short term pain long term all benefits!
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- 河东荷西:
  这是什么时候出来的信息
  2021-08-17
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- M3Mike:
  Its a balancing act.
  2021-08-17
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- 东营天地人和:
  确实是个不错的利好
  2021-08-17
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zero79
·2021-08-17
Diarhorrea
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JC888
·2021-08-17
At first glance, the move looks seemingly positive and in the right direction. From a demand or market driven viewpoint, what does this mean ? Additionally if every business is a free for all business, is there any incentive for Biz entrepreneur ? Will China continue to thrive based on innovation when there is no incentive for honest innovation ? Too early to tell and will be too late to realize one year down the road. I think its best that these giants invest in offshore companies and organically grow other businesses away from China but list them at HK Stock Exchange. It makes better business sense...
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- JC888:
  In the business world 1 + 1 may not equal to 2 especially when u are referring to conglomerates..
  2021-11-01
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- RobinTan:
  Feasible or not that's another question. But just imagine a merger between Alibaba and Tencent. A China with that in its pocket can easily kill off western competition.
  2021-08-17
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- RobinTan:
  Can't look at China with a western lens.
  China is used to a top-down political system for 5000 years. It's hard to profit from China if you're not with China.
  2021-08-17
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Finally put up an action and best thing will be on the way!&nbsp;","listText":"Be positive... Finally put up an action and best thing will be on the way!&nbsp;","text":"Be positive... Finally put up an action and best thing will be on the way!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833022248","repostId":1147138826,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833095036,"gmtCreate":1629187955925,"gmtModify":1676529958861,"author":{"id":"3582020830270271","authorId":"3582020830270271","name":"tkj","avatar":"https://static.tigerbbs.com/b4db3635974ce189ed8129eca6b5b618","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Actually, by tearing down the walls and allow cross access of their ecosystems, there are benefits to be reaped. Customer and supplier base could potentially become much bigger for the more innovative&nbsp; company...why look at the negative aspects that monopoly on own customer/supplier is gone?","listText":"Actually, by tearing down the walls and allow cross access of their ecosystems, there are benefits to be reaped. Customer and supplier base could potentially become much bigger for the more innovative&nbsp; company...why look at the negative aspects that monopoly on own customer/supplier is gone?","text":"Actually, by tearing down the walls and allow cross access of their ecosystems, there are benefits to be reaped. Customer and supplier base could potentially become much bigger for the more innovative company...why look at the negative aspects that monopoly on own customer/supplier is gone?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833095036","repostId":1147138826,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833098022,"gmtCreate":1629187772366,"gmtModify":1676529958734,"author":{"id":"3582232794638845","authorId":"3582232794638845","name":"Wpbk","avatar":"https://static.tigerbbs.com/edf90868d695ad9f6108fdf213cde65b","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"Drop drop drop buy buy buy","listText":"Drop drop drop buy buy buy","text":"Drop drop drop buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833098022","repostId":1147138826,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833006927,"gmtCreate":1629187130569,"gmtModify":1676529958519,"author":{"id":"4088158505984320","authorId":"4088158505984320","name":"DenisL","avatar":"https://static.tigerbbs.com/0d13e043c2c38e5d7bfd53d016d5c6bf","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Never ending&nbsp;","listText":"Never ending&nbsp;","text":"Never ending","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833006927","repostId":1147138826,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":833003280,"gmtCreate":1629186874140,"gmtModify":1676529958454,"author":{"id":"3571063925355053","authorId":"3571063925355053","name":"Lazybird","avatar":"https://static.tigerbbs.com/b9d6679c281c9b2ce1ad84ca4b3682b9","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Divide and conquer.","listText":"Divide and conquer.","text":"Divide and conquer.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833003280","repostId":1147138826,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839771452,"gmtCreate":1629186193676,"gmtModify":1676529958261,"author":{"id":"3575152525326279","authorId":"3575152525326279","name":"Bll","avatar":"https://static.tigerbbs.com/b372fc92d67296f5ba36af78d1d6e935","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Cry]&nbsp;","listText":"[Cry]&nbsp;","text":"[Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839771452","repostId":1147138826,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839755991,"gmtCreate":1629184574713,"gmtModify":1676529957724,"author":{"id":"3572622102225035","authorId":"3572622102225035","name":"TheHaq","avatar":"https://static.tigerbbs.com/fa8f425ae08e71ad8583df23f2813d71","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"China stocks gonna be down for a long&nbsp; 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Stay safe.&nbsp;","listText":"More enforcement meaning more FUD, price will&nbsp;swing more wildly. Stay safe.&nbsp;","text":"More enforcement meaning more FUD, price will swing more wildly. Stay safe.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839784920","repostId":1147138826,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839786804,"gmtCreate":1629182004808,"gmtModify":1676529956691,"author":{"id":"3576157343730083","authorId":"3576157343730083","name":"Dr Rck","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Great protection for consumers and will boost confidence in tech stocks all the more! Bravo, indeed short term pain long term all benefits!","listText":"Great protection for consumers and will boost confidence in tech stocks all the more! Bravo, indeed short term pain long term all benefits!","text":"Great protection for consumers and will boost confidence in tech stocks all the more! Bravo, indeed short term pain long term all benefits!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/839786804","repostId":1147138826,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5553450,"gmtCreate":1629182893448,"gmtModify":1663232495547,"authorId":9000000000000148,"author":{"id":9000000000000148,"authorId":9000000000000148,"name":"河东荷西","avatar":"https://static.tigerbbs.com/448be2640dd5797560f74ee9b8c8fd00","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839786804,"type":1,"supId":0,"prevId":0,"content":"这是什么时候出来的信息","text":"这是什么时候出来的信息","html":"这是什么时候出来的信息"},{"id":5553415,"gmtCreate":1629182512887,"gmtModify":1663232494550,"authorId":4088154342981070,"author":{"id":4088154342981070,"authorId":4088154342981070,"name":"M3Mike","avatar":"https://static.tigerbbs.com/259e456faa292a2e09a116698d67ff21","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839786804,"type":1,"supId":0,"prevId":0,"content":"Its a balancing act.","text":"Its a balancing act.","html":"Its a balancing act."},{"id":5553445,"gmtCreate":1629182828133,"gmtModify":1663232494444,"authorId":3479274789332061,"author":{"id":3479274789332061,"authorId":3479274789332061,"name":"东营天地人和","avatar":"https://static.laohu8.com/picture133","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839786804,"type":1,"supId":0,"prevId":0,"content":"确实是个不错的利好","text":"确实是个不错的利好","html":"确实是个不错的利好"}],"langContent":"EN"},{"id":839712997,"gmtCreate":1629181199719,"gmtModify":1676529956325,"author":{"id":"3586590970630142","authorId":"3586590970630142","name":"zero79","avatar":"https://static.tigerbbs.com/18bdafe6e77141b002b8ed62dd5cc0e3","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Diarhorrea","listText":"Diarhorrea","text":"Diarhorrea","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839712997","repostId":1147138826,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839713357,"gmtCreate":1629180841479,"gmtModify":1676529956222,"author":{"id":"3570103090255456","authorId":"3570103090255456","name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"At first glance, the move looks seemingly positive and in the right direction. From a demand or market driven viewpoint, what does this mean ? Additionally if every business is a free for all business, is there any incentive for Biz entrepreneur ? Will China continue to thrive based on innovation when there is no incentive for honest innovation ? Too early to tell and will be too late to realize one year down the road. I think its best that these giants invest in offshore companies and organically grow other businesses away from China but list them at HK Stock Exchange. It makes better business sense...","listText":"At first glance, the move looks seemingly positive and in the right direction. From a demand or market driven viewpoint, what does this mean ? Additionally if every business is a free for all business, is there any incentive for Biz entrepreneur ? Will China continue to thrive based on innovation when there is no incentive for honest innovation ? Too early to tell and will be too late to realize one year down the road. I think its best that these giants invest in offshore companies and organically grow other businesses away from China but list them at HK Stock Exchange. It makes better business sense...","text":"At first glance, the move looks seemingly positive and in the right direction. From a demand or market driven viewpoint, what does this mean ? Additionally if every business is a free for all business, is there any incentive for Biz entrepreneur ? Will China continue to thrive based on innovation when there is no incentive for honest innovation ? Too early to tell and will be too late to realize one year down the road. I think its best that these giants invest in offshore companies and organically grow other businesses away from China but list them at HK Stock Exchange. It makes better business sense...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/839713357","repostId":1147138826,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6410160,"gmtCreate":1635767002931,"gmtModify":1663236254346,"authorId":3570103090255456,"author":{"id":3570103090255456,"authorId":3570103090255456,"name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","vip":1,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.31","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.06.12","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":839713357,"type":1,"supId":5553316,"prevId":0,"content":"In the business world 1 + 1 may not equal to 2 especially when u are referring to conglomerates..","text":"In the business world 1 + 1 may not equal to 2 especially when u are referring to conglomerates..","html":"In the business world 1 + 1 may not equal to 2 especially when u are referring to conglomerates.."},{"id":5553316,"gmtCreate":1629181670526,"gmtModify":1663232491638,"authorId":3566343570881532,"author":{"id":3566343570881532,"authorId":3566343570881532,"name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.22","exceedPercentage":"80.56%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839713357,"type":1,"supId":0,"prevId":0,"content":"Feasible or not that's another question. But just imagine a merger between Alibaba and Tencent. A China with that in its pocket can easily kill off western competition.","text":"Feasible or not that's another question. But just imagine a merger between Alibaba and Tencent. A China with that in its pocket can easily kill off western competition.","html":"Feasible or not that's another question. But just imagine a merger between Alibaba and Tencent. A China with that in its pocket can easily kill off western competition."},{"id":5553292,"gmtCreate":1629181469326,"gmtModify":1663232491043,"authorId":3566343570881532,"author":{"id":3566343570881532,"authorId":3566343570881532,"name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.22","exceedPercentage":"80.56%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839713357,"type":1,"supId":0,"prevId":0,"content":"Can't look at China with a western lens. <br>\nChina is used to a top-down political system for 5000 years. It's hard to profit from China if you're not with China.","text":"Can't look at China with a western lens. <br>\nChina is used to a top-down political system for 5000 years. It's hard to profit from China if you're not with China.","html":"Can't look at China with a western lens. <br>\nChina is used to a top-down political system for 5000 years. It's hard to profit from China if you're not with China."},{"id":5553301,"gmtCreate":1629181552750,"gmtModify":1663232490958,"authorId":3566343570881532,"author":{"id":3566343570881532,"authorId":3566343570881532,"name":"RobinTan","avatar":"https://static.tigerbbs.com/792519631b5f40b2f2c9ae8def0e8711","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.22","exceedPercentage":"80.56%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839713357,"type":1,"supId":0,"prevId":0,"content":"I don't think the government is trying to kill or stifle innovation and growth of its biggest business. But it's trying to smack them in place and grow as one entity rather than in-fighting.","text":"I don't think the government is trying to kill or stifle innovation and growth of its biggest business. But it's trying to smack them in place and grow as one entity rather than in-fighting.","html":"I don't think the government is trying to kill or stifle innovation and growth of its biggest business. But it's trying to smack them in place and grow as one entity rather than in-fighting."}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":201,"commentSize":38,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}