China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist

CNBC2021-07-02

KEY POINTS China’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...

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Comment（10）

brightsun
·2021-07-05
One month later gg to fly
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Troedas
·2021-07-05
Hmm..
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1
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椰果布丁
·2021-07-03
中概股風險極高**的一比
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1
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- Troedas:
  yeah
  2021-07-05
  Reply
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SaveHK
·2021-07-02
The country act without reasons and will burn you?
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1
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AzuNyaa
·2021-07-02
Some likes :)
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6
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- Atlantis1920:
  Done
  2021-07-02
  Reply
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sinneDteo
·2021-07-02
Sure?
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5
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kentt0414
·2021-07-02
Like and comment
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7
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- vianau:
  Ok
  2021-07-02
  Reply
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TingZZ
·2021-07-02
Pls like n comment. Thanks
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3
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- Greenbull18:
  [Smile]
  2021-07-02
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- RyanShine:
  A good speech
  2021-07-02
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VicK
·2021-07-02
Interesting
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- xemrunx:
  What do you expect? You have to toe the line.
  2021-07-02
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SteveGoh
·2021-07-02
Like and comment please
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- VicK:
  Hmm
  2021-07-02
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 17:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PDD","symbol_name":"拼多多","start_time":0,"source_url":"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html","article_id":"1180564042","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1180564042","pubTimestamp":1625217271,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the differe","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PDD":"拼多多","09988":"阿里巴巴-W","JD":"京东","00700":"腾讯控股","BABA":"阿里巴巴","09618":"京东集团-SW","03690":"美团-W"},"translate_title":"策略师说，中国对其科技巨头的打击并不是为其企业家“拔掉翅膀”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00700":0.9,"03690":0.9,"09618":0.9,"09988":0.9,"BABA":0.9,"JD":0.9,"PDD":0.9},"content_text":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy Rothman, an investment strategist with Matthews Asia.\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\n\nChina’s recent moves to regulate its technology companies are not necessarily intended to “take the wings off” of its entrepreneurs, a strategist told CNBC on Thursday.\nWhen asked if there could be policy missteps in China’s crackdown on its tech companies, Andy Rothman, an investment strategist with Matthews Asia, explained that it reflects a different approach to regulation as compared with the West.\n“They are dealing with regulatory issues in a different way than Western governments deal. So normally, a Western government would lay out a regulatory structure in the early days of a new industry, like fintech being developed,” he told CNBC’s “Street Signs Asia.”\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\nChina’s technology companies have been largely unencumbered by regulation as they grew into some of the world’s largest corporations. That’s changed in the past year as regulators have cracked down, especially those which operate in the financial sector.\n“I don’t see this as an attempt to take the wings off of the private sector, which has been driving all the job and wealth creation in the country,” said Rothman, who was previously head of the macroeconomics and domestic policy office of the U.S. Embassy in Beijing.\nBeijing’s tightening regulations have hit a number of sectors, including micro lending and what it viewed as monopolistic practices on internet platforms.\nMuch of the scrutinyhas been around Alibaba and and its financial technology offshoot Ant Group, whose massive initial public offering was pulled by regulators. Authorities, however,recently approved Ant Group to operate a consumer finance company, a move which experts said was a positive sign for Ant.\nBut it does mean that investors need to be “really cautious about valuations,” Rothman said. He explained that it has driven him to take a more active approach to investing in China, rather than a passive exchange traded fund-based approach.\nAn active approach means picking individual stocks, as compared with passive investing as a strategy where investors buy an index that broadly tracks the market, such as exchange-traded funds.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":154967553,"gmtCreate":1625470816772,"gmtModify":1703742327840,"author":{"id":"3570689780555896","authorId":"3570689780555896","name":"brightsun","avatar":"https://static.tigerbbs.com/50f01966a534f410b4455882da98d0f9","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3570689780555896","idStr":"3570689780555896"},"htmlText":"One month later gg to fly&nbsp;","listText":"One month later gg to fly&nbsp;","text":"One month later gg to fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154967553","repostId":1180564042,"repostType":2,"repost":{"id":"1180564042","pubTimestamp":1625217271,"share":"https://ttm.financial/m/news/1180564042?lang=&edition=fundamental","pubTime":"2021-07-02 17:14","market":"sh","language":"en","title":"China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist","url":"https://stock-news.laohu8.com/highlight/detail?id=1180564042","media":"CNBC","summary":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the differe","content":"<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 17:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03690":"美团-W","09618":"京东集团-SW","PDD":"拼多多","BABA":"阿里巴巴","00700":"腾讯控股","09988":"阿里巴巴-W","JD":"京东"},"source_url":"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180564042","content_text":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy Rothman, an investment strategist with Matthews Asia.\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\n\nChina’s recent moves to regulate its technology companies are not necessarily intended to “take the wings off” of its entrepreneurs, a strategist told CNBC on Thursday.\nWhen asked if there could be policy missteps in China’s crackdown on its tech companies, Andy Rothman, an investment strategist with Matthews Asia, explained that it reflects a different approach to regulation as compared with the West.\n“They are dealing with regulatory issues in a different way than Western governments deal. So normally, a Western government would lay out a regulatory structure in the early days of a new industry, like fintech being developed,” he told CNBC’s “Street Signs Asia.”\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\nChina’s technology companies have been largely unencumbered by regulation as they grew into some of the world’s largest corporations. That’s changed in the past year as regulators have cracked down, especially those which operate in the financial sector.\n“I don’t see this as an attempt to take the wings off of the private sector, which has been driving all the job and wealth creation in the country,” said Rothman, who was previously head of the macroeconomics and domestic policy office of the U.S. Embassy in Beijing.\nBeijing’s tightening regulations have hit a number of sectors, including micro lending and what it viewed as monopolistic practices on internet platforms.\nMuch of the scrutinyhas been around Alibaba and and its financial technology offshoot Ant Group, whose massive initial public offering was pulled by regulators. Authorities, however,recently approved Ant Group to operate a consumer finance company, a move which experts said was a positive sign for Ant.\nBut it does mean that investors need to be “really cautious about valuations,” Rothman said. He explained that it has driven him to take a more active approach to investing in China, rather than a passive exchange traded fund-based approach.\nAn active approach means picking individual stocks, as compared with passive investing as a strategy where investors buy an index that broadly tracks the market, such as exchange-traded funds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":155738999,"gmtCreate":1625452544511,"gmtModify":1703741985382,"author":{"id":"3559088164596385","authorId":"3559088164596385","name":"Troedas","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3559088164596385","idStr":"3559088164596385"},"htmlText":"Hmm..","listText":"Hmm..","text":"Hmm..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155738999","repostId":1180564042,"repostType":2,"repost":{"id":"1180564042","pubTimestamp":1625217271,"share":"https://ttm.financial/m/news/1180564042?lang=&edition=fundamental","pubTime":"2021-07-02 17:14","market":"sh","language":"en","title":"China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist","url":"https://stock-news.laohu8.com/highlight/detail?id=1180564042","media":"CNBC","summary":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the differe","content":"<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 17:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03690":"美团-W","09618":"京东集团-SW","PDD":"拼多多","BABA":"阿里巴巴","00700":"腾讯控股","09988":"阿里巴巴-W","JD":"京东"},"source_url":"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180564042","content_text":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy Rothman, an investment strategist with Matthews Asia.\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\n\nChina’s recent moves to regulate its technology companies are not necessarily intended to “take the wings off” of its entrepreneurs, a strategist told CNBC on Thursday.\nWhen asked if there could be policy missteps in China’s crackdown on its tech companies, Andy Rothman, an investment strategist with Matthews Asia, explained that it reflects a different approach to regulation as compared with the West.\n“They are dealing with regulatory issues in a different way than Western governments deal. So normally, a Western government would lay out a regulatory structure in the early days of a new industry, like fintech being developed,” he told CNBC’s “Street Signs Asia.”\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\nChina’s technology companies have been largely unencumbered by regulation as they grew into some of the world’s largest corporations. That’s changed in the past year as regulators have cracked down, especially those which operate in the financial sector.\n“I don’t see this as an attempt to take the wings off of the private sector, which has been driving all the job and wealth creation in the country,” said Rothman, who was previously head of the macroeconomics and domestic policy office of the U.S. Embassy in Beijing.\nBeijing’s tightening regulations have hit a number of sectors, including micro lending and what it viewed as monopolistic practices on internet platforms.\nMuch of the scrutinyhas been around Alibaba and and its financial technology offshoot Ant Group, whose massive initial public offering was pulled by regulators. Authorities, however,recently approved Ant Group to operate a consumer finance company, a move which experts said was a positive sign for Ant.\nBut it does mean that investors need to be “really cautious about valuations,” Rothman said. He explained that it has driven him to take a more active approach to investing in China, rather than a passive exchange traded fund-based approach.\nAn active approach means picking individual stocks, as compared with passive investing as a strategy where investors buy an index that broadly tracks the market, such as exchange-traded funds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":152111264,"gmtCreate":1625275341658,"gmtModify":1703739739663,"author":{"id":"3485004700215261","authorId":"3485004700215261","name":"椰果布丁","avatar":"https://static.laohu8.com/1fdf55f4aba6abb2be0b9f883e8a7473","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3485004700215261","idStr":"3485004700215261"},"htmlText":"中概股風險極高**的一比","listText":"中概股風險極高**的一比","text":"中概股風險極高**的一比","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/152111264","repostId":1180564042,"repostType":2,"repost":{"id":"1180564042","pubTimestamp":1625217271,"share":"https://ttm.financial/m/news/1180564042?lang=&edition=fundamental","pubTime":"2021-07-02 17:14","market":"sh","language":"en","title":"China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist","url":"https://stock-news.laohu8.com/highlight/detail?id=1180564042","media":"CNBC","summary":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the differe","content":"<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 17:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03690":"美团-W","09618":"京东集团-SW","PDD":"拼多多","BABA":"阿里巴巴","00700":"腾讯控股","09988":"阿里巴巴-W","JD":"京东"},"source_url":"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180564042","content_text":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy Rothman, an investment strategist with Matthews Asia.\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\n\nChina’s recent moves to regulate its technology companies are not necessarily intended to “take the wings off” of its entrepreneurs, a strategist told CNBC on Thursday.\nWhen asked if there could be policy missteps in China’s crackdown on its tech companies, Andy Rothman, an investment strategist with Matthews Asia, explained that it reflects a different approach to regulation as compared with the West.\n“They are dealing with regulatory issues in a different way than Western governments deal. So normally, a Western government would lay out a regulatory structure in the early days of a new industry, like fintech being developed,” he told CNBC’s “Street Signs Asia.”\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\nChina’s technology companies have been largely unencumbered by regulation as they grew into some of the world’s largest corporations. That’s changed in the past year as regulators have cracked down, especially those which operate in the financial sector.\n“I don’t see this as an attempt to take the wings off of the private sector, which has been driving all the job and wealth creation in the country,” said Rothman, who was previously head of the macroeconomics and domestic policy office of the U.S. Embassy in Beijing.\nBeijing’s tightening regulations have hit a number of sectors, including micro lending and what it viewed as monopolistic practices on internet platforms.\nMuch of the scrutinyhas been around Alibaba and and its financial technology offshoot Ant Group, whose massive initial public offering was pulled by regulators. Authorities, however,recently approved Ant Group to operate a consumer finance company, a move which experts said was a positive sign for Ant.\nBut it does mean that investors need to be “really cautious about valuations,” Rothman said. He explained that it has driven him to take a more active approach to investing in China, rather than a passive exchange traded fund-based approach.\nAn active approach means picking individual stocks, as compared with passive investing as a strategy where investors buy an index that broadly tracks the market, such as exchange-traded funds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5124484,"gmtCreate":1625452529901,"gmtModify":1663230536230,"authorId":3559088164596385,"author":{"id":3559088164596385,"idStr":"3559088164596385","authorId":3559088164596385,"name":"Troedas","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":152111264,"type":1,"supId":0,"prevId":0,"content":"<u>yeah</u>","text":"<u>yeah</u>","html":"<u>yeah</u>"}],"langContent":"CN"},{"id":156290246,"gmtCreate":1625222958185,"gmtModify":1703738687128,"author":{"id":"3570678493691973","authorId":"3570678493691973","name":"SaveHK","avatar":"https://static.tigerbbs.com/89b74f5799a23844400ed6de94296d38","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3570678493691973","idStr":"3570678493691973"},"htmlText":"The country act without reasons and will burn you?","listText":"The country act without reasons and will burn you?","text":"The country act without reasons and will burn you?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156290246","repostId":1180564042,"repostType":4,"repost":{"id":"1180564042","pubTimestamp":1625217271,"share":"https://ttm.financial/m/news/1180564042?lang=&edition=fundamental","pubTime":"2021-07-02 17:14","market":"sh","language":"en","title":"China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist","url":"https://stock-news.laohu8.com/highlight/detail?id=1180564042","media":"CNBC","summary":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the differe","content":"<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 17:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03690":"美团-W","09618":"京东集团-SW","PDD":"拼多多","BABA":"阿里巴巴","00700":"腾讯控股","09988":"阿里巴巴-W","JD":"京东"},"source_url":"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180564042","content_text":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy Rothman, an investment strategist with Matthews Asia.\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\n\nChina’s recent moves to regulate its technology companies are not necessarily intended to “take the wings off” of its entrepreneurs, a strategist told CNBC on Thursday.\nWhen asked if there could be policy missteps in China’s crackdown on its tech companies, Andy Rothman, an investment strategist with Matthews Asia, explained that it reflects a different approach to regulation as compared with the West.\n“They are dealing with regulatory issues in a different way than Western governments deal. So normally, a Western government would lay out a regulatory structure in the early days of a new industry, like fintech being developed,” he told CNBC’s “Street Signs Asia.”\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\nChina’s technology companies have been largely unencumbered by regulation as they grew into some of the world’s largest corporations. That’s changed in the past year as regulators have cracked down, especially those which operate in the financial sector.\n“I don’t see this as an attempt to take the wings off of the private sector, which has been driving all the job and wealth creation in the country,” said Rothman, who was previously head of the macroeconomics and domestic policy office of the U.S. Embassy in Beijing.\nBeijing’s tightening regulations have hit a number of sectors, including micro lending and what it viewed as monopolistic practices on internet platforms.\nMuch of the scrutinyhas been around Alibaba and and its financial technology offshoot Ant Group, whose massive initial public offering was pulled by regulators. Authorities, however,recently approved Ant Group to operate a consumer finance company, a move which experts said was a positive sign for Ant.\nBut it does mean that investors need to be “really cautious about valuations,” Rothman said. He explained that it has driven him to take a more active approach to investing in China, rather than a passive exchange traded fund-based approach.\nAn active approach means picking individual stocks, as compared with passive investing as a strategy where investors buy an index that broadly tracks the market, such as exchange-traded funds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156669026,"gmtCreate":1625218561365,"gmtModify":1703738588377,"author":{"id":"3560894228634455","authorId":"3560894228634455","name":"AzuNyaa","avatar":"https://static.tigerbbs.com/e65996a02c73a885a74a5e91062fa07e","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3560894228634455","idStr":"3560894228634455"},"htmlText":"Some likes :)","listText":"Some likes :)","text":"Some likes :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156669026","repostId":1180564042,"repostType":4,"repost":{"id":"1180564042","pubTimestamp":1625217271,"share":"https://ttm.financial/m/news/1180564042?lang=&edition=fundamental","pubTime":"2021-07-02 17:14","market":"sh","language":"en","title":"China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist","url":"https://stock-news.laohu8.com/highlight/detail?id=1180564042","media":"CNBC","summary":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the differe","content":"<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 17:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03690":"美团-W","09618":"京东集团-SW","PDD":"拼多多","BABA":"阿里巴巴","00700":"腾讯控股","09988":"阿里巴巴-W","JD":"京东"},"source_url":"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180564042","content_text":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy Rothman, an investment strategist with Matthews Asia.\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\n\nChina’s recent moves to regulate its technology companies are not necessarily intended to “take the wings off” of its entrepreneurs, a strategist told CNBC on Thursday.\nWhen asked if there could be policy missteps in China’s crackdown on its tech companies, Andy Rothman, an investment strategist with Matthews Asia, explained that it reflects a different approach to regulation as compared with the West.\n“They are dealing with regulatory issues in a different way than Western governments deal. So normally, a Western government would lay out a regulatory structure in the early days of a new industry, like fintech being developed,” he told CNBC’s “Street Signs Asia.”\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\nChina’s technology companies have been largely unencumbered by regulation as they grew into some of the world’s largest corporations. That’s changed in the past year as regulators have cracked down, especially those which operate in the financial sector.\n“I don’t see this as an attempt to take the wings off of the private sector, which has been driving all the job and wealth creation in the country,” said Rothman, who was previously head of the macroeconomics and domestic policy office of the U.S. Embassy in Beijing.\nBeijing’s tightening regulations have hit a number of sectors, including micro lending and what it viewed as monopolistic practices on internet platforms.\nMuch of the scrutinyhas been around Alibaba and and its financial technology offshoot Ant Group, whose massive initial public offering was pulled by regulators. Authorities, however,recently approved Ant Group to operate a consumer finance company, a move which experts said was a positive sign for Ant.\nBut it does mean that investors need to be “really cautious about valuations,” Rothman said. He explained that it has driven him to take a more active approach to investing in China, rather than a passive exchange traded fund-based approach.\nAn active approach means picking individual stocks, as compared with passive investing as a strategy where investors buy an index that broadly tracks the market, such as exchange-traded funds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5101444,"gmtCreate":1625218745353,"gmtModify":1663230429730,"authorId":3583488205363521,"author":{"id":3583488205363521,"idStr":"3583488205363521","authorId":3583488205363521,"name":"Atlantis1920","avatar":"https://static.tigerbbs.com/744afa638bfd2f3c24cbf74206ec579c","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.20","exceedPercentage":"93.68%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156669026,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":156660707,"gmtCreate":1625218558009,"gmtModify":1703738587889,"author":{"id":"3574190598868333","authorId":"3574190598868333","name":"sinneDteo","avatar":"https://static.tigerbbs.com/120e946e020025a0f2a0ab36032d4712","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3574190598868333","idStr":"3574190598868333"},"htmlText":"Sure?","listText":"Sure?","text":"Sure?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156660707","repostId":1180564042,"repostType":4,"repost":{"id":"1180564042","pubTimestamp":1625217271,"share":"https://ttm.financial/m/news/1180564042?lang=&edition=fundamental","pubTime":"2021-07-02 17:14","market":"sh","language":"en","title":"China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist","url":"https://stock-news.laohu8.com/highlight/detail?id=1180564042","media":"CNBC","summary":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the differe","content":"<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 17:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03690":"美团-W","09618":"京东集团-SW","PDD":"拼多多","BABA":"阿里巴巴","00700":"腾讯控股","09988":"阿里巴巴-W","JD":"京东"},"source_url":"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180564042","content_text":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy Rothman, an investment strategist with Matthews Asia.\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\n\nChina’s recent moves to regulate its technology companies are not necessarily intended to “take the wings off” of its entrepreneurs, a strategist told CNBC on Thursday.\nWhen asked if there could be policy missteps in China’s crackdown on its tech companies, Andy Rothman, an investment strategist with Matthews Asia, explained that it reflects a different approach to regulation as compared with the West.\n“They are dealing with regulatory issues in a different way than Western governments deal. So normally, a Western government would lay out a regulatory structure in the early days of a new industry, like fintech being developed,” he told CNBC’s “Street Signs Asia.”\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\nChina’s technology companies have been largely unencumbered by regulation as they grew into some of the world’s largest corporations. That’s changed in the past year as regulators have cracked down, especially those which operate in the financial sector.\n“I don’t see this as an attempt to take the wings off of the private sector, which has been driving all the job and wealth creation in the country,” said Rothman, who was previously head of the macroeconomics and domestic policy office of the U.S. Embassy in Beijing.\nBeijing’s tightening regulations have hit a number of sectors, including micro lending and what it viewed as monopolistic practices on internet platforms.\nMuch of the scrutinyhas been around Alibaba and and its financial technology offshoot Ant Group, whose massive initial public offering was pulled by regulators. Authorities, however,recently approved Ant Group to operate a consumer finance company, a move which experts said was a positive sign for Ant.\nBut it does mean that investors need to be “really cautious about valuations,” Rothman said. He explained that it has driven him to take a more active approach to investing in China, rather than a passive exchange traded fund-based approach.\nAn active approach means picking individual stocks, as compared with passive investing as a strategy where investors buy an index that broadly tracks the market, such as exchange-traded funds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":156681575,"gmtCreate":1625218003897,"gmtModify":1703738576989,"author":{"id":"3574859157747023","authorId":"3574859157747023","name":"kentt0414","avatar":"https://static.tigerbbs.com/5cb38e16dbe595762bcd9e1118264f54","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574859157747023","idStr":"3574859157747023"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156681575","repostId":1180564042,"repostType":4,"repost":{"id":"1180564042","pubTimestamp":1625217271,"share":"https://ttm.financial/m/news/1180564042?lang=&edition=fundamental","pubTime":"2021-07-02 17:14","market":"sh","language":"en","title":"China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist","url":"https://stock-news.laohu8.com/highlight/detail?id=1180564042","media":"CNBC","summary":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the differe","content":"<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 17:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03690":"美团-W","09618":"京东集团-SW","PDD":"拼多多","BABA":"阿里巴巴","00700":"腾讯控股","09988":"阿里巴巴-W","JD":"京东"},"source_url":"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180564042","content_text":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy Rothman, an investment strategist with Matthews Asia.\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\n\nChina’s recent moves to regulate its technology companies are not necessarily intended to “take the wings off” of its entrepreneurs, a strategist told CNBC on Thursday.\nWhen asked if there could be policy missteps in China’s crackdown on its tech companies, Andy Rothman, an investment strategist with Matthews Asia, explained that it reflects a different approach to regulation as compared with the West.\n“They are dealing with regulatory issues in a different way than Western governments deal. So normally, a Western government would lay out a regulatory structure in the early days of a new industry, like fintech being developed,” he told CNBC’s “Street Signs Asia.”\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\nChina’s technology companies have been largely unencumbered by regulation as they grew into some of the world’s largest corporations. That’s changed in the past year as regulators have cracked down, especially those which operate in the financial sector.\n“I don’t see this as an attempt to take the wings off of the private sector, which has been driving all the job and wealth creation in the country,” said Rothman, who was previously head of the macroeconomics and domestic policy office of the U.S. Embassy in Beijing.\nBeijing’s tightening regulations have hit a number of sectors, including micro lending and what it viewed as monopolistic practices on internet platforms.\nMuch of the scrutinyhas been around Alibaba and and its financial technology offshoot Ant Group, whose massive initial public offering was pulled by regulators. Authorities, however,recently approved Ant Group to operate a consumer finance company, a move which experts said was a positive sign for Ant.\nBut it does mean that investors need to be “really cautious about valuations,” Rothman said. He explained that it has driven him to take a more active approach to investing in China, rather than a passive exchange traded fund-based approach.\nAn active approach means picking individual stocks, as compared with passive investing as a strategy where investors buy an index that broadly tracks the market, such as exchange-traded funds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5101386,"gmtCreate":1625218183340,"gmtModify":1663230428230,"authorId":3555061249400044,"author":{"id":3555061249400044,"idStr":"3555061249400044","authorId":3555061249400044,"name":"vianau","avatar":"https://static.tigerbbs.com/ad4c73f3c13674601a299ceb1ea53309","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156681575,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":156615017,"gmtCreate":1625217512539,"gmtModify":1703738566570,"author":{"id":"3571726284384376","authorId":"3571726284384376","name":"TingZZ","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3571726284384376","idStr":"3571726284384376"},"htmlText":"Pls like n comment. Thanks","listText":"Pls like n comment. Thanks","text":"Pls like n comment. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/156615017","repostId":1180564042,"repostType":4,"repost":{"id":"1180564042","pubTimestamp":1625217271,"share":"https://ttm.financial/m/news/1180564042?lang=&edition=fundamental","pubTime":"2021-07-02 17:14","market":"sh","language":"en","title":"China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist","url":"https://stock-news.laohu8.com/highlight/detail?id=1180564042","media":"CNBC","summary":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the differe","content":"<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 17:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03690":"美团-W","09618":"京东集团-SW","PDD":"拼多多","BABA":"阿里巴巴","00700":"腾讯控股","09988":"阿里巴巴-W","JD":"京东"},"source_url":"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180564042","content_text":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy Rothman, an investment strategist with Matthews Asia.\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\n\nChina’s recent moves to regulate its technology companies are not necessarily intended to “take the wings off” of its entrepreneurs, a strategist told CNBC on Thursday.\nWhen asked if there could be policy missteps in China’s crackdown on its tech companies, Andy Rothman, an investment strategist with Matthews Asia, explained that it reflects a different approach to regulation as compared with the West.\n“They are dealing with regulatory issues in a different way than Western governments deal. So normally, a Western government would lay out a regulatory structure in the early days of a new industry, like fintech being developed,” he told CNBC’s “Street Signs Asia.”\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\nChina’s technology companies have been largely unencumbered by regulation as they grew into some of the world’s largest corporations. That’s changed in the past year as regulators have cracked down, especially those which operate in the financial sector.\n“I don’t see this as an attempt to take the wings off of the private sector, which has been driving all the job and wealth creation in the country,” said Rothman, who was previously head of the macroeconomics and domestic policy office of the U.S. Embassy in Beijing.\nBeijing’s tightening regulations have hit a number of sectors, including micro lending and what it viewed as monopolistic practices on internet platforms.\nMuch of the scrutinyhas been around Alibaba and and its financial technology offshoot Ant Group, whose massive initial public offering was pulled by regulators. Authorities, however,recently approved Ant Group to operate a consumer finance company, a move which experts said was a positive sign for Ant.\nBut it does mean that investors need to be “really cautious about valuations,” Rothman said. He explained that it has driven him to take a more active approach to investing in China, rather than a passive exchange traded fund-based approach.\nAn active approach means picking individual stocks, as compared with passive investing as a strategy where investors buy an index that broadly tracks the market, such as exchange-traded funds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5101665,"gmtCreate":1625220880438,"gmtModify":1663230431638,"authorId":3582021842674964,"author":{"id":3582021842674964,"idStr":"3582021842674964","authorId":3582021842674964,"name":"Greenbull18","avatar":"https://static.tigerbbs.com/576bc95bff9dffadad04639941613d8e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156615017,"type":1,"supId":0,"prevId":0,"content":"[Smile]","text":"[Smile]","html":"[Smile]"},{"id":5101323,"gmtCreate":1625217586451,"gmtModify":1635238951962,"authorId":3581398526699928,"author":{"id":3581398526699928,"idStr":"3581398526699928","authorId":3581398526699928,"name":"RyanShine","avatar":"https://static.tigerbbs.com/ab6ad9c024117b0db0977b900d76b265","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156615017,"type":1,"supId":0,"prevId":0,"content":"A good speech","text":"A good speech","html":"A good speech"}],"langContent":"EN"},{"id":156612753,"gmtCreate":1625217512072,"gmtModify":1703738566246,"author":{"id":"3577372355311987","authorId":"3577372355311987","name":"VicK","avatar":"https://static.tigerbbs.com/720d732ce6be826c546f8a59fb62feb8","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3577372355311987","idStr":"3577372355311987"},"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156612753","repostId":1180564042,"repostType":4,"repost":{"id":"1180564042","pubTimestamp":1625217271,"share":"https://ttm.financial/m/news/1180564042?lang=&edition=fundamental","pubTime":"2021-07-02 17:14","market":"sh","language":"en","title":"China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist","url":"https://stock-news.laohu8.com/highlight/detail?id=1180564042","media":"CNBC","summary":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the differe","content":"<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 17:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03690":"美团-W","09618":"京东集团-SW","PDD":"拼多多","BABA":"阿里巴巴","00700":"腾讯控股","09988":"阿里巴巴-W","JD":"京东"},"source_url":"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180564042","content_text":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy Rothman, an investment strategist with Matthews Asia.\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\n\nChina’s recent moves to regulate its technology companies are not necessarily intended to “take the wings off” of its entrepreneurs, a strategist told CNBC on Thursday.\nWhen asked if there could be policy missteps in China’s crackdown on its tech companies, Andy Rothman, an investment strategist with Matthews Asia, explained that it reflects a different approach to regulation as compared with the West.\n“They are dealing with regulatory issues in a different way than Western governments deal. So normally, a Western government would lay out a regulatory structure in the early days of a new industry, like fintech being developed,” he told CNBC’s “Street Signs Asia.”\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\nChina’s technology companies have been largely unencumbered by regulation as they grew into some of the world’s largest corporations. That’s changed in the past year as regulators have cracked down, especially those which operate in the financial sector.\n“I don’t see this as an attempt to take the wings off of the private sector, which has been driving all the job and wealth creation in the country,” said Rothman, who was previously head of the macroeconomics and domestic policy office of the U.S. Embassy in Beijing.\nBeijing’s tightening regulations have hit a number of sectors, including micro lending and what it viewed as monopolistic practices on internet platforms.\nMuch of the scrutinyhas been around Alibaba and and its financial technology offshoot Ant Group, whose massive initial public offering was pulled by regulators. Authorities, however,recently approved Ant Group to operate a consumer finance company, a move which experts said was a positive sign for Ant.\nBut it does mean that investors need to be “really cautious about valuations,” Rothman said. He explained that it has driven him to take a more active approach to investing in China, rather than a passive exchange traded fund-based approach.\nAn active approach means picking individual stocks, as compared with passive investing as a strategy where investors buy an index that broadly tracks the market, such as exchange-traded funds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5101324,"gmtCreate":1625217592355,"gmtModify":1663230432638,"authorId":3582226472907626,"author":{"id":3582226472907626,"idStr":"3582226472907626","authorId":3582226472907626,"name":"xemrunx","avatar":"https://static.tigerbbs.com/583e20a7b5e43659d8c6d8defff45140","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.06.10","exceedPercentage":"93.41%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156612753,"type":1,"supId":0,"prevId":0,"content":"What do you expect? You have to toe the line.","text":"What do you expect? You have to toe the line.","html":"What do you expect? You have to toe the line."}],"langContent":"EN"},{"id":156612165,"gmtCreate":1625217473757,"gmtModify":1703738565270,"author":{"id":"3580932551134778","authorId":"3580932551134778","name":"SteveGoh","avatar":"https://community-static.tradeup.com/news/11095a7766734a010cae2953dbc20e3e","vip":1,"crmLevel":1,"crmLevelSwitch":1,"authorIdStr":"3580932551134778","idStr":"3580932551134778"},"htmlText":"Like and comment please&nbsp;","listText":"Like and comment please&nbsp;","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156612165","repostId":1180564042,"repostType":4,"repost":{"id":"1180564042","pubTimestamp":1625217271,"share":"https://ttm.financial/m/news/1180564042?lang=&edition=fundamental","pubTime":"2021-07-02 17:14","market":"sh","language":"en","title":"China’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist","url":"https://stock-news.laohu8.com/highlight/detail?id=1180564042","media":"CNBC","summary":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the differe","content":"<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s crackdown on its tech giants isn’t a move to ‘take the wings off’ its entrepreneurs, says strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 17:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03690":"美团-W","09618":"京东集团-SW","PDD":"拼多多","BABA":"阿里巴巴","00700":"腾讯控股","09988":"阿里巴巴-W","JD":"京东"},"source_url":"https://www.cnbc.com/2021/07/02/strategist-on-chinas-regulation-of-its-tech-giants-fintech.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1180564042","content_text":"KEY POINTS\n\nChina’s recent moves to regulate its technology companies is a reflection of the difference in the way the Asian giant deals with regulatory issues as opposed to the West, says Andy Rothman, an investment strategist with Matthews Asia.\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\n\nChina’s recent moves to regulate its technology companies are not necessarily intended to “take the wings off” of its entrepreneurs, a strategist told CNBC on Thursday.\nWhen asked if there could be policy missteps in China’s crackdown on its tech companies, Andy Rothman, an investment strategist with Matthews Asia, explained that it reflects a different approach to regulation as compared with the West.\n“They are dealing with regulatory issues in a different way than Western governments deal. So normally, a Western government would lay out a regulatory structure in the early days of a new industry, like fintech being developed,” he told CNBC’s “Street Signs Asia.”\n“The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we’ll step in there after we see how it works and decide how to regulate it,” said Rothman. “And I think that’s what they’re doing now.”\nChina’s technology companies have been largely unencumbered by regulation as they grew into some of the world’s largest corporations. That’s changed in the past year as regulators have cracked down, especially those which operate in the financial sector.\n“I don’t see this as an attempt to take the wings off of the private sector, which has been driving all the job and wealth creation in the country,” said Rothman, who was previously head of the macroeconomics and domestic policy office of the U.S. Embassy in Beijing.\nBeijing’s tightening regulations have hit a number of sectors, including micro lending and what it viewed as monopolistic practices on internet platforms.\nMuch of the scrutinyhas been around Alibaba and and its financial technology offshoot Ant Group, whose massive initial public offering was pulled by regulators. Authorities, however,recently approved Ant Group to operate a consumer finance company, a move which experts said was a positive sign for Ant.\nBut it does mean that investors need to be “really cautious about valuations,” Rothman said. He explained that it has driven him to take a more active approach to investing in China, rather than a passive exchange traded fund-based approach.\nAn active approach means picking individual stocks, as compared with passive investing as a strategy where investors buy an index that broadly tracks the market, such as exchange-traded funds.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5101315,"gmtCreate":1625217493223,"gmtModify":1663230428939,"authorId":3577372355311987,"author":{"id":3577372355311987,"idStr":"3577372355311987","authorId":3577372355311987,"name":"VicK","avatar":"https://static.tigerbbs.com/720d732ce6be826c546f8a59fb62feb8","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":156612165,"type":1,"supId":0,"prevId":0,"content":"Hmm","text":"Hmm","html":"Hmm"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":45,"commentSize":10,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}