Most of China tech stocks fell, while JPMorgan says they are in a ‘good buying spot’
Most of China tech stocks fell in premarket trading, while JPMorgan says China tech stocks are in a ‘good buying spot’ despite regulatory crackdown.JPMorgan Asset Management is bullish on Chinese technology stocks even though regulators are cracking down on internet giants in the mainland.Howard Wang, head of Greater China equities at JPMorgan Asset Management, said the regulatory clampdown poses uncertainties in the near term. But in the longer term, Chinese tech companies still have the pote