Over the last year, Chinese equities have been battered after the Chinese government, directed by the Chinese Communist Party (CCP), stepped up regulatory interventions across the technology sector and wealthy individuals. These actions have sent the share prices of the most beloved Chinese tech companies crashing. The first such move came in November 2020 when Alibaba was blocked from listing its fintech arm, Ant Group. Following on that, in July this year, the Cyberspace Administration suspended ride hailing app Didi for violating data security regulations – only days after the company listed on the New York Stock Exchange. Investors who bought into Didi at the IPO have lost about 50% of their investment since then…to view the full article, please click here.
China – An opportunity among growing uncertainty?
