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 potential to grow, he said.
Without naming specific stocks, Wang said he likes large tech companies given their beaten down valuation and potential for earnings to grow. From our standpoint as investors, it's kinda really just hunkering down, looking at the fundamentals, making sure your companies aren't doing anything that will be construed as unfair market practice...Wang said Chinese tech firms could still face a bumpy road in the next few months as the regulatory clampdown continues. But the crackdown has so far been "rational," he added.
hahahahahahahahahah. Really?
These stocks will be banned in US.
🤣
Short signal.
thanks
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