Common characteristics of the September financial quarter performance of China Concept Shares 2: Slow down the pace of investment
The major feature of Chinese funded technology enterprises is that they hold a large amount of investment and are important investors in venture capital and start-up projects.
The cash and investment assets of $PDD Holdings (PDD.US)$ , $NetEase (NTES.US)$ , $Baidu (BIDU.US)$ , $Tencent (TCEHY.US)$ and $Meituan ADR (MPNGY.US)$ accounted for more than 64% of the total assets;
$Alibaba (BABA.US)$ and $JD.com (JD.US)$ have not reached 60%, but they have also reached about 50%;
In contrast, the proportion of cash and investment of American Internet giants is between 27% and 48%.
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whqqq : Does slowing down investment mean less risk?
海纳百川 whqqq : No, it means a crisis in the market
whqqq 海纳百川 : What's the bad news?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")