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;
In contrast, the proportion of cash and investment of American Internet giants is between 27% and 48%.
![Common characteristics of the September financial quarter performance of China Concept Shares 2: Slow down the pace of investment](https://ussnsimg.moomoo.com/feed_image/103055095/7c6f24d3506331fc81826b4741e118d7.png/bigmoo)
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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 [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)