China Tech Crash 2021 - Some of the biggest tech stocks in China, including Tencent, Alibaba, Baidu, and Meituan have tumbled in the Hong Kong and U.S. markets since their February highs amid the Chinese government's regulatory crackdowns.
With major funds dumping the shares, Tencent Holdings had its biggest drop in nearly a decade, while Alibaba slipped below its November 2019 Hong Kong IPO price of HK$176. In fact, all but two of the 30 tech constituents declined.
Here in this video, we discuss the impact of China's tech shakeup, the future of Chinese tech companies moving forward, as well as possible opportunities to look out for....