China’s crackdown on Big Tech firms isn’t scaring away bond investors

//China’s crackdown on Big Tech firms isn’t scaring away bond investors

China’s crackdown on Big Tech firms isn’t scaring away bond investors

China’s recent bid to crack down on Big Tech sent firms such as Didi, Meituan, New Oriental Education, Pinduoduo and Tencent into a tailspin. Equity market prices plunged and adverse commentary emerged in the Western media.Do these events foretell doom for foreign investors in China? Do these changes have negative implications for Chinese equities in general? How about the corresponding bond markets? Were they also sending out similar signals?The issue is more complex than many Western…

Article by [author-name] (c) Big Tech - South China Morning Post - Read full story here.

By | 2021-09-09T23:00:26+00:00 September 9th, 2021|Technology|Comments Off on China’s crackdown on Big Tech firms isn’t scaring away bond investors