Is rising regulatory risk in China’s Big Tech sector driving the smart money to Singapore and India?

//Is rising regulatory risk in China’s Big Tech sector driving the smart money to Singapore and India?

Is rising regulatory risk in China’s Big Tech sector driving the smart money to Singapore and India?

Sea, the Singapore-based tech company created by China-born entrepreneur Forrest Li in 2009, has enjoyed a stellar 2021.The company’s stock has jumped 70 per cent in New York, buoyed by strong revenue at e-commerce service Shopee and hit game Free Fire, making its 43-year-old founder the richest person in the Southeast Asian city state.Sea, often compared to Alibaba Group Holding and Tencent Holdings rolled into one because of its e-commerce and gaming portfolios, is now venturing into new…

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

By | 2021-09-26T01:00:21+00:00 September 26th, 2021|Headlines|Comments Off on Is rising regulatory risk in China’s Big Tech sector driving the smart money to Singapore and India?