Chinese Tech Stocks Have Been Erratic Lately. Here's What's Going On
If you've been keeping tabs on Chinese technology stocks over the past few months you've probably noticed something startling: Many of them have crashed spectacularly. Hundreds of billions of dollars of market value have been erased in just a matter of weeks.
That's left many investors wondering, "What exactly is going on with Chinese stocks?" To help answer that, I want to take a look at four Chinese tech stocks -- New Oriental Education & Technology (NYSE: EDU), Alibaba (NYSE: BABA), DiDi Global (NYSE: DIDI), and Tencent Holdings (OTC: TCEHY) -- and how new regulations from the Chinese government have thrown these companies into a tizzy over the past few months.
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