Why You Should Buy Sea Limited Amid the Chinese Tech Crash
Chinese technology stocks have been cratering in recent days, as the Chinese government has been cracking down on major tech juggernauts within the Middle Kingdom. In addition to strengthening regulations around data security, the government in Beijing has also imposed new rules on the private tutoring sector, leading to gut-wrenching declines for those companies.
The moves underscore the broader risk that all Chinese companies face: Fortunes can shift rapidly based on the Chinese government, which exerts incredible control over China's economy. However, one company is being wrongly grouped in with Chinese tech stocks: Sea Limited (NYSE: SE).
Image source: Sea.
Source Fool.com
