China wants its tech companies to flourish rather than flounder as market mistakes create value, JPMorgan fund says

Source: South China Morning PostInvestors are making a mistake by taking a short-term view of the political and regulatory risks in Chinese stocks, given the lessons from the US-China trade and tech war, according to a top regional tech money manager at JPMorgan Asset Management.Those risks, amplified by tightening antitrust regulation of internet-platform operators and the tobacco industry, have contributed to a US$240 billion erosion in market value this year as the Hang Seng Tech Index and US-listed Chinese peers slumped…Read More

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