{"id":39144,"date":"2022-03-15T02:23:41","date_gmt":"2022-03-15T02:23:41","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=39144"},"modified":"2022-03-15T02:23:41","modified_gmt":"2022-03-15T02:23:41","slug":"china-tech-rout-hong-kong-market-sinks-after-jpmorgan-calls-stocks-uninvestable-as-global-funds-prepare-to-flee-crisis","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=39144","title":{"rendered":"China tech rout: Hong Kong market sinks after JPMorgan calls stocks \u2018uninvestable\u2019 as global funds prepare to flee crisis"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostChinese tech stock rout deepened, slashing billions of dollars from the likes of Alibaba Group Holding and Tencent Holdings in Hong Kong, on heightened concerns about an industry crackdown, Covid-19 outbreaks, and China\u2019s position on the Ukraine conflict.Losses spiralled after JPMorgan Chase downgraded 28 Chinese internet stocks including Alibaba, Tencent Holdings and Meituan to underweight, calling them \u201cuninvestable\u201d over the next six to 12 months due to rising geopolitical and macro risks,\u2026<a href=\"https:\/\/www.scmp.com\/business\/markets\/article\/3170474\/china-tech-rout-hong-kong-market-sinks-after-jpmorgan-calls-stocks?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostChinese tech stock rout deepened, slashing billions of dollars from the likes of Alibaba Group Holding and Tencent Holdings in Hong Kong, on heightened&hellip; <\/p>\n","protected":false},"author":0,"featured_media":39145,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/39144"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39144"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/39144\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/39145"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39144"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}