Woogy
2021-05-11
My poor Baidu losing so much saddd
Most of China tech stocks fell, while JPMorgan says they are in a ‘good buying spot’
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But in the longer term, Chinese tech companies still have the pote","content":"<p>(May 11) Most of China tech stocks fell in premarket trading, while JPMorgan says China tech stocks are in a ‘good buying spot’ despite regulatory crackdown.</p><p><img src=\"https://static.tigerbbs.com/97a40b7ee46915478e2ef1c55a88be49\" tg-width=\"313\" tg-height=\"572\" referrerpolicy=\"no-referrer\">JPMorgan Asset Management is bullish on Chinese technology stocks even though regulators are cracking down on internet giants in the mainland.</p><p>Shares of major Chinese tech companies such asAlibaba,JD.comandMeituanhave tumbled this year as Beijing moved torein in monopolistic behavioramong internet giants.</p><p>Howard Wang, head of Greater China equities at JPMorgan Asset Management, said the regulatory clampdown poses uncertainties in the near term. But in the longer term, Chinese tech companies still have the potential to grow, he said.</p><p>“If we look at these fundamentals, and you stretch over a longer period of time, I think we’re actually in a pretty good buying spot,” Wang told CNBC’s“Street Signs Asia”on Tuesday.</p><p>Wang said price declines in Chinese tech shares — due to the regulatory risks or investors rotating out of growth stocks — appear overdone. That has resulted in “pretty decent value” in some Chinese tech stocks, he added.</p><p>Without naming specific stocks, Wang said he likes large tech companies given their beaten down valuation and potential for earnings to grow.</p><p>Shares of tech giant Alibaba in Hong Kong fell around 7.48% this year as of Monday’s close. E-commerce companies JD.com and Meituan have dropped around 16% and 10.8%, respectively.</p><blockquote>From our standpoint as investors, it’s kinda really just hunkering down, looking at the fundamentals, making sure your companies aren’t doing anything that will be construed as unfair market practice...Howard WangHEAD OF GREATER CHINA EQUITIES, JPMORGAN ASSET MANAGEMENT</blockquote><p>Wang said Chinese tech firms could still face a bumpy road in the next few months as the regulatory clampdown continues. But the crackdown has so far been “rational,” he added.</p><p>“From our standpoint as investors, it’s kinda really just hunkering down, looking at the fundamentals, making sure your companies aren’t doing anything that will be construed as unfair market practice — at least not currently,” said Wang.</p><p>“I think when we take that into context ... it actually looks like a decent environment to be investing in these stocks. Tough over the next few weeks, but overall these are the kinds of investments that you’d want to make in China,” he added.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Most of China tech stocks fell, while JPMorgan says they are in a ‘good buying spot’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMost of China tech stocks fell, while JPMorgan says they are in a ‘good buying spot’\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-11 17:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 11) Most of China tech stocks fell in premarket trading, while JPMorgan says China tech stocks are in a ‘good buying spot’ despite regulatory crackdown.</p><p><img src=\"https://static.tigerbbs.com/97a40b7ee46915478e2ef1c55a88be49\" tg-width=\"313\" tg-height=\"572\" referrerpolicy=\"no-referrer\">JPMorgan Asset Management is bullish on Chinese technology stocks even though regulators are cracking down on internet giants in the mainland.</p><p>Shares of major Chinese tech companies such asAlibaba,JD.comandMeituanhave tumbled this year as Beijing moved torein in monopolistic behavioramong internet giants.</p><p>Howard Wang, head of Greater China equities at JPMorgan Asset Management, said the regulatory clampdown poses uncertainties in the near term. But in the longer term, Chinese tech companies still have the potential to grow, he said.</p><p>“If we look at these fundamentals, and you stretch over a longer period of time, I think we’re actually in a pretty good buying spot,” Wang told CNBC’s“Street Signs Asia”on Tuesday.</p><p>Wang said price declines in Chinese tech shares — due to the regulatory risks or investors rotating out of growth stocks — appear overdone. That has resulted in “pretty decent value” in some Chinese tech stocks, he added.</p><p>Without naming specific stocks, Wang said he likes large tech companies given their beaten down valuation and potential for earnings to grow.</p><p>Shares of tech giant Alibaba in Hong Kong fell around 7.48% this year as of Monday’s close. E-commerce companies JD.com and Meituan have dropped around 16% and 10.8%, respectively.</p><blockquote>From our standpoint as investors, it’s kinda really just hunkering down, looking at the fundamentals, making sure your companies aren’t doing anything that will be construed as unfair market practice...Howard WangHEAD OF GREATER CHINA EQUITIES, JPMORGAN ASSET MANAGEMENT</blockquote><p>Wang said Chinese tech firms could still face a bumpy road in the next few months as the regulatory clampdown continues. But the crackdown has so far been “rational,” he added.</p><p>“From our standpoint as investors, it’s kinda really just hunkering down, looking at the fundamentals, making sure your companies aren’t doing anything that will be construed as unfair market practice — at least not currently,” said Wang.</p><p>“I think when we take that into context ... it actually looks like a decent environment to be investing in these stocks. Tough over the next few weeks, but overall these are the kinds of investments that you’d want to make in China,” he added.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169122046","content_text":"(May 11) Most of China tech stocks fell in premarket trading, while JPMorgan says China tech stocks are in a ‘good buying spot’ despite regulatory crackdown.JPMorgan Asset Management is bullish on Chinese technology stocks even though regulators are cracking down on internet giants in the mainland.Shares of major Chinese tech companies such asAlibaba,JD.comandMeituanhave tumbled this year as Beijing moved torein in monopolistic behavioramong internet giants.Howard Wang, head of Greater China equities at JPMorgan Asset Management, said the regulatory clampdown poses uncertainties in the near term. But in the longer term, Chinese tech companies still have the potential to grow, he said.“If we look at these fundamentals, and you stretch over a longer period of time, I think we’re actually in a pretty good buying spot,” Wang told CNBC’s“Street Signs Asia”on Tuesday.Wang said price declines in Chinese tech shares — due to the regulatory risks or investors rotating out of growth stocks — appear overdone. That has resulted in “pretty decent value” in some Chinese tech stocks, he added.Without naming specific stocks, Wang said he likes large tech companies given their beaten down valuation and potential for earnings to grow.Shares of tech giant Alibaba in Hong Kong fell around 7.48% this year as of Monday’s close. E-commerce companies JD.com and Meituan have dropped around 16% and 10.8%, respectively.From our standpoint as investors, it’s kinda really just hunkering down, looking at the fundamentals, making sure your companies aren’t doing anything that will be construed as unfair market practice...Howard WangHEAD OF GREATER CHINA EQUITIES, JPMORGAN ASSET MANAGEMENTWang said Chinese tech firms could still face a bumpy road in the next few months as the regulatory clampdown continues. But the crackdown has so far been “rational,” he added.“From our standpoint as investors, it’s kinda really just hunkering down, looking at the fundamentals, making sure your companies aren’t doing anything that will be construed as unfair market practice — at least not currently,” said Wang.“I think when we take that into context ... it actually looks like a decent environment to be investing in these stocks. 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