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China Tech Crackdown Update – Too early to buy the dip?
By Financial Horse  •  July 31, 2021
What a week! It felt like March 2020 again – but for China Tech stocks only. I shared my views on the China Tech Crackdown on Monday, and I received amazing comments from all of you. Whether it was on Facebook, email or the comments section, I’ve read through every single one of them – and I wanted to share updated thoughts in this post. Lots to cover, lets go. BTW – We just launched a national day promo for FH Investing Courses. Want to learn how to invest seriously? Check it out here! China Tech Crackdown Update: What happened the past week Update from the past week: Monday – Rumours leak that Tencent is next in line to be regulated (to open up their WeChat ecosystem). Tuesday – Tencent announces they are suspending user registration on WeChat “to align with relevant laws”. Tencent closes down 10%, as do most other Chinese tech stocks. Regulators announce they are also looking into Property Management Companies, to bring down house prices....
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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