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Top 5 China Tech Stocks to Buy – for Singapore Investors (2021)
By Financial Horse  •  July 10, 2021
Aaaaand… the China tech stock sell-off continues. What started out as a clampdown on Didi’s IPO, has evolved into a broader clampdown on China tech companies listing overseas. Triggering a broader sell-off across China Tech stock. Is this a buying opportunity? Which counters to buy? Let’s find out. BTW – we share commentary on financial markets every week, so do sign up for our mailing list, its absolutely free (goes out every Sunday). Don’t forget to join our Telegram Channel and Instagram  or (YouTube)! Basics: Why is China clamping down on Tech stocks? Timeline of what’s happened so far: Wed 30 June – Didi IPO-ed in US, closing up 1%Friday 2 July – China’s cyberspace agency (CAC) launches an investigation into Didi, citing concerns over storage of user data. Shares fall more than 10% intradaySunday 4 July – CAC orders that Didi be removed from Chinese App storesMonday 5...
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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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