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Home CHINA TECHNOLOGY NEWS

Investing in Chinese tech stocks based on state media reports can be like reading tea leaves, and just as risky

by 198 China News
August 16, 2021
in CHINA TECHNOLOGY NEWS
1 min read
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China’s state-backed newspapers and publications are garnering curiosity from an unintended group of followers: buyers in China’s tech shares.A information story operating on an inside web page of a Chinese language newspaper might result in billions of {dollars} value of market worth being erased in mere minutes. And an opinion piece penned by a researcher might result in wild swings in inventory costs from Hong Kong to New York, although no listed firm is immediately talked about.The sudden surge in affect amongst state…

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