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Shares of Chinese semiconductor companies, electric-vehicle manufacturers and solar-panel makers listed in mainland China climbed over the past month while shares ofThe Shanghai and Shenzhen stock markets haven’t been immune to the effects of Beijing’s regulatory clampdown on private-sector companies, but they have performed significantly better than Chinese stocks listed on exchanges in the U.S. and Hong Kong.
An MSCI index that tracks onshore China A-shares has fallen 3.2% since the start of July, compared with a 12% decline for the broader MSCI China index, heavily influenced by Tencent Holdings Ltd. , Alibaba Group Holding Ltd. , Meituan and other offshore-listed Internet-technology companies. The outperformers over that period have been domestic Chinese indexes for new-energy stocks, semiconductor makers and electric-vehicle companies, up 4% to 18% since the beginning of July—adding to gains in recent months.
WSJ - Instead of protecting investor's money you are suggesting investors invest in a Communist state. Why you are doing that? Are you not aware of Communist ideology? Are you not aware of CCP? A communist state can't be a capitalist state. PLEASE DO NOT FOOL INVESTORS.✍️
Maybe those are the industries Xi Jinping likes, but has he ever looked at the revenue numbers for AWS? Or maybe he has looked at those revenue numbers and decided that non-governmental organizations shouldn’t be making that kind of money.
Money flowing into the real economy ... good 👍
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Source: politico - 🏆 381. / 59 Read more »