Business Maverick: JPMorgan’s China fund ramps up bets on tech as ‘worst over’

JPMorgan Asset Management is doubling down on China tech stocks after enduring a tumultuous selloff, betting that a wind-down of regulatory crackdowns and attractive valuations will pay off big.

“A clearer and more defined regulatory framework around these Internet businesses is a definite positive,” Jiang said in an interview in Hong Kong this week. “The worst is over.” “Growth strategies have experienced a difficult period,” said Jiang. “But the regulatory headwinds and tightening could be a blessing in disguise for a lot of these Internet companies. I think this helped investors to identify and appreciate their real values.”

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Business Maverick: Bitcoin tumble sends Thai tech stock from first to last in worldJasmine Technology's bad bet on Bitcoin mining has bombed after a cryptocurrency rout sparked a near-80% collapse in the stock since an April peak, lopping about $10-billion off its market value.  There is know greater joy than having financial freedom and a life free of debts,that’s why l keep posting comments about Brian_Meadors0 who guided me trading online
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »