But in the months since then the scope of the regulatory crackdown has grown ever wider. China’s two internet giants, Alibaba and Tencent, are being worked over by the antitrust authorities. Earlier this month Didi Global, a ride-hailing service, was caught in the net just days after it listed in New York. And in the past week the education-technology industry has become a target.
China’s preferences now seem clear. It wishes to see capital raised on its own exchanges, within its purview and on the terms that it dictates. The effects of this on financial markets are likely to linger. China itself may be the biggest loser. And the clampdown will indeed harm Chinese tech. Investors who piled in during recent years have this week been pummelled in public markets. Private American capital is also tied up in Chinese startups. The value in those ventures is now, in effect, frozen. The route to anfor a young Chinese firm—the reliable way for venture capitalists to get their money back—now borders on perilous.
TREAT YOURSELF TO A MAJOR FOODGASM THIS WEEKEND WITH THIS SENSUAL CHOCOLATE DESSERT! Click the LINK BELOW for full recipe Weekend YouTuber SmallYouTuber YouTube foodgasm foodie
this is terrible news
Why so much spam followers for this account.
I'm happy to join those who are sharing the good news about lisa . I'm not persuading anyone to trade with her but i advise every investor to make the right choice with lisaCammpbell i got my withdrawal safely without any interruption.
I AM DESPERATELY BEGGING FOR HELP AT THIS POINT!!!! I am a single father of a disabled toddler, We are about to lose what little we do have we need to get caught up on expenses and replace our car ASAP God Bless you all!!!
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »