A trader works on the floor of the New York Stock Exchange on July 28, 2021. Photo: Reuters A trader works on the floor of the New York Stock Exchange on July 28, 2021. Photo: Reuters
A trader works on the floor of the New York Stock Exchange on July 28, 2021. Photo: Reuters
Alibaba

The lone bear on Alibaba and Tencent says Chinese tech stocks’ rout to persist until China can enunciate end of crackdown

  • For the sector to hit bottom and potentially recover, the government needs to restore the trust among global investors, Muhl at DZ Bank says
  • China remains ‘a classic stock picker’s market,’ says Capital Group, which manages about US$2.6 trillion of assets

Topic |   Alibaba
A trader works on the floor of the New York Stock Exchange on July 28, 2021. Photo: Reuters A trader works on the floor of the New York Stock Exchange on July 28, 2021. Photo: Reuters
A trader works on the floor of the New York Stock Exchange on July 28, 2021. Photo: Reuters
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