Volunteers pose for a picture during the Covid-19 lockdown in Shanghai, on May 5, 2022. The city’s reopening should help internet, car and consumer stocks outperform in the near term, according to Julius Baer. Photo: EPA-EFE
Volunteers pose for a picture during the Covid-19 lockdown in Shanghai, on May 5, 2022. The city’s reopening should help internet, car and consumer stocks outperform in the near term, according to Julius Baer. Photo: EPA-EFE

Chinese tech stocks are either a good buy or a trap in market slump, investors say

  • A 38 per cent rebound in Chinese tech stocks in Hong Kong and New York is spicing up the market after a year-long regulatory crackdown
  • Investors and analysts are challenged by regulatory unknowns and zero-Covid policy in gauging the market outlook

Volunteers pose for a picture during the Covid-19 lockdown in Shanghai, on May 5, 2022. The city’s reopening should help internet, car and consumer stocks outperform in the near term, according to Julius Baer. Photo: EPA-EFE
Volunteers pose for a picture during the Covid-19 lockdown in Shanghai, on May 5, 2022. The city’s reopening should help internet, car and consumer stocks outperform in the near term, according to Julius Baer. Photo: EPA-EFE
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