A trader works during the IPO for Chinese ride-hailing company Didi Chuxing on the New York Stock Exchange floor on June 30. Photo: Reuters A trader works during the IPO for Chinese ride-hailing company Didi Chuxing on the New York Stock Exchange floor on June 30. Photo: Reuters
A trader works during the IPO for Chinese ride-hailing company Didi Chuxing on the New York Stock Exchange floor on June 30. Photo: Reuters
Richard Harris
Opinion

Opinion

The View by Richard Harris

US, China assaults on Big Tech add fear and risk for global investors

  • The increased scrutiny of ride-hailing service Didi Chuxing is just the latest tale in a global movement to avert and break up monopolies
  • Monopolies being broken up are not always bad news for investors, but the actions taken by governments suggest scant regard for the rights of shareholders

A trader works during the IPO for Chinese ride-hailing company Didi Chuxing on the New York Stock Exchange floor on June 30. Photo: Reuters A trader works during the IPO for Chinese ride-hailing company Didi Chuxing on the New York Stock Exchange floor on June 30. Photo: Reuters
A trader works during the IPO for Chinese ride-hailing company Didi Chuxing on the New York Stock Exchange floor on June 30. Photo: Reuters
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Richard Harris

Richard Harris

Richard has pioneered Asian investment management at senior levels for companies such as JP Morgan, Citi, BNY Mellon and several start-ups. He has 40 years of experience in a full range of investment and capital markets activities. He is CEO of Port Shelter Investment Management.