Some investors in Chinese tech stocks are scouring state media reports for insight into what Beijing might do next. Photo: AP
Some investors in Chinese tech stocks are scouring state media reports for insight into what Beijing might do next. Photo: AP
Zhou Xin
Opinion

Opinion

Zhou Xin

Investing in Chinese tech stocks based on state media reports can be like reading tea leaves, and just as risky

  • Stockholders are turning to Beijing-based newspapers with party affiliations to discern what market-disrupting moves may come next
  • It would be wrong to completely ignore or disregard such reports, but it is also unwise to take every bit of information in them as the official stance

Some investors in Chinese tech stocks are scouring state media reports for insight into what Beijing might do next. Photo: AP
Some investors in Chinese tech stocks are scouring state media reports for insight into what Beijing might do next. Photo: AP
READ FULL ARTICLE