China’s tech stocks are grappling with potential challenges that could have a more significant impact than President Donald Trump‘s tariffs.
What Happened: The Hang Seng Tech Index, which has lost over $350 billion in market value since March, is now under the shadow of geopolitical tensions and potential U.S. sanctions. Bush Chu, an investment manager at Aberdeen Investments, stated that these U.S. measures, such as restrictions on financial holdings or additional sanctions, represent a “serious risk,” reported Fortune.
There are also rumors about the potential forced delisting of Chinese stocks from U.S. exchanges, along with possible restrictions on access to technology. Chu warns that these measures could trigger a “sharp selloff” of heavily foreign-owned Chinese tech stocks.
TD Cowen analyst Jaret Seiberg cautioned, “Given how high Trump already has pushed up tariffs against China, we believe delisting is moving up in the list of retaliatory options.”
Chinese e-commerce firms have been the worst impacted …
Full story available on Benzinga.com
China’s tech stocks are grappling with potential challenges that could have a more significant impact than President Donald Trump‘s tariffs.
What Happened: The Hang Seng Tech Index, which has lost over $350 billion in market value since March, is now under the shadow of geopolitical tensions and potential U.S. sanctions. Bush Chu, an investment manager at Aberdeen Investments, stated that these U.S. measures, such as restrictions on financial holdings or additional sanctions, represent a “serious risk,” reported Fortune.
There are also rumors about the potential forced delisting of Chinese stocks from U.S. exchanges, along with possible restrictions on access to technology. Chu warns that these measures could trigger a “sharp selloff” of heavily foreign-owned Chinese tech stocks.
TD Cowen analyst Jaret Seiberg cautioned, “Given how high Trump already has pushed up tariffs against China, we believe delisting is moving up in the list of retaliatory options.”
Chinese e-commerce firms have been the worst impacted …
Full story available on Benzinga.com
China’s tech stocks are grappling with potential challenges that could have a more significant impact than President Donald Trump‘s tariffs.
What Happened: The Hang Seng Tech Index, which has lost over $350 billion in market value since March, is now under the shadow of geopolitical tensions and potential U.S. sanctions. Bush Chu, an investment manager at Aberdeen Investments, stated that these U.S. measures, such as restrictions on financial holdings or additional sanctions, represent a “serious risk,” reported Fortune.
There are also rumors about the potential forced delisting of Chinese stocks from U.S. exchanges, along with possible restrictions on access to technology. Chu warns that these measures could trigger a “sharp selloff” of heavily foreign-owned Chinese tech stocks.
TD Cowen analyst Jaret Seiberg cautioned, “Given how high Trump already has pushed up tariffs against China, we believe delisting is moving up in the list of retaliatory options.”
Chinese e-commerce firms have been the worst impacted …Full story available on Benzinga.com Read MoreAAPL, BABA, benzinga neuro, Chinese tech companies, Chinese tech Stocks, Donald Trump, META, News, NVDA, PDD, sanctions, tariffs, TCEHY, us china, Markets, Tech, PDD, AAPL, US0378331005, NVDA, US67066G1040, TCEHY, BABA, META, News, Markets, Tech, Benzinga News
