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GLOBAL ENTERPRISE: CHINA RECOIL
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Investors cut risk exposure to big-name China stocks, eye other parts of Asia

As China recalibrates, the world is left wary about which sector the regulatory axe might next fall. Observers say South-east Asia looks set to gain from the chase for returns

Angela Tan
Published Wed, Jul 28, 2021 · 09:50 PM

    Singapore

    AS China recalibrates its domestic economy and tightens its grip on technology, property and private education companies, global investors - fresh from the stock market bloodbath and wary about where the next regulatory axe might fall - are cutting their exposure to big stock names and seeking refuge in alternative markets in Asia.

    Private equity and venture capital funds, which have poured in billions to back big boys in the affected sectors, have begun a scramble to make sense of what is going on.

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