Lagging China stocks may be an opportunity
Ben Paul
JUST before Christmas last month, China unveiled what seemed to be a fresh regulatory assault on the online gaming sector.
The raft of new proposed measures – aimed at curbing practices that encourage gamers to spend time and money online, among other things – sent share prices of companies such as Tencent and NetEase reeling.
For investors with exposure to China stocks, it was a disappointing end to a disappointing year.
TRENDING NOW
Electricity tariff to rise significantly from July despite Iran deal: EMA
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Onitsuka Tiger pivots from Asics stripes to tap luxury market