Chinese tech stocks’ best weekly rally since January may not be enough to persuade some investors to return to a market still reeling from an unprecedented private-industry assault.
JPMorgan Asset Management is waiting for clearer policy signals, while Amundi SA believes Beijing’s new focus on data protection means uncertainty will remain high for internet companies. Martin Currie Investment Management, which overseas more than $22 billion in assets, is now allocating new money to tech stocks in markets away from China.
Chinese Tech's Brief Revival Is Already Showing Signs of Fatigue - Bloomberg
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