Just a few months ago, optimism was order of the day among Chinese technology investors. Beijing was going to welcome home US-traded Chinese tech stars by allowing them to dual-list on mainland exchanges, while Hong Kong opened its arms to the hottest unicorns by removing requirements that companies have a track record of profits before going to initial public offerings.
Read the full story at https://www.bloomberg.com/view/articles/2018-08-15/nasty-earnings-surprises-dog-china-s-tech-darlings
SOURCE: Bloomberg
tags:
Technology
