No doubt, China's regulatory crackdown hasn't been great for China-based tech stocks. The KraneShares CSI China Internet ETF is down nearly 50% on the year. Last Thursday, tech giant Tencent (OTC: TCEHY) announced it would spinning off most of its roughly 17% stake in JD.com (NASDAQ: JD) to shareholders. Read More...
No doubt, China’s regulatory crackdown hasn’t been great for China-based tech stocks. The KraneShares CSI China Internet ETF is down nearly 50% on the year. Last Thursday, tech giant Tencent (OTC: TCEHY) announced it would spinning off most of its roughly 17% stake in JD.com (NASDAQ: JD) to shareholders.
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