Thursday, July 29, 2021

As China expands oversight, Tencent's value dropped 23% in July, erasing ~$170B; nine of the top 10 losers in shareholder value in July were Chinese companies (Bloomberg)

Bloomberg:
As China expands oversight, Tencent's value dropped 23% in July, erasing ~$170B; nine of the top 10 losers in shareholder value in July were Chinese companies  —  - Tech giant is set to see its worst month ever after selloff  — Nine of top 10 market value losers in July are Chinese firms



No comments:

Post a Comment

London-based Agon, which is developing sovereign AI training infrastructure for European defense, emerges from stealth with a $7M pre-seed and a $23M seed (Ingrid Lunden/Resilience Media)

Ingrid Lunden / Resilience Media : London-based Agon, which is developing sovereign AI training infrastructure for European defense, emer...