Logo 03 Aug 2021

Super smashing some tech stocks

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Trivium Markets keeps you briefed on the latest developments in China markets policy.

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On Tuesday morning, stocks of several big Chinese tech companies took an unexpected plunge.
Within one hour of the Hong Kong stock market's opening:

Tencent was down over 10%
NetEase was down over 15%

The sudden market jitters came after an article in Economic Information Daily (EID) called out so...