BILI - Assessing Chinese Internet Stocks In A Time Of Great Flux

• Bargain-hunters who bought into the soothing reassurances from Chinese state media and officials had a rude awakening last week with articles targeting several industries sinking related stocks.
• The revelation of a potential expiration of preferential tax rate for tech companies like Alibaba and Tencent led to further market disappointment.
• Alibaba Cloud could see stiffer competition as Huawei and Tencent focus on cloud to mitigate challenges in their businesses.
• I elaborate on why the fear of drastic actions on gaming companies in China is overblown.
• Shareholders need a long-term mindset like those of sovereign wealth funds.

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