- In a repeat of the previous week, we have positive coverage again from the likes of Financial Times and The WSJ but the representative ETFs of Chinese companies ended in the red.
- The regulatory crackdown on the internet industry has shifted to the healthcare sector, prompting another bout of selling across related stocks.
- The pursuit of COVID-zero and the consequential lockdowns sparked panic-buying, boosting online sales.
- Tencent has a head start on the metaverse. It would be worth tracking its advancement in this upcoming trend.
For further details see:
Alibaba's Double-11 On Covid-Zero Booster, Tencent Is Into Metaverse