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PR Newswire
17-08-2021, 11:12 AM
The bear case is that the Chinese tech firms will now be hampered by got measures resulting in flat line earnings. Alibaba and TenCent affiliates are forecasting that their earnings will likely stagnate in for the remainder of this year due to higher cost. this affects their margin.
China is regulating their companies to the extent that the amount of profits/commission they extract for their products and services are controlled by the government. This is scaring investors as it is unlike other market controlled economies where price/supply is left to the invisible hand.
I recall in China, even the prices developers can sell their housing units is capped by a number/PSF dictated by the local government. This was something gleamed from KSH's holding's financial report.
China is regulating their companies to the extent that the amount of profits/commission they extract for their products and services are controlled by the government. This is scaring investors as it is unlike other market controlled economies where price/supply is left to the invisible hand.
I recall in China, even the prices developers can sell their housing units is capped by a number/PSF dictated by the local government. This was something gleamed from KSH's holding's financial report.