Morgan Stanley on China tech stocks amid Beijing regulation
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Chinese e-commerce applications in the lead up to the June 18 mid-year shopping festival. In clockwise order, from the top left: Alibaba Group’s Taobao to Pinduoduo to Alibaba and Alibaba’s Tmall. JD.com is also included.
Chan Long Hei | Bloomberg | Getty Images
China’s regulatory clampdown on the technology sector could continue — but Morgan Stanley said there’s value in buying some Chinese internet stocks over the next 12 to 18 months.
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