It’s been a whiplash 2021 for Chinese tech stocks.
The Nasdaq Golden Dragon China Index, which tracks 98 of the biggest Chinese companies listed in the U.S., hit a record high of 20,688 on Feb. 12. But the index has been walloped since then on concerns that China’s tech sector could soon be facing greater scrutiny and tighter regulations at the hands of the Chinese government.
Cathie Wood, founder of Ark…
Source link