JP Morgan: China Internet Firms ‘Uninvestable’

Don Ma
By Don Ma
May 11, 2022NTD Business
share

U.S. investment bank JP Morgan recently labeled Chinese internet companies “uninvestable.” The title wiped out about $200 billion from American and Asian stock markets. But the bank is now calling it an editorial error. NTD talks to an expert to break down what’s happening behind the scenes.

ntd newsletter icon
Sign up for NTD Daily
What you need to know, summarized in one email.
Stay informed with accurate news you can trust.
By registering for the newsletter, you agree to the Privacy Policy.
Comments