Tencent’s Hard Landing Is Stark Reminder Of Tech’s Fallibility
It’s time to quote Howard Marks again…
Category: tencent
Markets Recoil In Horror As Latest Trade Threat Sparks Global Stock Bloodbath
“The U.S. is playing a carrot-and-stick tactic on China, but this approach is not going to work.”
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Tech Rout Goes Global, Sinks Hong Kong Shares In Wednesday Bloodbath
The robot carnage on Wall Street predictably spilled over into Asian markets on Wednesday.
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‘All Bets Are Off’: Bloodbath In China, Hong Kong As Trade War Spirals
But hey, at least it’s Friday, right?
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Don’t Ignore The Overnight Rally In Hong Kong
Whether or not this bounce is sustainable and more broadly, whether Friday marks a turning point for sentiment which was rapidly deteriorating will help determine whether global risk assets are able to rally into year-end.
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Oh, The Humanity! Asian Shares Dive As Tech Wreck Wreaks Havoc On Hong Kong
Well on Wednesday, things got worse – and materially so.
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Tech Rout Hits Hong Kong (Again) As Tencent Extends Worrying Slide
Keep an eye on this – in an increasingly interconnected and interdependent global market, these tech selloffs are demonstrating a propensity to spread quickly. And there’s some poetic justice in that, right? After all, tech is all about connecting the world.
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Tech Selloff Hits Hong Kong As Tencent Tumbles Out Of Half-Trillion Club
“Today’s turmoil in the region’s tech stocks was sparked by the sell-off in their peers on Wall Street last night.”
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‘The Enigma Of 8’: Here’s What Goldman Sees For China’s Markets In 2018
“Luck, prosperity, and wealth.”
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Chinese Shares Soar As Tencent Passes Facebook
If U.S. shares needed an excuse to rally, they’ve got it.