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Market Views: Are Chinese tech firms overvalued?

Twinkle Zhou
China’s tightening of fintech regulations has dealt a blow to companies such as Alibaba and Tencent. With a slew of IPOs coming in Hong Kong, investors assess tech stock valuations.
Market Views: Are Chinese tech firms overvalued?

Enthusiasm for Chinese tech firms has tapered after Ant Group was thrown into disarray by China’s new financial rules. Investors’ appetite for these shares has not entirely recovered as the country’s top leaders continue to stress the need to tighten financial regulations to prevent the so-called “disorderly” expansion of capital.

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