China's tech firms are not comparable to US, look at Chinese biotech and robotics instead: CIO

China's tech firms are not comparable to US, look at Chinese biotech and robotics instead: CIO

Hao Hong, managing partner and CIO of Lotus Asset Management, says it is puzzling that China’s anti-involution campaign and property were omitted from the latest Politburo statement, and that traders and fund managers are not very concerned about weakening fundamentals in the Chinese markets as long as liquidity remains strong.

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