I have been watching this situation, something about it seems out of the ordinary.
Chinese Regulators have suddenly started to heavily regulate and fine companies in specific industries which has caused massive upheaval in various financial markets.
Yes, they are in some ways doing what should have been done here. They have had it it in many ways with big tech and such concerns. Looking across the spectrum, this has made several chinese stocks very cheap. While US stocks are at almost all time highs.
“Chinese Regulators have suddenly started to heavily regulate and fine companies in specific industries which has caused massive upheaval in various financial markets.”
The CCP knew of the pending reaction so what is their endgame?