Common characteristics of the September financial quarter performance of China Concept Shares 2: Slow down the pace of investment
The major feature of Chinese funded technology enterprises is that they hold a large amount of investment and are important investors in venture capital and start-up projects.
The cash and investment assets of $PDD Holdings(PDD.US$ , $NetEase(NTES.US$ , $Baidu(BIDU.US$ , $Tencent(TCEHY.US$ and $Meituan Unsponsored ADR Class B RegS(MPNGY.US$ accounted for more than 64% of the total assets;
In contrast, the proportion of cash and investment of American Internet giants is between 27% and 48%.
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whqqq : Does slowing down investment mean less risk?
海纳百川 whqqq: No, it means a crisis in the market
whqqq 海纳百川: What's the bad news?