Understanding China's Crackdown: The Didi IPO Fiasco
For those looking to avoid paying for expensive American tech companies, Jason Hsu, founder & CIO of Rayliant Global Advisors, believes that the negative sentiment toward Chinese ADRs will open the door for other opportunities. Larry McDonald, founder of The Bear Traps Report, welcomes Hsu to share his insights into regulatory risk against Chinese tech stocks and methods to approach investing in these companies. He dives into the differences between the IPO process in China versus the U.S. in light of Chinese regulation against companies such as Didi and Ant Financial. To combat the effects of Covid, Hsu explains the PBOC’s sentiment towards monetary policy and the effectiveness of its actions. Filmed on July 11, 2021.