Some investors are getting tempted by cheap China stocks that have slumped 60% in 2 years — but the market started 2024 in the red

Tech Insider : Economy
Investors are paying attention to the stock market at a securities business hall in Fuyang, China, on December 29, 2023.
Investors are paying attention to the stock market at a securities business hall in Fuyang, China, on December 29, 2023.

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China's crackdown on tech companies isn't over, and it's not going back to pre-2020's 'business-as-usual,' says China Beige Book

Tech Insider : Economy, Economy
Xi Jinping
Xi Jinping makes a public pledge of allegiance to the Constitution at the Great Hall of the People in Beijing on March 10, 2023.

Xie Huanchi/Xinhua via Getty Images

Alibaba is so confident Beijing's tech crackdown has ended that it has just listed over 2,000 jobs for fresh graduates

Tech Insider : Economy, Economy
People walk past the Alibaba logo on an orange wall.
Alibaba is now on an hiring spree.

LUDOVIC MARIN / Contributor / Getty Images

The most interesting part of China's stimulus announcement was the omission of a key phrase that ignited the 2020 crackdown on the real-estate sector

Tech Insider : Economy
Local residents look at a model of a Poly Real Estate Group housing project at a real estate showroom on May 25, 2023 in Sanya, Hainan Province of China.
China's once free-spending property buyers are now cautious about their real-estate purchases amid the country's post-COVID economic slump.

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Jack Ma started off as a school teacher and built China's Amazon. But 3 years after Beijing cracked down on his tech businesses, Ma's now turned to farming.

Tech Insider
Jack Ma, founder of Alibaba Group.
Jack Ma started off as a school teacher and built China's Amazon. But 3 years after Beijing cracked down on his tech businesses, Ma's now turned to farming.

Zhang Yazi/China News Service/Getty Images

China's tech crackdown cost over $1 trillion. But the economy is in such deep trouble that the country's cozying up to its tech firms again.

Tech Insider : Economy
A robot plays with basketball at Mintasca intelligence technology company booth during the opening of 2023 World Artificial intelligence conference in Shanghai, China on July 6, 2023 .
China's cozying up to its tech firms again after a massive crackdown wiped $1.1 trillion off the valuations of major firms in the sector.

Ying Tang/NurPhoto/Getty Images

The Chinese billionaire CEO whose disappearance rocked his bank's stock is 'cooperating' with a government probe, his firm says

Tech Insider
Fan Bao
Bao Fan.

Reuters

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