Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
Why China Tech Stocks Are Splitting From the Yuan
Lucas and Luna examine a perplexing divergence in China markets: while the yuan has stabilized near 6.79 per dollar, the KWEB China internet ETF has dropped nearly 4% in a week and JD.com is down over 8%. They drill into why the old correlation between currency and equities is breaking down, focusing on regulatory overhang and the disconnect between macro stability and micro earnings pressure. Using specific examples like JD's price war margin squeeze and Pinduoduo's 12% weekly slide, they unpack what this means for investors navigating China in late May 2026. They also touch on the…
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