Some China concepts stocks sink in morning trading

Tiger Newspress2021-08-20

(Aug 20) Some China concepts stocks sink in morning trading.

China has passed legislation setting out tougher rules for how companies handle user data, a move pushing forward its campaign to curb big tech’s influence.

The legislature of the Asian nation approved the Personal Information Protection Law, the China Central Televisionsaidin a report on Friday morning.

Details of the new legislation were not immediately released but earlier drafts required firms to get user consent to collect, use and share information, and to provide a way for them to opt out. Companies found breaking the rules could face fines of up to 50 million yuan ($7.7 million) or 5% of their annual revenue.

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精彩评论

9moon
2021-08-27
9moon
There are 2 types of Chinese tech, one that advance national interest eg help China fight US rivalry, and the others that threaten social stability (data security/privacy, excessive loans, tuitions). China govt clamped down latter type is understandable. On investing, must bet on the right industry. A rising tide lifts all boats while falling tide affects all boats. Remember hope is never an investment plan.
- koolgal:
  Very wise advice. Thanks 👍😊
- 9moon:
  Many thanks, my wisely friend.
- koolgal回复9moon:
  You are very wise too. Thank you for sharing your opinion 👍😊
STTAN
2021-08-23
STTAN
Like
- STTAN:
  Like
GKevin
2021-08-21
GKevin
Good news for China actually, things will recover and even moon in long term
- BlackTechAI:
  China going in the right direction upgrading the quality of its industries and green environment initiatives supporting clean energy. Good for Chinese companies' international creditabilty.
Ermmmmmm
2021-08-21
Ermmmmmm
Hope to see more updates from China
xremy
2021-08-21
xremy
It Will End..
JokerForever
2021-08-20
JokerForever
Hopefully will end soon..

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Thank you for sharing your opinion 👍😊","text":"You are very wise too.&nbsp; Thank you for sharing your opinion 👍😊","html":"You are very wise too.&nbsp; Thank you for sharing your opinion 👍😊"}],"langContent":"EN"},{"id":835880606,"gmtCreate":1629703200405,"gmtModify":1631890039256,"author":{"id":"3582714247972419","authorId":"3582714247972419","name":"STTAN","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582714247972419","authorIdStr":"3582714247972419"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/835880606","repostId":1172431375,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6072461,"gmtCreate":1633211504686,"gmtModify":1634723733072,"authorId":3582714247972419,"author":{"id":3582714247972419,"idStr":"3582714247972419","authorId":3582714247972419,"name":"STTAN","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":835880606,"type":1,"supId":0,"prevId":0,"content":"Like","text":"Like","html":"Like"}],"langContent":"EN"},{"id":836486608,"gmtCreate":1629514652404,"gmtModify":1631884235172,"author":{"id":"3586062631512657","authorId":"3586062631512657","name":"GKevin","avatar":"https://static.tigerbbs.com/a370fabfe6fb3ba634379b9b98986d01","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586062631512657","authorIdStr":"3586062631512657"},"htmlText":"Good news for China actually, things will recover and even moon in long term","listText":"Good news for China actually, things will recover and even moon in long term","text":"Good news for China actually, things will recover and even moon in long term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/836486608","repostId":1172431375,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5598479,"gmtCreate":1629519062442,"gmtModify":1635146392660,"authorId":3577008494818778,"author":{"id":3577008494818778,"idStr":"3577008494818778","authorId":3577008494818778,"name":"BlackTechAI","avatar":"https://static.tigerbbs.com/d64102b43967a7880f608e7ec776385d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":836486608,"type":1,"supId":0,"prevId":0,"content":"China going in the right direction upgrading the quality of its industries and green environment initiatives supporting clean energy. Good for Chinese companies' international creditabilty.","text":"China going in the right direction upgrading the quality of its industries and green environment initiatives supporting clean energy. Good for Chinese companies' international creditabilty.","html":"China going in the right direction upgrading the quality of its industries and green environment initiatives supporting clean energy. Good for Chinese companies' international creditabilty."}],"langContent":"EN"},{"id":836557894,"gmtCreate":1629509794818,"gmtModify":1631883992440,"author":{"id":"4087557783698070","authorId":"4087557783698070","name":"Ermmmmmm","avatar":"https://static.tigerbbs.com/b89bbeb73fe9212f0b5efc7185ae8a51","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087557783698070","authorIdStr":"4087557783698070"},"htmlText":"Hope to see more updates from China&nbsp;","listText":"Hope to see more updates from China&nbsp;","text":"Hope to see more updates from China","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836557894","repostId":1172431375,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":836268954,"gmtCreate":1629501518578,"gmtModify":1633684474291,"author":{"id":"4091425725265930","authorId":"4091425725265930","name":"xremy","avatar":"https://static.tigerbbs.com/eed128399f7a5afff5ef683e5991f030","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4091425725265930","authorIdStr":"4091425725265930"},"htmlText":"It Will End..&nbsp;","listText":"It Will End..&nbsp;","text":"It Will End..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836268954","repostId":1172431375,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":836828121,"gmtCreate":1629470888863,"gmtModify":1631891386807,"author":{"id":"4089081450453300","authorId":"4089081450453300","name":"JokerForever","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4089081450453300","authorIdStr":"4089081450453300"},"htmlText":"Hopefully will end soon..&nbsp;","listText":"Hopefully will end soon..&nbsp;","text":"Hopefully will end soon..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/836828121","repostId":1172431375,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":189,"commentSize":69,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1172431375"}