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HERE IN ASIA: BT EXCLUSIVE
Robo-advisers diverge on regulatory risk in China tech exposure
Some retail robo-advisers leaning towards Asian equities and Reits amid Beijing's clampdown on big tech, run-up in US counters
Last December, the Chinese government launched an antitrust probe against e-commerce giant Alibaba for allegations of monopolistic practices, and ordered its parent company, Ant Group, to scale back operations.
PHOTO: REUTERS
Singapore
QUESTIONS are mounting over lofty stock valuations in the US and China's antitrust squeeze on its tech behemoths, and retail robo-advisers have responded in different ways to rejig their tech exposure in 2021.
Still, this comes as global vaccine rollouts and hopes of...
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