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Chinese regulators have started to tighten the leash on high-flying Chinese tech stalwarts such as Tencent Holdings Limited (OTC:TCEHY), Alibaba Group Holding Limited (NYSE:BABA), Baidu, Inc. (NASDAQ:BIDU) and JD.com, Inc. (NASDAQ:JD). An analyst at Wedbush sees this as presenting an opportunity for their U.S. peers, especially the FAANG stocks.
...read full article on Benzinga
