Fear, fear, fear. Investors have been feeling it ever since President Donald Trump provoked a trade war with China, yet there's a silver lining to consider: Chinese tech giants are going public at a steep discount.
We saw that with the Xiaomi IPO.
Shares fell below the IPO price within hours of trading. Although analysts blamed this failure on Xiaomi's underwhelming financials, I think the overall market environment had a strong part to play. Pessimism is a real thing, folks.
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