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Here's Why Chinese Internet Stocks Are Poised for Short-Term Boost | Barron's

News Snapshot:

Chinese internet stocks are positioned for more short-term gains as Chinese regulators reportedly wind up their probe into ride-hailing DiDi Global (ticker: DIDI) and ease off on regulatory moves that have battered the internet sector. Chinese stocks are likely to get some relief as lockdowns ease and China’s policy makers unleash a wave of stimulus measures to try to heal the economy. Some money managers and strategists are still wary and see longer-term challenges to China’s economy and stocks that could keep Chinese stocks…

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