Waterdrop’s post-IPO collapse highlights Chinese fintechs' regulatory woes

  • Chinese regulators have sharpened their claws to rein in technology conglomerates and reduce scope for market abuse

  • Tencent and Meituan-backed Waterdrop’s 40%+ share price decline since last week’s debut sums up investor jitters

  • A maturing market and more regulatory scrutiny suggest China fintechs will generate lower investment returns than before

May 13th, 2021
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