Shuli Ren, Columnist

Tail End for China's Tech Dragons

A broadening economic recovery could benefit mid-cap laggards such as JD.com.

December 4, 2017 at 11:00 PM UTC

Updated on

December 4, 2017 at 11:45 PM UTC

Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. A former investment banker, she was a markets reporter for Barron’s. She is a CFA charterholder.

3D rendering eastern dragon on white — Illustration: iStock/Getty Images

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Investors lamenting lost opportunities after missing out on the run-up in Alibaba Group Holding Ltd. and Tencent Holdings Ltd. shares this year need not despair. The times may be about to change.

As in the U.S., where tech stocks such as Apple Inc. and Google parent Alphabet Inc. have dominated gains in 2017, the rally in Asian markets has been driven to a startling degree by the Chinese internet heavyweights.