Business
Premature Exits Cost Walmart, Prosus, Tencent Billions: Missing the Chinese Stock Rally Sparked by Beijing’s Stimulus Package
A costly mistake of $3 billion: Walmart, Prosus, and Tencent fail to capitalize on the surge in China due to early departures
The stimulus package introduced by Beijing has propelled Chinese stocks, however, some investors have missed the opportunity to make billions by offloading their shares prematurely, ahead of the market surge.
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