🔒 Alec Hogg: Beijing’s crackdown hits Chinese tech stocks

Fallout from the Fauci emails continues. The editorial video (link here) from our partners at the Wall Street Journal asks the kind of questions they believe the 80 year old should answer under oath in Congress. Fauci’s supporters defend the intentional duplicity because he knew what was best to tell society. There’s an excellent piece on natural immunity by Johns Hopkins medical professor Dr Marty Makary. Keeping an open mind has always been a great asset.

• Also on WSJ.com today is a highly relevant piece for South Africans given the heavy Naspers/Prosus weighting in retirement portfolios. Beijing’s crackdown on tech companies is starting to really impact Chinese stocks – led by Tencent. Click here.
• On a similar line, US president Joe Biden has revoked his predecessor’s actions targeting Tencent’s WeChat – but only so that he can expand the net and bring in enforceable legislation against Tencent’s App and other Chinese-made technology. The headwinds against the Naspers/Prosus asset continue to build. Click here.
• At home, the SA Medical Association exposed parliamentarians to unintended consequences of the ANC’s proposed National Health Insurance. SAMA’s rational arguments were met with hostility. This morning’s Medical Brief has a comprehensive report. Click here.

___STEADY_PAYWALL___

• I’m back in the BizNews webinar hot seat at noon today as we intensify our focus on the 12J window of opportunity that closes on June 30. Guests are Adrian Gardiner and Deon Lewis who’ll answer questions on one of the most popular 12J companies, Mantis Group’s Pearl Valley Hotel.Register here: https://attendee.gotowebinar.com/register/3673179592353517328.
  

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