China: 'We unequivocally are not even in a commencement stages' of a tech crackdown, short-seller says

Beijing's latest moves to crackdown on several sectors in a Chinese economy is spooking some investors, and one brief seller believes that this is simply a start. "I know a bulls wanted to say: 'It's only going to be a preparation stocks,' and afterwards it was a crackdown on gaming," brief seller Dan David told Yahoo Finance Live (video above). In a final few months, a Chinese supervision underneath President Xi Jinping has started tightening regulations opposite several sectors such as gaming — both in terms of casinos and kids personification video games — in further to Big Tech in…