China tech stocks have 'a lot of upside' and peak regulation is over, fund management firm says

He said the rules introduced in recent years were meant to create long-term stability in the sector.

"I think that's in the past," said Krane, the founder and chief executive officer of KraneShares. "I do not foresee much regulation going forward.""It's a very important sector, it's the consumer of China — so I think you're gonna see a lot of support around the sector going forward as China reopens."and amid the ongoing Covid restrictions, though the sector has recovered slightly on reopening hopes.

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