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China's watchdog has been investigating since the beginning of the year against tech giants including Alibaba, Tencent or Didi. These companies are the subject of an antitrust investigation that accuses them of violating anti-monopoly rules.". For the same reason, Alibaba Group and its founder Jack Ma were forced to give up on Ant Group's $37 billion IPO, which was supposed to be one of the largest IPOs of all time. This context had a major impact on the share prices of Chinese companies listed in the US, for instance and for instance Alibaba Group the Group has lost 28% of its share price since the beginning of the year. And we may see the same situation in the coming years in US or Europe as the regulators are considering adopting anti-trust laws against the tech giants. And this would have a major impact on the financial markets when we know the weight of tech companies in our economy. So, I believe that this is a big trend to watch.