Daybreak Europe Show Open: China's Clampdown on Tech Sector

The transcript covers Commerzbank's financial performance, highlighting a miss in revenue and operating profit compared to market expectations. It discusses GAM's asset management challenges, including net outflows and scandals. The conversation shifts to loan loss provisions and operational costs, with a focus on Commerzbank's outlook. Technology trends in Asia and market cycles are explored, followed by an analysis of China's regulatory impact on the tech sector and market sentiment, particularly concerning Alibaba's sales miss and the broader implications for Chinese stocks.

What was the operating profit reported for Commerzbank?

What challenges has Gamana faced since 2018?

What is the estimated loan loss provision for the full year?

How did the Chinese tech sector perform amid regulatory crackdowns?

What was the market's reaction to Alibaba's sales performance?