BREAKINGVIEWS-China tech key-man risk has its own flavour

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

By Ka Sing Chan

HONG KONG, June 9 (Reuters Breakingviews) - It’s hard to beat Elon Musk’s SpaceX on iffy governance. But People’s Republic firms try. Nvidia supplier Victory Giant’s shares fell 8% after its chair’s possible affair went viral, echoing founder-driven shocks at JD.com and SenseTime. Links to governments amplify the fallout.

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Hong Kong-listed shares of Victory Giant Technology (Huizhou) fell 8% on June 8 after Chairman and CEO Chen Tao’s alleged extra-marrital affair was caught on camera and went viral. The benchmark Hang Seng Index fell 1% in the same session.


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