Decline in Foxconn unit's share price warning to investors of unicorn hype

LAST WEEK, China's A-share market witnessed a dramatic fall that should be a warning to the current unicorn speculation in the A-share market. Beijing News comments:

The plummeting of Foxconn's share price should undoubtedly be a warning to the current unicorn speculation in the A-share market.

This year, the outlet of the A-share market has changed, with the green light given to unicorns, startups with a valuation of $1 billion or more.