Hong Kong’s stock exchange. Chinese technology companies have suffered a US$1.5 trillion wipeout due to Beijing’s tightening grip. Photo: Dickson Lee Hong Kong’s stock exchange. Chinese technology companies have suffered a US$1.5 trillion wipeout due to Beijing’s tightening grip. Photo: Dickson Lee
Hong Kong’s stock exchange. Chinese technology companies have suffered a US$1.5 trillion wipeout due to Beijing’s tightening grip. Photo: Dickson Lee
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Hong Kong stocks drop over China’s prolonged regulatory tightening in tech sector

  • The Hang Seng Index declined 2.1 per cent to 25,316.33 on Thursday, its biggest decline since July 27
  • Tencent falls 3.4 per cent from earlier gains of as much as 3.3 per cent, despite earnings beating estimates

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Hong Kong’s stock exchange. Chinese technology companies have suffered a US$1.5 trillion wipeout due to Beijing’s tightening grip. Photo: Dickson Lee Hong Kong’s stock exchange. Chinese technology companies have suffered a US$1.5 trillion wipeout due to Beijing’s tightening grip. Photo: Dickson Lee
Hong Kong’s stock exchange. Chinese technology companies have suffered a US$1.5 trillion wipeout due to Beijing’s tightening grip. Photo: Dickson Lee
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