China’s tech crackdown erased more than US$1 trillion of market value since the Ant Group IPO episode. Illustration by Brian Wang
China’s tech crackdown erased more than US$1 trillion of market value since the Ant Group IPO episode. Illustration by Brian Wang
Business /  Markets

China tech crackdown: after a trillion-dollar rout, has the stock market drubbing gone too far?

  • China’s internet companies have lost an estimated US$1 trillion in value in the past 14 months
  • Most Chinese tech giants are now trading close to historic lows

Topic |   China technology
Zhang Shidong
Zhang Shidong in Shanghai

Updated: 11:18am, 25 Dec, 2021

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China’s tech crackdown erased more than US$1 trillion of market value since the Ant Group IPO episode. Illustration by Brian Wang
China’s tech crackdown erased more than US$1 trillion of market value since the Ant Group IPO episode. Illustration by Brian Wang
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