China to take softer touch on tech giants? Stock prices say no


Source: nikkei.com nikkei.com

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Alibaba Group Holding, a prominent target of Beijing's clampdown on the tech sector, fell nearly 7% on Friday. © Reuters TAKESHI KIHARA, Nikkei staff writer May 7, 2022 05:36 JST | China Copy Copied HONG KONG -- Chinese tech stocks continued to slide this week as skepticism about Beijing easing up on its clampdown on the industry, on top of persistent concern about the risk of U.S. delistings, chilled investor sentiment. Read Next