China Tech Rout Deepens as Beijing Targets Data, U.S. Listings
- Hang Seng Tech index has fallen more than 30% from high
- China State Council announced new rules on overseas listings
This article is for subscribers only.
Sign up for Next China, a weekly email on where the nation stands now and where it's going next.
China’s move to rein in two of the most powerful corporate trends of the past decade -- the rise of data-hungry tech titans and the flood of Chinese listings in the U.S. -- is rippling through markets as investors brace for a new era of tighter oversight from Beijing.