BBC: China’s tech giants fall under regulator’s pressure

BBC: China’s tech giants fall under regulator’s pressure. “China’s tech giants are coming under increasing pressure from regulators worried about their growing influence. By Monday, Tencent had shed more than $60bn (£42bn) from its market value as its share price slid over concerns of greater regulator scrutiny. Media reports suggest that rival tech giant Alibaba may have to sell some of its media assets under the crackdown.”

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