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China Tech Stocks Rebound After Record Rout

By
Shai Oster
· · Source: Bloomberg

Shares of Chinese tech companies rebounded after record losses. Shares in Alibaba and Tencent were among the best performers as investors saw a bargain despite overhanging geopolitical and regulatory issues. The Hang Seng Tech Index rose steeply, after it had fallen about 22% last week, according to Bloomberg. Tencent rose 23% and Alibaba increased more than 27% among the highest gainers...

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