HONG KONG -- China's Politburo last Friday electrified tech stocks by signaling a policy shift toward the sector. The party's central political committee acknowledged the "need to enhance healthy development" and declared the "completion of specialized rectification and reform" of tech platforms, causing shares of Alibaba, Tencent and others to shoot up.

Business Spotlight
Chinese property developers see hope in Politburo policy shift
Beijing changed tone on real estate, as on tech, but will it halt the sales slide?