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

Hang Seng Tech Index sinks 10% this month as crackdown worries persist

Alibaba Group Holding, a prominent target of Beijing's clampdown on the tech sector, fell nearly 7% on Friday.   © Reuters

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.

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