Value of 10 Chinese tech majors fall over $800bn since February

Government crackdown sends investors fleeing

20210527 Tencent Ant Alibaba

The share prices of Chinese tech majors, including Alibaba Group Holding and Tencent Holdings, have plunged over the last few months as the government increased scrutiny of the sector. (Source photos by Reuters)

YUSHO CHO, Nikkei staff writer

SHANGHAI -- China's once-popular technology companies are losing their shine, with their share prices plunging over the last few months, as investors grew nervous of government clampdowns in the sector.

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