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China Tech Sector Turmoil Deepens

4 clusters · 19 sources · last updated

Latest: Tech sell‑off triggers Asian market pullback and investor shift

In early July a wave of technology IPOs, highlighted by Yushu Tech’s projected surge from a 10 million‑RMB valuation to 420 billion RMB, attracted roughly 2.3 trillion RMB of state‑guided capital and spurred AI data‑cent