China tech stocks soar on speculation of easing crackdowns

April 29, 2022 1:00 PM

HONG KONG (BLOOMBERG) – Chinese tech shares surged by the most in six weeks on Friday (April 29), with traders citing speculation of a possible near-term easing of the nation’s continued crackdown on internet companies.

Source : https://www.straitstimes.com/business/companies-markets/china-tech-stocks-soar-on-speculation-of-easing-crackdowns