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Half a trillion dollars wiped from China markets in a week on shattered confidence

HONG KONG: China s tech stocks slumped to new lows on Friday and Hong Kong s benchmark index hit an almost 10-month trough, as an unrelenting series of Chinese regulatory crackdowns crushed.

Over $560 bn wiped from China markets within a week as regulator clampdowns shatters confidence

More than $560 billion in market value has been wiped off Hong Kong and mainland China exchanges in a week as funds capitulate out of once-favoured stocks, unsure which sectors regulators will target next

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