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Beijing’s bold moves to rein in the nation’s powerful tech firms such as Jack Ma’s Ant Group Co. and Didi Global Inc. have sent global investors fleeing on concerns over China’s tighter grips on data while relations with Washington remain difficult. HONG KONG: An index launched a year ago to give investors greater exposure to China’s internet giants is now the world’s worst-performing major technology gauge. The Hang Seng Tech Index has been on a roller-coaster ride in the last 12 months. The gauge, which marks its one-year anniversary on Tuesday, was up 59% at its February peak but has since seen more than $551 billion in market value wiped out amid Beijing’s clampdown on the sector.

United statesHong kongJoshua crabbJian shi cortesiCalvin nganAmerica corpJack ma ant group coZhongtai financial international ltdAlibaba group holding ltdWorld information technology indexRobeco hong kong ltdTencent holdings ltdDidi global incHang seng tech indexInformation technology indexChinext index