China tech crackdown: after a trillion-dollar rout, has the stock market drubbing gone too far?

This year will go down as a tough period for Chinese technology firms, as Beijing moved to exert control over the once-freewheeling sector. In the last of a four-part series, the South China Morning Post looks at the market fallout, the cost to investors, and the struggle to determine the end game. The first part is here, the second part here, and the third part here.On the evening of November 3 last year, soon after China’s prime-time news broadcast ended, a short statement emerged from the…

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