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Hedge Fund Up 138% This Year Is Turning Bullish on China Stocks

South China Morning Post

China’s Big Tech sees new wave of job cuts as Covid lockdowns hurt economy

A new wave of job cuts has hit China’s largest technology companies, as regulatory pressure and Covid lockdowns battered their business. It is yet unclear how much of those firms’ work forces would be affected because few are willing to publicly disclose their plans, but there have been extensive reports of job reductions across a wide spectrum of job functions in the sector, according to local media and sources interviewed by the South China Morning Post. Video gaming and social media giant Ten

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