Down $290 Billion, China Tech Investors Wargame Worst-Case Scenarios
Signs for Alipay, center top and center bottom, and Tencent Holdings Ltd.’s WeChat Pay, right, are displayed in Tokyo, Japan. (Photographer: Shiho Fukada/Bloomberg)

Down $290 Billion, China Tech Investors Wargame Worst-Case Scenarios

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(Bloomberg) -- With 22 pages of vaguely worded edicts, China has cast doubt on the future of its biggest internet companies and ignited a $290 billion equity selloff.