As China expands oversight, Tencent’s value dropped 23% in July, erasing ~$170B; nine of the top 10 losers in shareholder value in July were Chinese companies (Bloomberg)

Bloomberg:
As China expands oversight, Tencent’s value dropped 23% in July, erasing ~$170B; nine of the top 10 losers in shareholder value in July were Chinese companies  —  – Tech giant is set to see its worst month ever after selloff  — Nine of top 10 market value losers in July are Chinese firms