https://techcrunch.com/2022/03/15/will-vc-investment-into-chinese-startups-slow-as-the-countrys-tech-stocks-shatter/

Shares of Chinese technology companies are selling off at home and abroad this week as the nation’s ties to Russia add to investor uncertainty at the expense of China’s tech industry. China is also enduring a COVID-19 outbreak, leading to mass lockdowns in technology hubs, and some of its leading technology concerns are looking to bring their listings back to domestic shores due to regulatory pressure.

The scale of the recent drop in the value of Chinese equities was dubbed “panic selling” and “relentless,” for context. In numerical terms, the Hong Kong Hang Seng Index fell more than 5.7% today, reaching a new 52-week low; the Shanghai Composite fell 5%, also a 52-week low.