https://techcrunch.com/2022/03/15/china-tech-firms-challenges-2022/

2022 is not looking any easier to many Chinese tech companies. The slew of new cyberspace regulations introduced over the past year or so, from anti-competition rules to restrictions on the use of algorithms, has prompted internet outfits of all sizes to reshape their business models and monetization strategies, dampening investor confidence.

New challenges that emerged at the beginning of 2022 have already spooked investors. The Hang Seng China Enterprises Index, an index for Chinese stocks listed in Hong Kong, plunged 7.2% on Monday, the biggest drop since November 2008. Shares of tech giants — including Meituan, Alibaba, Tencent and Pinduoduo — have cratered over the last week.