JSE weaker as fears of China’s tech clampdown persist

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JSE weaker as fears of China’s tech clampdown persist
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Naspers and Prosus head the laggards as state-owned Securities Times takes a fresh aim at online gaming industry

The JSE was weaker on Thursday, mirroring its global peers, as investors remained cautious about China’s regulatory clampdown on the technology sector.

Tech-heavy stocks had staged a rebound for the first time in three days on Wednesday after Chinese media toned down their criticism of the gaming industry. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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