JD.com Inc

Firms face removal if they shirk requirements for three straight years, meaning they could be kicked off in 2024

The reversal for some of 2021’s hottest stocks makes tech one of the worst-hit sectors in the S&P 500

Chinese equity markets made further gains in May but outperforming sectors were mostly defensive, such as staples and healthcare.

The plan, if implemented, would effectively end the government’s laissez-faire approach to the tech industry.

(June 7): Go-Jek, the Indonesian ride-hailing provider, has been offered at least US$1 billion ($1.3 billion) of new funding from existing investors eager to accelerate its overseas expansion, people with knowledge of the matter said.