SINGAPORE (Apr 23): 2017 was the Year of China Tech. Global investors helped drive Chinese tech stocks 70% higher last year, with shares of the two internet giants, Tencent Holdings and Alibaba Group Holding, more than doubling as they chased highgrowth tech plays. More recently, though, investors have been less enamoured with the duo as well as BaiduJD.com and other Chinese tech stocks. From their peak in late January to the trough earlier this month, large Chinese tech stocks were down nearly 15%, with Alibaba 19% lower. Although they rebounded recently, most are way below their January peak.

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