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Tech's real China syndrome victims are yet to fall
Published Wed, Aug 26, 2015 · 09:50 PM
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New York
FACEBOOK, Apple, Amazon and Microsoft have lost nearly US$200 billion of value in the past week. China's woes sparked the rout, but the problem was investors' giddy faith in growth.
Public tech stocks may recover. Fantasy valuations of private firms like Uber, though, will take the bigger hit.
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