What factors contributed to the decline of the Hanson Tech index mentioned in the text?
China Tech Stocks Slide as Liu He's Pledges Underwhelm

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How did the COVID situation in China affect market sentiment according to the discussion?
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What are investors waiting for in terms of regulatory changes in the tech industry?
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What expectations do investors have regarding the earnings report of China's biggest tech company?
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What implications could the earnings commentary have for other companies in the tech sector?
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