Source: Tech – South China Morning PostKuaishou Technology, operator of China’s second largest short video-sharing platform, reported worse-than-expected losses of 7.04 billion yuan (US$1.1 billion) in the second quarter as Beijing continues its regulatory crackdown on the tech sector.The earnings results come at a time when the company’s share price has fallen to one-fifth of its peak in February amid a broader crash of Chinese tech stocks triggered by the tighter regulatory environment.The company reported a net loss of 7.04…Read More