Chinese tech stocks’ best weekly rally since January may not be enough to persuade some investors to return to a market still reeling from an unprecedented private-industry assault. JPMorgan Asset Management is waiting for clearer policy signals, while Amundi SA believes Beijing’s new focus on data protection means uncertainty will remain high for internet companies. Martin Currie Investment Management, which overseas more than $22 billion in assets, is now allocating new money to tech stocks in markets away from China. The rally in the Hang Seng Tech Index, which tracks Chinese tech stocks listed in Hong Kong, fizzled out toward the end of this week amid headlines of fresh crackdowns, trimming its weekly gain to 7.3%. Members of the gauge have seen more than $1.3 trillion of value wiped out since a February peak as the index remains 42% lower. “Regulatory reforms are still on the cards for some […]