South China Morning Post · General

Tech stocks lead declines in Hong Kong, mainland China on US$2.3 trillion carnage in US

· By Zhang Shidong
Story summary

Stocks in Hong Kong and mainland China dropped on Friday, tracking a meltdown in US technology companies that erased more than US$2 trillion in market value on concerns that a Democrat-controlled Congress could upend the breakneck expansion of the AI industry. The Hang Seng Index fell 1.3 per cent to 24,481.86 at th…

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