Hong Kong stocks fell on Tuesday, tracking a sell-off on Wall Street as investors reassessed lofty artificial intelligence-related valuations and the outlook for US monetary easing.
The Hang Seng Index declined 1.5 per cent to 25,997.20 at the noon trading break, adding to the 0.7 per cent loss on Monday. The Hang Seng Tech Index dropped 1.7 per cent. On the mainland, the CSI 300 Index retreated 0.2 per cent and the Shanghai Composite Index shed 0.6 per cent.
Tech heavyweights led the retreat….Hong Kong stocks fell on Tuesday, tracking a sell-off on Wall Street as investors reassessed lofty artificial intelligence-related valuations and the outlook for US monetary easing.
The Hang Seng Index declined 1.5 per cent to 25,997.20 at the noon trading break, adding to the 0.7 per cent loss on Monday. The Hang Seng Tech Index dropped 1.7 per cent. On the mainland, the CSI 300 Index retreated 0.2 per cent and the Shanghai Composite Index shed 0.6 per cent.
Tech heavyweights led the retreat….  Read More ​Business – South China Morning Post