Hang Seng Tech Index slides to a low as U.S. delisting and Beijing’s regulatory crackdowns weigh on sector
Chinese internet stocks fell in Hong Kong on Monday following a selloff in comparable American depositary receipts late last week, as the fear of more U.S. delistings led many investors to re-evaluate the risks of an already battered technology sector.
The Hang Seng Tech Index, which tracks the 30 largest technology companies listed in the city, slid 3.3% to its lowest level, after Alibaba Group Holding Ltd. , JD.com Inc. and other internet stocks logged sizable declines. The benchmark, whichTo Read the Full Story
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
S&P 500 futures gain slightly despite recent tech stock selling, bitcoin's weekend routThe moves came after a big sell-off in bitcoin during the weekend.
Les mer »
5 Women Explain What It Feels Like to Experience Multiple Orgasms'It's like rolling waves of pleasure.'
Les mer »
FTC launching probe into supply chain disruptions, orders documents from Amazon, Walmart and more big retailersWalmart's CEO said shelves are stocked because of plans that started a year ago.
Les mer »
Billie Eilish Returns To a Very Normie BrunetteThe internet is even more surprised than when she went blonde.
Les mer »
Jack Dorsey's departure from Twitter gives him more time to focus on his passion for bitcoinDecentralization of power on the internet is a major personal theme for Dorsey.
Les mer »