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Hong Kong stocks slumped as AI rallies in Asia unwind on US rate-increase fears
The Hang Seng dropped by 1.8% when markets opened, the Tech Index fell by 3.1% and the mainland’s CSI 300 Index slipped 3.1%.
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straitstimes.com
Asia tech stocks slide as cracks emerge in AI rally
The sell-off was biggest in South Korea, where the Kospi index sank as much as 7 per cent. Read more at straitstimes.com. Read more at straitstimes.com.
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thehindubusinessline.com
Asian markets slide as AI rally fades, oil prices jump and rate hike fears grow
Asian stocks fell as the AI rally cooled, oil prices surged on Middle East tensions, and stronger US jobs data fueled interest rate concerns.
