China and Hong Kong stocks opened lower, mirroring regional declines as investors worried about the AI rally's sustainability. Strong U.S. jobs data fueled fears of Federal Reserve rate hikes, impacting tech shares, including Nvidia supplier Zhongji Innolight. Wall Street also saw a significant tech stock drop on Friday.

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.

Asian equities went into reverse Friday on continued worries about the AI trade after disappointing forecasts from chip titan Broadcom, while investors were also keeping a wary…

Asian markets experienced a sharp downturn as the AI rally cooled, with South Korea's KOSPI halting trading after a significant drop. Investors are now weighing the impact of…

China and Hong Kong stocks opened lower, mirroring regional declines as investors worried about the AI rally's sustainability. Strong U.S. jobs data fueled fears of Federal…