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Global Market: China stocks face steep weekly losses as CXMT IPO sparks liquidity crunch fears
Chinese and Hong Kong stocks slid sharply on Friday, with mainland benchmarks headed for their steepest weekly losses in over two years. Investor sentiment weakened as concerns grew that CXMT's $8.6 billion IPO and a pipeline of large listings could drain market liquidity, triggering heavy selling in AI and semiconductor stocks.
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france24.com
Tokyo, Taipei lead heavy losses as Asian markets suffer fresh tech rout
Tokyo and Taipei led losses on a glum day for Asian markets Friday, with tech firms once again in the crosshairs as investors cash in following this year's breathtaking rally.
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thehindubusinessline.com
Stocks drop as chip selloff deepens, crude oil prices climb: Markets Wrap
Technology stocks have come under pressure in recent weeks as investors increasingly question whether this year’s blistering AI-driven rally has run too far, too fast
