chinese tech stocks drop

Chinese tech stocks sink as Alibaba hits record-low in Hong Kong amid price cuts Fed concerns while city battles Covid-19 outbreaks. Technology stocks on Bursa Malaysia tumble again as US big tech shares crashed on US tapering concernsIt was again a sea of red for the sector with Bursa Malaysia Technology Index slipping 552 points or 62 to 8345 on Fridays Jan 14 noon breakThe fall was led by Malaysian Pacific Industries Bhd which was the top loser in terms of.

Chinese Tech Stocks Fall As U S Sec Begins Law Aimed At Delisting

The tech stocks have been dropping amid worries over Beijings regulatory plans for the sector.

. Alibaba led the decline in Chinese technology stocks following a Bloomberg report that authorities have begun another round of checks on its fintech business arm. The Hang Seng Tech Index fell over 3 on Tuesday heading for the lowest close since its inception in 2020. 26 January 2022 641 pm 3-min read.

Taiwan China and Tech Stocks February 1 2022 By Jeff Remsburg Contributing Editor Feb 1 2022 906 pm EST February 1 2022. As of 1241 pm. ET Rivian and Lucid shares were up 31 and about 1 respectively while Nio.

KUALA LUMPUR Jan 14. The stocks of both start-ups are on the rise while Chinese EV company Nio NYSE. Hong Kong stocks sank by the most in two months led by another round of sell-off in Alibaba Group Holding as more analysts trimmed their price targets before.

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