China tech shares tumbled on Monday, with a key gauge poised to close at its lowest level since launch last year as concerns mount over how many more firms could withdraw from American exchanges.
The Hang Seng Tech Index, a gauge of mostly Chinese tech giants traded in Hong Kong, saw losses deepen to as much as 3.6% in afternoon trading. Alibaba Group Holding Ltd. and Trip.com Group Ltd. were among the biggest losers, each sinking at least 8.3%. Both companies are also traded in the U.S.
"low" - Google News
December 06, 2021 at 09:09AM
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China Tech Index on Track for Record Low as Rout Continues - Bloomberg
"low" - Google News
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