A sell-off in Hong Kong has lopped about US$245 billion from Hang Seng Tech Index members this month. Photo: AFP A sell-off in Hong Kong has lopped about US$245 billion from Hang Seng Tech Index members this month. Photo: AFP
A sell-off in Hong Kong has lopped about US$245 billion from Hang Seng Tech Index members this month. Photo: AFP
Business /  China Business

Tech sell-off sends Hong Kong stocks to biggest slide in 20 weeks as China signals more regulatory curbs

  • Hang Seng Index slumped 3.4 per cent for the week as China’s central bank warned more anti-monopoly actions against payments operators
  • Market trimmed some losses in Friday trading as a technical gauge signals this week’s sell-off may have been excessive

Topic |   Hong Kong stock market
Iris Ouyang
Iris Ouyang

Updated: 5:12pm, 9 Jul, 2021

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A sell-off in Hong Kong has lopped about US$245 billion from Hang Seng Tech Index members this month. Photo: AFP A sell-off in Hong Kong has lopped about US$245 billion from Hang Seng Tech Index members this month. Photo: AFP
A sell-off in Hong Kong has lopped about US$245 billion from Hang Seng Tech Index members this month. Photo: AFP
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