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