The Hang Seng Tech Index has lost more than US$600 billion in market capitalisation since a February peak. Photo: AP The Hang Seng Tech Index has lost more than US$600 billion in market capitalisation since a February peak. Photo: AP
The Hang Seng Tech Index has lost more than US$600 billion in market capitalisation since a February peak. Photo: AP

Hang Seng Tech Index may fall by another 8 per cent as Didi probe deepens rout, CCBI says

  • The 30-member gauge, which has lost more than US$600 billion in market cap since February, has a way to fall before the sell-off eases, says the investment unit of China Construction Bank
  • Beijing’s unexpected move to put ride-hailing giant Didi Chuxing under a cybersecurity review has deepened the rout of the Hang Seng Tech Index in the past week

Topic |   Hong Kong stock market
The Hang Seng Tech Index has lost more than US$600 billion in market capitalisation since a February peak. Photo: AP The Hang Seng Tech Index has lost more than US$600 billion in market capitalisation since a February peak. Photo: AP
The Hang Seng Tech Index has lost more than US$600 billion in market capitalisation since a February peak. Photo: AP
READ FULL ARTICLE