ReferIndia News Tech Sell-off Dampens China and Hong Kong Markets Amid Anticipation of Xi's Speech

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Tech Sell-off Dampens China and Hong Kong Markets Amid Anticipation of Xi's Speech

Published on: Sept. 2, 2025, 2:09 p.m. | Source: Devdiscourse

China and Hong Kong stock markets closed lower with a fall in technology shares as investors secured profits from AI-driven rallies, ahead of President Xi Jinping's address. Although tech has propelled growth, concerns about valuations persist. Margin financing hit record highs, reflecting increased leveraged investments.

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