Hong Kong’s Tech Sector Stumbles as Tariff Tensions and Margin Worries Mount
Last week, Hong Kongs Hang Seng Index plummeted dramatically, with technology stocks leading the way. The fall was caused by a combination of concerns about growing tariffs and how profitable the regions largest technology companies will be. Alibaba, JD.com, and Tencent were the hardest hurt, and investors reacted rapidly to evidence of growing operating costs and decreased earnings expectations.
https://www.topforx.com/hong-kong-tech-sector-stumbles-as-tariff-tensions-and-margin-worries-mount/
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