China Stocks Lead Global Losses as Tech Rout Hits Fragile Market
- Investors are cautious ahead of Trump-Xi meet: First Shanghai
- Hong Kong’s world-beating November rally comes under threat
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Chinese stocks were the world’s worst performers Tuesday, falling the most this month, and Hong Kong’s November rebound came unstuck.
The CSI 300 Index slid 2.3 percent, with technology shares leading declines after another sell-off in the U.S. That also dragged on Hong Kong’s Hang Seng Index, which lost 2 percent as all but two of its 50 members declined. Internet giant Tencent Holdings Ltd. retreated 3.3 percent.