Chinese tech shares briefly touched their record lows in Hong Kong, as Didi Global Inc.’s announcement to start U.S. delisting and rising scrutiny on mainland firms traded there dealt a further blow to already soured sentiment.
The Hang Seng Tech Index, which tracks mostly Chinese technology giants traded in Hong Kong, slid as much as 2.7% before closing 1.5% lower to hover over its lowest level since the gauge was launched in July last year. Members of the index have seen about $1.5 trillion of combined market value evaporate since a February peak.
