China Tech Faces Worry Beyond Tariffs After $350 Billion Wipeout
This article is for subscribers only.
Even as China’s tech stocks begin to recoup some of their recent big losses, some investors and analysts are eyeing looming concerns that may have a worse impact than Donald Trump’s tariffs.
The Hang Seng Tech Index has shed more than $350 billion in market value since a March high, though it has gained more than 10% over the past four sessions. While China’s rapid AI development remains a key positive, heightened geopolitical tensions are at the forefront at the moment.