Global Market: China stocks slide to one-week low as AI valuation concerns hit tech shares

    Chinese stocks declined on Tuesday, extending a broader technology-led selloff across Asian markets as investors reassessed stretched valuations amid concerns over rising domestic chip production and massive investments in artificial intelligence infrastructure. According to Reuters, the blue-chip CSI300 index fell 2.3% by the midday break, touching its lowest level since July 21. The Shanghai Composite…

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    China stock market today: China stock market crash: Shanghai Composite, Hong Kong benchmark Hang Seng head for worst week. Here are reasons

    China stock market today: China stock market crash: Shanghai Composite, Hong Kong benchmark Hang Seng head for worst week. Here are reasons

    China stocks fell on Friday, set for the steepest weekly decline in 10 weeks, as investor caution over trade uncertainties and profit-taking in artificial intelligence shares dampened sentiment ahead of a key leadership gathering next week. China’s blue-chip CSI300 Index dropped 1.3 per cent, while the Shanghai Composite Index lost 1 per cent. Hong Kong…

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