Chinese tech stocks feel early winter chill

Equity markets around the world have had a rough week, but Chinese tech stocks seem to be having a particularly painful time.

As of 12:30 on October 12^th, Hong Kong’s Hang Seng Index had tumbled 4.3 percent for the week, the Shanghai Composite Index was down 6.8 percent, while Shenzhen had fallen 8.8 percent.

Alibaba’s shares hit their lowest point in a year, Xiaomi’s plunged to less than 60 percent of their post-IPO peak.

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom