Hong Kong stocks plunge on tech losses after Walmart reportedly plans to dump JD.com shares
Hong Kong Shares slumped on speculation that foreign investors are dumping Chinese technology stocks amid concerns about earnings and the economic outlook, while a report showed that more hedge funds are abandoning their bets on Chinese stocks. The Hang Seng…
High-growth tech stocks to watch in China in August 2024
As Chinese equities remained resilient despite weaker-than-expected economic activity, the Shanghai Composite Index and the blue-chip CSI 300 index posted modest gains, reflecting a cautious yet optimistic market sentiment. In this environment of mixed economic signals, identifying high-growth technology stocks…