slid for a third session in Hong Kong on Tuesday as investors clamoured to offload shares amid concerns over Beijing’s ties with Russia and a persistent regulatory overhang.
The decline tracked the overnight slide in US-listed Chinese firms as JPMorgan Chase & Co analysts labelled some Internet names as “uninvestable”.Weak sentiment towards Chinese tech has accelerated into fear in recent days as new regulatory developments including possible US delisting alarmed investors. Beijing’s ties with Russia and a lockdown in China’s tech hub Shenzhen also added to risks.
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