It’s Bad In China. And Worse For Hong Kong Tech

It’s Bad In China. And Worse For Hong Kong Tech

Last week, I whispered about a "global tech bear market." The poster child, I noted, was the Hang Seng Tech index. Rising yields (especially in the US) have kneecapped tech and other high-fliers the world over. It's as if many market darlings "forgot" to drop off the envelope to Silvio Dante, and now Paulie Walnuts is at the front door. On Monday, tech shares in Hong Kong were bludgeoned -- again. After falling into a bear market last week, the tech index dropped nearly 7%, extending what can
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