China Markets Slide as AI Sector Rout Deepens

Hong Kong markets mirrored the mainland downturn, with major indices touching a fresh one-year low. Analysts point to the sudden volatility in AI-linked stocks as the primary catalyst for the broader regional retreat, effectively erasing recent confidence in the sector. Investors are now recalibrating their positions as the combination of localized tech-heavy losses and systemic economic uncertainty continues to exert downward pressure on valuations across East Asian financial hubs.