China Stocks Sink to Over a Year Low as AI Rout Deepens; Hong Kong Rebounds on Tech Buying
Chinese blue-chip shares fell to their weakest level in more than a year on Thursday as investors extended the selloff in artificial intelligence-linked names and rotated into safer parts of the market. The CSI300 and Shanghai Composite both declined, while Hong Kong’s Hang Seng Index recovered on a technology-led bounce, underscoring a sharp divergence in sentiment across Greater China markets.
