Core Viewpoint - Chinese chip and tech stocks are experiencing declines due to negative sentiment from Wall Street and weak domestic economic data in China [1][2] Group 1: Market Sentiment - Wall Street's skepticism towards artificial intelligence, fueled by U.S. tech giants Oracle and Broadcom, has negatively impacted Asian markets [2] - The overall sentiment in Hong Kong tech is affected by both external pressures from Wall Street and internal weaknesses in China's economic data [1] Group 2: Economic Data - China's November activity data indicates weakness across various sectors, including spending, investment, and real estate [2] - The ChiNext Price Index, which is heavily weighted towards technology, ended 1.8% lower, reflecting the broader market's concerns [2]
Chinese Tech Stocks Stumble Amid Sluggish Sentiment
Barrons·2025-12-15 08:38