Hong Kong's Hang Seng Index futures closed slightly higher at 23,103 in overnight trading on October 28, while Hang Seng Tech Index futures slipped 0.18% to 3,841. The narrow split shows investors favoring old-economy names over tech.
Citadel Securities warns that the enormous scale of AI investment leaves markets almost no room for disappointment, while Goldman Sachs says hedge funds dumped tech stocks at the fastest pace in two years.
Hong Kong's Hang Seng Index fell as much as 2% on Friday, dragging Chinese tech giants lower, while Xiaomi spent HK$50.1 million repurchasing its own shares. The pullback follows a softer night for US-listed Chinese stocks and rising Treasury yields.
You've reached the end
