By Sophie Yu and Brenda Goh BEIJING (Reuters) - The start of the Beijing Winter Olympics has triggered a gold rush for winter sport goods in China, wi.
It began, in the early stages, as a secret mobilization. Then came the protests, marches of ever-larger numbers, direct confrontation, occupations, blockades, anarchy, media exposure, a case of accidental death, the involvement of higher levels of authority, negotiation … until, finally, after two years and eleven months, on the 2nd of February 2012, in Guangdong province, in
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Chinese technology stocks witness bigger drop than US peers ANI | Updated: Mar 12, 2021 18:16 IST
Washington DC [US], March 12 (ANI): China s technology stocks have fallen harder than its US peers, as an index of the largest technology stocks listed in Hong Kong showed a drop of 26 per cent in less than three weeks, reflecting how a sudden turn in the market has resulted into significant losses for investors who piled into popular stocks earlier this year.
The Hang Seng Tech Index which tracks 30 companies including Chinese internet giants Tencent Holdings Ltd, Alibaba Group Holding Ltd and smartphone maker Xiaomi Corp closed on Tuesday at its lowest level in 2021 and has slipped into the bear-market territory (drop of at least 20 per cent), reported the Wall Street Journal (WSJ).