# market selloff
Latest news and articles about market selloff
Total: 2 articles found
Hong Kong Stocks Slip as Oil and Shipping Rout Outweigh Tech Resilience
The Hang Seng fell 2.01% while the Hang Seng Tech index dropped 0.96% as oil-and-gas services and shipping names suffered heavy losses. Mega-cap techs such as Alibaba and JD.com weakened but helped keep the tech sub-index from falling as steeply as the broader market. The move reflects sector rotation and heightened sensitivity to commodity and trade-related risks amid volatile global markets.
China’s A‑Shares Slide: Broad-Based Selloff Sees Hundreds of Stocks Hit Limits as Tech, Metals Lead Declines
China’s equity markets tumbled on February 2, with major indices down over 2% and hundreds of stocks hitting limit‑down as trading volume contracted. Defensive pockets such as white spirits and power‑grid equipment held up, while metals, energy and semiconductor names led the declines, raising questions about investor confidence and near‑term policy reaction before Lunar New Year.