Hong Kong share prices close lower on tech profit-taking
(Il Sole 24 Ore Radiocor) - Milano, 20 mag - Hong Kong share prices closed lower as investors locked in profits in tech stocks amid weaker sentiment across Asia.
Caution grew following overnight softness on Wall Street, particularly among chipmakers and AI related shares, while rising US Treasury yields and uncertainty over Federal Reserve interest rate cuts further dampened appetite for risk assets.
Losses were led by the tech stocks.
The Hang Seng index fell 0.57% to close at 25,651.12 points.
(RADIOCOR) 20-05-26 10:45:00 (0274) 5 NNNN