China's blue-chip stocks hit over one-year low on AI-linked supply chain selloff
SHANGHAI: China’s blue-chip stock index fell to its lowest in more than a year on Friday, as a selloff in AI-related supply chain shares deepened, while Hong Kong stocks rebounded on gains in internet companies. The CSI300 Index dropped 1.3% by the lunch brea...
SHANGHAI: China’s blue-chip stock index fell to its lowest in more than a year on Friday, as a selloff in AI-related supply chain shares deepened, while Hong Kong stocks rebounded on gains in internet companies. The CSI300 Index dropped 1.3% by the lunch break to its lowest level since August 2025, while the Shanghai Composite Index lost 1.2%. Hong Kong’s benchmark Hang Seng was up 1.1%. The 5G Communication Index f...