Asian Tech Shares Slide as US-China Tensions Reverberate
Asia’s tech giants track US losses, hit by trade friction spillover.
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17h agoAsian Tech Shares Slide as US-China Tensions Reverberate
Major Japanese and Korean tech stocks opened lower following the sharp U.S. market selloff and renewed tariff threats. SoftBank Group and Mitsubishi UFJ Financial fell over 1%, while Samsung Electronics and SK Hynix also declined as investor risk appetite weakened. Analysts said escalating U.S.-China trade tensions and cautious global sentiment are pressuring Asian equities, with traders shifting toward defensive plays amid concerns over potential supply-chain disruptions and slowing tech sector demand.
negative
17h agoAsian Tech Shares Slide as US-China Tensions Reverberate
Major Japanese and Korean tech stocks opened lower following the sharp U.S. market selloff and renewed tariff threats. SoftBank Group and Mitsubishi UFJ Financial fell over 1%, while Samsung Electronics and SK Hynix also declined as investor risk appetite weakened. Analysts said escalating U.S.-China trade tensions and cautious global sentiment are pressuring Asian equities, with traders shifting toward defensive plays amid concerns over potential supply-chain disruptions and slowing tech sector demand.
negative
Asian Tech Shares Slide as US-China Tensions Reverberate
about 17 hours ago
1 min read
71 words
Asia’s tech giants track US losses, hit by trade friction spillover.
Major Japanese and Korean tech stocks opened lower following the sharp U.S. market selloff and renewed tariff threats. SoftBank Group and Mitsubishi UFJ Financial fell over 1%, while Samsung Electronics and SK Hynix also declined as investor risk appetite weakened. Analysts said escalating U.S.-China trade tensions and cautious global sentiment are pressuring Asian equities, with traders shifting toward defensive plays amid concerns over potential supply-chain disruptions and slowing tech sector demand.
Major Japanese and Korean tech stocks opened lower following the sharp U.S. market selloff and renewed tariff threats. SoftBank Group and Mitsubishi UFJ Financial fell over 1%, while Samsung Electronics and SK Hynix also declined as investor risk appetite weakened. Analysts said escalating U.S.-China trade tensions and cautious global sentiment are pressuring Asian equities, with traders shifting toward defensive plays amid concerns over potential supply-chain disruptions and slowing tech sector demand.
Companies:
SoftBank Group
Mitsubishi UFJ Financial
Samsung Electronics
+1 more
Tags:
Asian equities
tech stocks
Asian equities
tech stocks
US-China tensions
supply chain risk
market selloff
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